Granted Patent B2

US 12,500,751 · App. 17/750,478 · Granted Dec 16, 2025

Inventors: Sujatha Balaji (Tamil Nadu, IN); Rajapandian Chellimuthu (Tamil Nadu, IN)

Assignee: BANK OF AMERICA CORPORATION

H04L9/0872H04L9/3213H04L41/16

Abstract

Claims (56)

1 . A system for assigning geospatial data to tokenized resources via a bridge protocol, the system comprising:

at least one non-transitory storage device; and

at least one processing device coupled to the at least one non-transitory storage device,

wherein the at least one processing device is configured to:

electronically receive, over a distributed network from a computing device of a user, a request for a token for a resource, wherein the resource comprises an indemnity policy for an underlying physical asset;

generate the token using a token generator, wherein the token comprises resource information comprising geolocation information of the underlying physical asset and dynamically linked calamity likelihood and severity metrics computed by the geo-spatial analyzer;

publish the token on a marketplace, wherein the marketplace allows users to access the token;

transmit the resource information to or from the token via a bridge from a geo-spatial analyzer, the resource information comprising geo-spatial data of at least one calamity associated with the indemnity policy;

obtain a consensus;

record the token on a distributed ledger;

receive a request for a disposition of a claim on the indemnity policy, the request for the disposition of the claim comprising event data of the claim;

automatically generate a validation as a result of comparing the event data to the geo-spatial data from the geo-spatial analyzer;

determine related claims by comparing the claim to the geo-spatial data;

group the related claims into grouped claims based on the geo-spatial data, wherein the grouping is based on the geo-spatial data;

provide a disposition of a plurality of the grouped claims to a plurality of tokens, based on the validation, via the resource information transmitted from the bridge; and

adjust, automatically via the geo-spatial analyzer and transmitted via the bridge, terms of the indemnity policy represented by the token, the terms comprising coverage premiums.

2 . The system of claim 1 , wherein in response to receiving geo-spatial data from the geo-spatial analyzer, the bridge modifies the resource information.

3 . The system of claim 1 , wherein the geo-spatial analyzer comprises a machine learning model.

4 . The system of claim 2 , wherein in response to receiving geo-spatial data from the geo-spatial analyzer, the bridge sends an alert to auto-trigger an event.

5 . The system of claim 1 , wherein obtaining the consensus is conducted in an off-chain transfer.

6 . The system of claim 1 , wherein obtaining the consensus is conducted in an on-chain transfer.

7 . A computer program product for assigning geospatial data to tokenized resources via a bridge protocol, the computer program product comprising a non-transitory computer-readable medium comprising code causing a first apparatus to:

electronically receive, over a distributed network from a computing device of a user, a request for a token for a resource, wherein the resource comprises an indemnity policy for an underlying physical asset;

generate the token using a token generator, wherein the token comprises resource information comprising geolocation information of the underlying physical asset and dynamically linked calamity likelihood and severity metrics computed by the geo-spatial analyzer;

publish the token on a marketplace, wherein the marketplace allows users to access the token;

transmit the resource information to or from the token via a bridge from a geo-spatial analyzer, the resource information comprising geo-spatial data, of at least one calamity associated with the indemnity policy, from a geo-spatial analyzer;

obtain a consensus;

record the token on a distributed ledger;

receive a request for a disposition of a claim on the indemnity policy, the request for the disposition of the claim comprising event data of the claim;

automatically generate a validation as a result of comparing the event data to the geo-spatial data from the geo-spatial analyzer;

determine related claims by comparing the claim to the geo-spatial data;

group the related claims into grouped claims based on the geo-spatial data, wherein the grouping is based on the geo-spatial data;

provide a disposition of a plurality of the grouped claims to a plurality of tokens via the resource information transmitted from the bridge; and

adjust, automatically via the geo-spatial analyzer and transmitted via the bridge, terms of the indemnity policy represented by the token, the terms comprising coverage premiums.

8 . The computer program product of claim 7 , wherein in response to receiving geo-spatial data from the geo-spatial analyzer, the bridge modifies the resource information.

9 . The computer program product of claim 7 , wherein the geo-spatial analyzer comprises a machine learning model.

10 . The computer program product of claim 8 , wherein in response to receiving geo-spatial data from the geo-spatial analyzer, the bridge sends an alert to auto-trigger an event.

11 . The computer program product of claim 7 , wherein obtaining the consensus is conducted in an off-chain transfer.

12 . The computer program product of claim 7 , wherein obtaining the consensus is conducted in an on-chain transfer.

13 . A method for assigning geospatial data to tokenized resources via a bridge protocol, the method comprising:

electronically receiving, over a distributed network from a computing device of a user, a request for a token for a resource, wherein the resource comprises an indemnity policy for an underlying physical asset;

generating the token using a token generator, wherein the token comprises resource information comprising geolocation information of the underlying physical asset and dynamically linked calamity likelihood and severity metrics computed by the geo-spatial analyzer;

publishing the token on a marketplace, wherein the marketplace allows users to access the token;

transmitting the resource information to or from the token via a bridge from a geo-spatial analyzer, the resource information comprising geo-spatial data, of at least one calamity associated with the indemnity policy, from a geo-spatial analyzer;

obtaining a consensus;

recording the token on a distributed ledger;

receiving a request for a disposition of a claim on the indemnity policy, the request for the disposition of the claim comprising event data of the claim;

automatically generating a validation as a result of comparing the event data to the geo-spatial data from the geo-spatial analyzer;

determining related claims by comparing the claim to the geo-spatial data;

grouping the related claims into grouped claims based on the geo-spatial data, wherein the grouping is based on the geo-spatial data;

providing a disposition of a plurality of the grouped claims to a plurality of tokens via the resource information transmitted from the bridge; and

adjusting, automatically via the geo-spatial analyzer and transmitted via the bridge, terms of the indemnity policy represented by the token, the terms comprising coverage premiums.

14 . The method of claim 13 , wherein in response to receiving geo-spatial data from the geo-spatial analyzer, the bridge modifies the resource information.

15 . The method of claim 13 , wherein the geo-spatial analyzer comprises a machine learning model.

16 . The method of claim 14 , wherein in response to receiving geo-spatial data from the geo-spatial analyzer, the bridge sends an alert to auto-trigger an event.

17 . The method of claim 13 , wherein obtaining the consensus is conducted in an off-chain transfer.

Assignments (1)

Continuity (1)

References Cited (24)