COMPUTER IMPLEMENTED METHOD FOR PROCESSING A FINANCIAL TRANSACTION AND A SYSTEM THEREFOR
A computer implemented method for processing a financial transaction includes the steps of transmitting one or more documents pertaining to the financial transaction, from an intermediary server to a 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, generating the token at the token server and adding the token into the blockchain, transmitting the token to the intermediary server from the token server, and transmitting the token from the intermediary server to the document store.
1 . A computer implemented method for processing a financial transaction, the method comprising the steps of:
transmitting one or more documents pertaining to the financial transaction, from an intermediary server in a centralized financial system to a document store;
generating an enriched data record from the one or more documents, at the intermediary server, and adding the enriched data record into a blockchain being a distributed ledger, from the intermediary server;
requesting generation of a token corresponding to the financial transaction to identify the one or more documents, to a token server;
generating the token at the token server and adding the token into the blockchain;
transmitting the token to the intermediary server from the token server; and
transmitting the token from the intermediary server to the document store in association with the one or more documents.