Computer implemented method for processing a financial transaction and a system therefor

US10984413B2 · kind B2 · utility

Assignee

• IDENTITII PTY LTD · AU

Inventors

• Nick Armstrong · Sydney, AU
• Ben Buckingham · Sydney, AU
• Daniel Friedman · Silver Spring, US
• Elliot Shepherd · Sydney, AU
• Eric Knight · Sydney, AU

Key dates

• Filing date: Aug 12, 2016
• Grant date: Apr 20, 2021
• Expiry date: Feb 25, 2037

Classification

• Technology area (CPC H): Electricity
• CPC primary: H04L63/0471
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A computer implemented method for processing a financial transaction includes the steps of transmitting one or more documents pertaining to the financial transaction, from a first intermediary server to a first document store, generating an enriched data record from the one or more documents, at the first intermediary server, and adding the enriched data record into a blockchain, from the first intermediary sever, requesting generation of a token corresponding to the financial transaction, to a token server, from the first intermediary server, via a messaging bus, generating the token at the token server and adding the token into the blockchain from the token server, transmitting the token to the first intermediary server from the token server, via the messaging bus, and transmitting the token from the first intermediary server to the first document store.