US 12,248,554 B2
Systems, methods, and apparatuses for implementing and authenticating virtual resource transfer devices comprising electronic data records in a distributed network
Suriyanath S, Chennai (IN); and Rohan Vijayvergia, Rajasthan (IN)
Assigned to BANK OF AMERICA CORPORATION, Charlotte, NC (US)
Filed by BANK OF AMERICA CORPORATION, Charlotte, NC (US)
Filed on Oct. 14, 2022, as Appl. No. 17/966,100.
Prior Publication US 2024/0126858 A1, Apr. 18, 2024
Int. Cl. G06F 21/33 (2013.01)
CPC G06F 21/33 (2013.01) 19 Claims
OG exemplary drawing
 
1. A system for implementing and authenticating a virtual resource transfer device, the system comprising:
a memory device with computer-readable program code stored thereon;
at least one processing device operatively coupled to the at least one memory device and at least one communication device, wherein executing the computer-readable code is configured to cause the at least one processing device to:
receive data associated with a virtual resource token owned by a user, wherein the virtual resource token is a non-fungible token (NFT) comprising an image;
determine a resource value of the virtual resource token, wherein the resource value is determined based on at least one of a resource transfer associated with the virtual resource token, a real-time resource value of the virtual resource token, a resource value provided by an entity associated with the virtual resource transfer device, or a resource value provided by an entity associated with the virtual resource token;
determine a current resolution of the virtual resource token based on a current number of pixels in the image;
dynamically update, based on the current resolution of the virtual resource token, the resource value of the virtual resource transfer device;
generate a virtual resource transfer device associated with the virtual resource token; and
generate, based on the updated resource value of the virtual resource token, a resource transfer availability of the virtual resource transfer device.