US 11,811,931 B2
System for real-time assessment of authenticity of a resource using non-fungible tokens
Michael Robert Young, Davidson, NC (US); and Manu Jacob Kurian, Dallas, TX (US)
Assigned to BANK OF AMERICA CORPORATION, Charlotte, NC (US)
Filed by BANK OF AMERICA CORPORATION, Charlotte, NC (US)
Filed on Sep. 15, 2021, as Appl. No. 17/475,418.
Prior Publication US 2023/0080833 A1, Mar. 16, 2023
Int. Cl. H04L 9/32 (2006.01); H04L 9/08 (2006.01); H04L 9/00 (2022.01)
CPC H04L 9/3213 (2013.01) [H04L 9/0866 (2013.01); H04L 9/50 (2022.05); H04L 2209/805 (2013.01)] 20 Claims
OG exemplary drawing
 
1. A system for real-time assessment of authenticity of a resource using non-fungible tokens (NFTs), the system comprising:
at least one non-transitory storage device; and
at least one processing device coupled to the at least one non-transitory storage device, wherein the at least one processing device is configured to:
electronically receive, from a computing device of a user, an indication that a resource has been restored using a first resource portion, wherein the resource is associated with a first NFT;
retrieve an NFT associated with the first resource portion;
retrieve, from a first metadata layer of the NFT associated with the first resource portion, a value of the NFT associated with the first resource portion;
initiate an NFT generator on the resource;
generate, using the NFT generator, a second NFT for the resource;
link the NFT associated with the first resource portion with the second NFT;
determine, using an NFT valuation engine, a value for the second NFT, wherein the value for the second NFT is based on at least a value of the NFT associated with the first resource portion;
record the second NFT on a distributed ledger; and
transmit control signals configured to cause the computing device of the user to display a notification indicating the recording.