Patents by Inventor Richard Huw Thomas
Richard Huw Thomas has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).
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Publication number: 20240104459Abstract: Systems, computer program products, and methods are described herein for implementing resource ownership verifications in a federated distributed ledger. The present invention is configured to receive a query, wherein the query comprises a resource identifier; identify a federated distributed ledger associated with the resource identifier, the federated distributed ledger comprising data associated with an ownership of a resource associated with the resource identifier; query at least one entity associated with the resource, the query of the at least one entity associated with the resource comprising an update request of the resource, wherein the update request comprises a request to the at least one entity associated with the resource to determine a current owner of the resource; and update the federated distributed ledger with the current owner of the resource.Type: ApplicationFiled: September 22, 2022Publication date: March 28, 2024Applicant: BANK OF AMERICA CORPORATIONInventors: Brady Prentice Merkel, Mardochee Macxis, Richard Huw Thomas
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Publication number: 20240086911Abstract: Systems, computer program products, and methods are described herein for tracking and logging resource transfers in a distributed network. The present invention is configured to generate a distributed ledger associated with a resource identifier; receive a resource transfer associated with the resource identifier, the resource transfer comprising a resource transfer between a sender account and a recipient account; update the distributed ledger based on the resource transfer; and generate a resource token based on the distributed ledger.Type: ApplicationFiled: September 12, 2022Publication date: March 14, 2024Applicant: BANK OF AMERICA CORPORATIONInventors: Brady Prentice Merkel, Terrence Williamson, Mardochee Macxis, Anup Philip, Richard Huw Thomas
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Patent number: 11374935Abstract: Embodiments provide a system operatively connected with a block chain distributed network and for using the block chain distributed network for facilitating a person-to-person (P2P) alias-based resource allocation. Embodiments receive an event record associated with a P2P event between a first user and a second user. The event record comprises an alias associated with the first user and/or the second user. A distributed ledger is accessed that is updated based on communications from a block chain distributed network. An alias-to-entity mapping is retrieved from the accessed distributed ledger. The alias-to-entity mapping indicates at least an entity to which the alias is mapped. Based on the mapping the alias is determined to be at least partially valid. In some cases, embodiments determine that the alias corresponds to a resource depository number maintained by the entity in a private ledger and authorizes a resource event associated with the resource event request.Type: GrantFiled: October 9, 2019Date of Patent: June 28, 2022Assignee: BANK OF AMERICA CORPORATIONInventors: Joseph B. Castinado, Venkatakrishnan Balasubramanian, Richard Huw Thomas
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Patent number: 11140165Abstract: A system for secure distributed resource asset mapping across network edge framework for authorized user access is provided. The system being configured to: receive a request from an external user to access a first distributed resource within a first zone of a network, wherein the request comprises authentication credentials associated with the external user and requested components of the first distributed resource; authorize the request from the external user based on the authentication credentials; collect the requested components of the first distributed resource in the first zone of the network based on the request; project the requested components across an edge from the first zone to a second zone of the network thereby forming a second distributed resource, wherein only the requested components of the first distributed resource are visible to the external user on the second distributed resource in the second zone; and extract data from the requested components.Type: GrantFiled: July 22, 2019Date of Patent: October 5, 2021Assignee: BANK OF AMERICA CORPORATIONInventors: Manu Jacob Kurian, Richard Huw Thomas
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Patent number: 10992735Abstract: A system for generating event-based linkages between discrete distributed resources for tailored data visibility is provided.Type: GrantFiled: July 22, 2019Date of Patent: April 27, 2021Assignee: BANK OF AMERICA CORPORATIONInventors: Manu Jacob Kurian, Richard Huw Thomas
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Publication number: 20210112063Abstract: Embodiments provide a system operatively connected with a block chain distributed network and for using the block chain distributed network for facilitating a person-to-person (P2P) alias-based resource allocation. Embodiments receive an event record associated with a P2P event between a first user and a second user. The event record comprises an alias associated with the first user and/or the second user. A distributed ledger is accessed that is updated based on communications from a block chain distributed network. An alias-to-entity mapping is retrieved from the accessed distributed ledger. The alias-to-entity mapping indicates at least an entity to which the alias is mapped. Based on the mapping the alias is determined to be at least partially valid. In some cases, embodiments determine that the alias corresponds to a resource depository number maintained by the entity in a private ledger and authorizes a resource event associated with the resource event request.Type: ApplicationFiled: October 9, 2019Publication date: April 15, 2021Applicant: BANK OF AMERICA CORPORATIONInventors: Joseph B. Castinado, Venkatakrishnan Balasubramanian, Richard Huw Thomas
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Patent number: 10922683Abstract: Embodiments of the invention are directed to systems, methods and computer program products for implementing logic code within a resource disbursement limiter for integration into user mobile wallets via a third party mobile wallet system. The system provides a logic code within the presented resource disbursement limiter to the third party mobile wallet system for specific integration into a select user's mobile wallets and at selected locations within a list presented to the user via the mobile wallet. Furthermore, the system receives notification of use of the resource disbursement limiter and is pushed the acceptance for integration into the user resource storage.Type: GrantFiled: January 24, 2020Date of Patent: February 16, 2021Assignee: BANK OF AMERICA CORPORATIONInventors: Tracy Beth Greene, William Bradley Burks, Andrew S. Heiman, Richard Huw Thomas
