US 12,294,659 B2
System for tracking resources using non-fungible tokens
Michael Robert Young, Davidson, NC (US); James J. Siekman, Charlotte, NC (US); and Richard Seymour Scot, Huntersville, NC (US)
Assigned to BANK OF AMERICA CORPORATION, Charlotte, NC (US)
Filed by BANK OF AMERICA CORPORATION, Charlotte, NC (US)
Filed on Feb. 14, 2024, as Appl. No. 18/441,657.
Application 18/441,657 is a continuation of application No. 17/458,741, filed on Aug. 27, 2021, granted, now 11,949,795.
Prior Publication US 2024/0187250 A1, Jun. 6, 2024
This patent is subject to a terminal disclaimer.
Int. Cl. H04L 9/32 (2006.01); H04L 9/00 (2022.01)
CPC H04L 9/3247 (2013.01) [H04L 9/50 (2022.05)] 17 Claims
OG exemplary drawing
 
1. A system for tracking resources using non-fungible tokens (NFTs), the system comprising:
at least one processing device; and
at least one non-transitory storage device containing instructions that, when executed by the at least one processing device, cause the at least one processing device to:
electronically receive, over a distributed computing network from a computing device of a user, a request for a non-fungible token (NFT) for a resource, wherein the resource is a physical object;
initiate a non-fungible token (NFT) generator on the resource in response to receiving the request;
generate a unique digital signature for the resource, wherein generating the unique signature further comprises:
generating, using a resource scanner, an image of the resource; and
identifying one or more features of the resource from the image of the resource, wherein the one or more features comprise dimensionality information of the resource, color schema of the resource, surface topography of the resource, and physical density of the resource;
generate, using the NFT generator, the NFT, wherein the NFT comprises at least the unique digital signature for the resource;
determine a physical condition of the resource using the one or more features;
store the physical condition of the resource in a first metadata layer associated with the NFT; and
record the NFT for the resource on a distributed ledger, wherein recording the NFT on the distributed ledger further comprises:
generating a new transaction object for the NFT; and
deploying the new transaction object on the distributed ledger.