System for network resource exchanging

US10825021B2 · kind B2 · utility

Assignee

• Bank of America Corporation · US

Inventors

• Rebecca Stepp Morgan · Charlottesville, US
• Robert E. Marshall · Elizabethtown, US
• Judith C. Taylor · Brooklyn, US
• Shawn Cart Gunsolley · Charlotte, US
• Deirdre Spehar · Belleville, US
• Chad Ryan Compton · Manchester, US

Key dates

• Filing date: May 1, 2019
• Grant date: Nov 3, 2020
• Expiry date: May 1, 2039

Classification

• Technology area (CPC H): Electricity
• CPC primary: H04L2209/56
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Resource exchange platform for integrating and facilitating direct resource exchanges and resource tracking between multiple organizations. The platform may establish an exchange program directly between organizations to identify, trade, and settle the transfer of physical resources physically and/or electronically. The resource exchange platform provides a more efficient exchange of physical resources, more secure trackable resource exchanges, and more agency insight into resource exchanges in order to identify potential interactions involving misappropriated resources.