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Publication number: 20210029194Abstract: A system for generating event-based linkages between discrete distributed resources for tailored data visibility is provided.Type: ApplicationFiled: July 22, 2019Publication date: January 28, 2021Applicant: BANK OF AMERICA CORPORATIONInventors: Manu Jacob Kurian, Richard Huw Thomas
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Publication number: 20210029121Abstract: A system for secure distributed resource asset mapping across network edge framework for authorized user access is provided. The system being configured to: receive a request from an external user to access a first distributed resource within a first zone of a network, wherein the request comprises authentication credentials associated with the external user and requested components of the first distributed resource; authorize the request from the external user based on the authentication credentials; collect the requested components of the first distributed resource in the first zone of the network based on the request; project the requested components across an edge from the first zone to a second zone of the network thereby forming a second distributed resource, wherein only the requested components of the first distributed resource are visible to the external user on the second distributed resource in the second zone; and extract data from the requested components.Type: ApplicationFiled: July 22, 2019Publication date: January 28, 2021Applicant: BANK OF AMERICA CORPORATIONInventors: Manu Jacob Kurian, Richard Huw Thomas
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Patent number: 10762504Abstract: A closed-loop system is operatively connected with a block chain distributed network for using the block chain distributed network for facilitating operation of a transaction record sharing system. Host and source institutions function to supply a consolidated transaction record to a user in response to a request from a user to the host institution. The request is determined to meet a condition of the block chain thereby verifying the request. The verified request for a transaction record is transmitted to at least one source institution. The transaction record of the source institution is accessed by the host institution. A consolidated transaction record is communicated to the user based on the transaction record.Type: GrantFiled: February 22, 2016Date of Patent: September 1, 2020Assignee: BANK OF AMERICA CORPORATIONInventors: Eric Eugene Sifford, Joseph Benjamin Castinado, Richard Huw Thomas
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Publication number: 20200184435Abstract: Embodiments of the invention are directed to a system, method, or computer program product for an interconnected resource distribution and retention network. The invention is structured for centralized or de-centralized network processing. In this way, the invention creates a network of interconnected agnostic resource distribution machines as nodes across a distributed network allowing resource distribution to customers across various entities. The system stores entity specific resource distribution machine interactive software. Upon user authentication into a resource distribution machine associated with the network, the system presents the user's entity specific resource distribution machine interactive software for user visualization and resource distribution completion.Type: ApplicationFiled: December 7, 2018Publication date: June 11, 2020Applicant: BANK OF AMERICA CORPORATIONInventors: Joseph Benjamin Castinado, Bryan Lee Card, Robert William Powers, Richard Huw Thomas
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Patent number: 10679215Abstract: Systems, computer program products, and methods are described herein for a system for control of device identity and usage in a process data network. The present invention is configured to receive an indication that a user has executed a transaction using a mobile device; receive a request to validate mobile device identity; retrieve financial credentials from the mobile device; retrieve device information associated with the mobile device used in the execution of the transaction; determine whether the retrieved financial credentials and the device information meet a condition of the block chain; receive an indication that the retrieved financial credentials and the device information meet the condition of the block chain thereby validating the request; and allow the execution of the transaction to be completed based on at least receiving the indication that the retrieved financial credentials and the device information meet the condition of the block chain.Type: GrantFiled: February 22, 2016Date of Patent: June 9, 2020Assignee: Bank of America CorporationInventors: Manu Jacob Kurian, Joseph Benjamin Castinado, Richard Huw Thomas
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Publication number: 20200160322Abstract: Embodiments of the invention are directed to systems, methods and computer program products for implementing logic code within a resource disbursement limiter for integration into user mobile wallets via a third party mobile wallet system. The system provides a logic code within the presented resource disbursement limiter to the third party mobile wallet system for specific integration into a select user's mobile wallets and at selected locations within a list presented to the user via the mobile wallet. Furthermore, the system receives notification of use of the resource disbursement limiter and is pushed the acceptance for integration into the user resource storage.Type: ApplicationFiled: January 24, 2020Publication date: May 21, 2020Applicant: BANK OF AMERICA CORPORATIONInventors: Tracy Beth Greene, William Bradley Burks, Andrew S. Heiman, Richard Huw Thomas
