Patent ID: 11902443
Assignee: BANK OF AMERICA CORPORATION
Field: IT methods for management (Electrical engineering)
Classification: CPC G  H | IPC G  H

Claim 7:
8. The system of claim 1, wherein the at least one processing device is further configured to:
receive, from the computing device of the second user, a second request to transfer ownership of the resource to a third user and a fourth user;
receive, from the computing device of the second user, an ownership allocation percentage to the third user and an ownership allocation percentage to the fourth user;
initiate an NFT generator on the resource based on at least receiving the second request;
generate, using the NFT generator, a third NFT for the resource for the third user and a fourth NFT for the resource for the fourth user;
record the third NFT on the distributed ledger;
transmit control signals configured to cause the computing device of the second user and a computing device of the third user to display a notification indicating the recording of the third NFT;
record the fourth NFT on the distributed ledger; and
transmit control signals configured to cause the computing device of the second user and a computing device of the fourth user to display a notification indicating the recording of the fourth NFT.