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

Claim 0:
1. A system for linking and partitioning non-fungible tokens, 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:
receive, from a computing device of a first user, a first request to transfer ownership of a resource from a first user to a second user, wherein the resource is a physical object;
retrieve, from the computing device of the first user, a first non-fungible token (NFT) for the resource, wherein the first NFT comprises at least an initial value of the resource;
determine, using an NFT valuation engine, a first value of the first NFT, wherein the first value of the first NFT is based on at least the initial value of the resource and a quantifiable measure of ownership of the resource by the first user;
initiate an NFT generator on the resource based on at least receiving the first request;
generate, using the NFT generator, a second NFT for the resource, wherein the second NFT comprises at least an indication of transfer of ownership of the resource from the first user to the second user and the first value of the first NFT;
record the second NFT on a distributed ledger; and
transmit control signals configured to cause the computing device of the first user and a computing device of the second user to display a notification indicating the recording.