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Patent number: 10636029Abstract: Embodiments of the invention are directed to systems, methods and computer program products for implementing logic code within a resource disbursement limiter for integration into user mobile wallets via a third party mobile wallet system. The system provides a logic code within the presented resource disbursement limiter to the third party mobile wallet system for specific integration into a select user's mobile wallets and at selected locations within a list presented to the user via the mobile wallet. Furthermore, the system receives notification of use of the resource disbursement limiter and is pushed the acceptance for integration into the user resource storage.Type: GrantFiled: December 12, 2016Date of Patent: April 28, 2020Assignee: BANK OF AMERICA CORPORATIONInventors: Tracy Beth Greene, William Bradley Burks, Andrew S. Heiman, Richard Huw Thomas
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Patent number: 10135870Abstract: A closed-loop system is operatively connected with a block chain distributed network for using the block chain distributed network for facilitating operation of a transaction record sharing system between member institutions comprising a host system and a source system. Host and source institutions function to share the transaction records from member institutions such that a host institution that is a member of the block chain may obtain the transaction records of all source institutions of the block chain. The transaction records are validated on the block chain such that the transaction records are secure represent a source of truth.Type: GrantFiled: February 22, 2016Date of Patent: November 20, 2018Assignee: Bank of America CorporationInventors: Joseph Benjamin Castinado, Richard Huw Thomas, Manu Jacob Kurian, Eric Eugene Sifford
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Publication number: 20180137500Abstract: Embodiments of the invention are directed to systems, methods and computer program products for implementing logic code within a resource disbursement limiter for integration into user mobile wallets via a third party mobile wallet system. The system provides a logic code within the presented resource disbursement limiter to the third party mobile wallet system for specific integration into a select user's mobile wallets and at selected locations within a list presented to the user via the mobile wallet. Furthermore, the system receives notification of use of the resource disbursement limiter and is pushed the acceptance for integration into the user resource storage.Type: ApplicationFiled: December 12, 2016Publication date: May 17, 2018Inventors: Tracy Beth Greene, William Bradley Burks, Andrew S. Heiman, Richard Huw Thomas
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Publication number: 20180114205Abstract: Embodiments provide a system operatively connected with a block chain distributed network and for using the network for providing aggregate tracking and threshold triggering. Embodiments receive, at a node of a blockchain distributed network, an interaction record associated with an interaction between a payor entity and a payee entity. The system accesses and updates a distributed ledger based on communications from the block chain and determines, from the distributed ledger, a net position between the entity and a third party. If the entity is the payor entity and the third party is the payee entity, the system debits the net position in the amount of the interaction; however, if the entity is the payee entity and the third party is the payor entity, the system credits the net position in the amount of the interaction. The system then updates and records an updated net position on the distributed ledger.Type: ApplicationFiled: November 14, 2016Publication date: April 26, 2018Inventors: Richard Huw Thomas, Joseph Benjamin Castinado
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Publication number: 20170330159Abstract: The custodial block chain network is a distributed network of systems, including at least a first entity system, a second entity system, and a custodian entity system, wherein the network allows the first entity to quickly, securely, and easily allocate resources associated with a first user, via an electronic contract stored in the block chain, from the first entity to a second user associated with a second entity. The custodian entity system provides, through the use of the network, resource pools for the first and the second entities, and holds allocated resources from the first entity system until acceptance of the electronic contract. Upon acceptance of the electronic contract, the resources are released by the custodian entity to the resource pool associated with the second entity allowing the second entity to provide the allocated resources to the second user.Type: ApplicationFiled: May 13, 2016Publication date: November 16, 2017Inventors: Joseph Benjamin Castinado, James Gregory Ronca, Richard Huw Thomas
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Publication number: 20170243208Abstract: Systems, computer program products, and methods are described herein for a system for control of device identity and usage in a process data network. The present invention is configured to receive an indication that a user has executed a transaction using a mobile device; receive a request to validate mobile device identity; retrieve financial credentials from the mobile device; retrieve device information associated with the mobile device used in the execution of the transaction; determine whether the retrieved financial credentials and the device information meet a condition of the block chain; receive an indication that the retrieved financial credentials and the device information meet the condition of the block chain thereby validating the request; and allow the execution of the transaction to be completed based on at least receiving the indication that the retrieved financial credentials and the device information meet the condition of the block chain.Type: ApplicationFiled: February 22, 2016Publication date: August 24, 2017Inventors: Manu Jacob Kurian, Joseph Benjamin Castinado, Richard Huw Thomas
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Publication number: 20170244757Abstract: A closed-loop system is operatively connected with a block chain distributed network for using the block chain distributed network for facilitating operation of a transaction record sharing system between member institutions comprising a host system and a source system. Host and source institutions function to share the transaction records from member institutions such that a host institution that is a member of the block chain may obtain the transaction records of all source institutions of the block chain. The transaction records are validated on the block chain such that the transaction records are secure represent a source of truth.Type: ApplicationFiled: February 22, 2016Publication date: August 24, 2017Inventors: Joseph Benjamin Castinado, Richard Huw Thomas, Manu Jacob Kurian, Eric Eugene Sifford