US 12,079,870 B2
Smart decentralized platform for settlement of delisted stocks
Saurabh Uprit, Chennai (IN); and Amar Tayade, Mumbai (IN)
Assigned to Bank of America Corporation, Charlotte, NC (US)
Filed by Bank of America Corporation, Charlotte, NC (US)
Filed on Jan. 25, 2023, as Appl. No. 18/101,205.
Application 18/101,205 is a continuation of application No. 17/502,359, filed on Oct. 15, 2021, granted, now 11,615,469.
Prior Publication US 2023/0169591 A1, Jun. 1, 2023
This patent is subject to a terminal disclaimer.
Int. Cl. G06Q 40/00 (2023.01); G06Q 40/04 (2012.01)
CPC G06Q 40/04 (2013.01) 20 Claims
OG exemplary drawing
 
1. A computing platform for intelligent, real time execution of delisted stock transactions comprising:
at least one processor;
a communication interface communicatively coupled to the at least one processor; and
memory storing computer-readable instructions that, when executed by the at least one processor, cause the computing platform to:
identify, using a delisting recommendation engine, recommended parameters for a sale of a first delisted stock, wherein the recommended parameters include at least: a recommended time to sell and a recommended sale price, and wherein identifying the recommended sale price comprises executing the following equation: a*(b/c)*d, wherein a is a most recent sale price for the first delisted stock, b is a benchmark value of current market conditions, c is a benchmark value of historical market conditions, and d is a risk factor corresponding to the first delisted stock;
send, to a client computing device, the recommended parameters identified using the delisting recommendation engine;
receive a request to sell the first delisted stock under conditions of the recommended parameters identified using the delisting recommendation engine;
send, to the client computing device and a recipient computing device, one or more commands that cause execution of smart contract ledgering between a buyer and a seller to identify final sale parameters, wherein sending the one or more commands that cause execution of smart contract ledgering between the buyer and the seller causes the client computing device and the recipient computing device to execute smart contract ledgering between the buyer and the seller to identify the final sale parameters, and wherein:
execution of the smart contract ledgering comprises implementing one or more distributed ledger nodes, and
each of the one or more distributed ledger nodes is configured to maintain an independent distributed ledger for an entity associated with the corresponding distributed ledger node, wherein the one or more distributed ledger nodes comprise holochain nodes, configured:
in a decentralized manner,
to process entries in real time, and
to operate offline;
receive an indication that the smart contract ledgering is completed and that the final sale parameters have been identified;
send, to a custodian computing device and the client computing device, one or more commands that cause execution of a transfer of the first delisted stock from the seller to the buyer and a transfer of funds from the buyer to the seller, wherein sending the one or more commands that cause execution of the transfer of the first delisted stock from the seller to the buyer and the transfer of the funds from the buyer to the seller causes execution of the transfer of the first delisted stock from the seller to the buyer and the transfer of the funds from the buyer to the seller; and
dynamically update, based on acceptance of the recommended parameters by the seller, the delisting recommendation engine, wherein the update improves accuracy of the delisting recommendation engine.