Patent ID: 11907934
Assignee: WELLS FARGO BANK, N.A.
Field: IT methods for management (Electrical engineering)
Classification: CPC G | IPC G

Claim 10:
11. A method for electronic wallet application to electronic wallet application lending, the method comprising:
at a first computing device, using a hardware processor of the first computing device to execute a first mobile wallet application, the first mobile wallet application causing the hardware processor of the first computing device to perform operations comprising:
sending a broadcast discovery message over a packet-based computer network;
receiving, over the packet-based computer network, a response from a second electronic wallet application executing on a second computing device;
sending a loan request message requesting a loan to the second computing device;
receiving a loan response message from a third computing device executing a third electronic wallet application, the loan response message including a plurality of terms;
broadcasting at least one of the plurality of terms of the loan to record the terms of the loan in a block of a distributed blockchain data structure; and
receiving funds of the loan from the third computing device; and

at the second computing device, using a hardware processor of the second computing device to execute a second mobile wallet application, the second mobile wallet application causing the hardware processor of the second computing device to perform operations comprising:
receiving the broadcast discovery message from the first computing device;
sending the response to the first computing device;
receiving the loan request message from the first computing device; and
forwarding the loan request message to the third computing device; and

at the third computing device, using a hardware processor of the third computing device to execute a third mobile wallet application, the third mobile wallet application causing the hardware processor of the third computing device to perform operations comprising:
receiving the loan request message from the second computing device;
making a determination to provide the loan;
responsive to making the determination to provide the loan, sending the loan response message indicating an agreement to fund the loan and including the plurality of terms; and
responsive to the first computing device broadcasting the at least one of the plurality of terms of the loan, sending the funds of the loan to the first computing device.