Patent ID: 11949795
Assignee: BANK OF AMERICA CORPORATION
Field: Digital communication (Electrical engineering)
Classification: CPC H | IPC H

Claim 10:
11. A method for tracking resources using non-fungible tokens, the method comprising:
electronically receive, over a distributed computing network from a computing device of a user, a request for a non-fungible token (NFT) for a resource, wherein the resource is a physical object;
initiating a non-fungible token (NFT) generator on the resource in response to receiving the request;
generating a unique digital signature for the resource, wherein generating the unique signature further comprises:
generating, using a resource scanner, a high resolution three-dimensional image of the resource; and
identifying one or more features of the resource from the high resolution three-dimensional image of the resource;

generating, using the NFT generator, the NFT, wherein the NFT comprises at least the unique digital signature for the resources;
determining a physical condition of the resource using the one or more features;
generating, using the NFT generator, a first metadata layer associated with the NFT for the resource; and
storing the physical condition of the resource in the first metadata layer; and
recording the NFT for the resource on a distributed ledger.