Computer system and method for programmatic collateralization services

A system for performing a collateralized loan transaction, comprising:

• a first server including a first hardware processor and configured to:
• receive an electronic document comprising a digital representation of an illiquid asset, the digital representation identifying a financial interest in the illiquid asset by a borrower;
• hash the digital representation of he illiquid asset to generate a first hash value;
• record the first hash value on a first blockchain;
• store the digital representation of the illiquid asset at a first memory location;
• generate an asset-information table that associates a location of the first hash value on the first blockchain with the first memory location;
• receive an asset-valuation data concerning the illiquid asset;
• store the asset-valuation data at a second memory location;
• hash the asset-valuation data to generate a second hash value;
• record the second hash value on the first blockchain;
• and
• update the asset-information table to associate a location of the second hash value on the first blockchain with the second memory location;
• and
• a second server, communicatively coupled to the first server, the second server including a second hardware processor and configured to:
• generate an asset-value token comprising an association with the updated asset-information table;
• record the asset-value token on a second blockchain;
• determine an amount of digital currency for an automated digital transaction based on a programmed set of rules using the asset-value as a parameter;
• generate a data structure comprising a self-executing digital program for performing the automated digital transaction, the data structure including the asset-value token;
• and
• record the data structure on the second blockchain,
• wherein the automated digital transaction involves loaning the amount of digital currency at a rate of interest determined using the programmed set of rules, and wherein the illiquid asset, via the asset-value token, constitutes a collateral for the amount of digital currency being loaned.

An automated method of collateralizing an illiquid asset, the method comprising the steps of:

• hashing, by a first server, a received digital representation of the illiquid asset to generate a first hash value, the digital representation identifying a financial interest in the illiquid asset by a borrower;
• recording, by the first server, the first hash value on a first blockchain;
• storing, by the first server, the digital representation of the illiquid asset at a first memory location;
• generating, by the first server, an asset-information table that associates the first hash value on the first blockchain with the first memory location;
• receiving, by the first server, an asset-valuation data;
• storing, by the first server, the asset-valuation data at a second memory location;
• hashing, by the first server, the asset-valuation data, to generate a second hash value;
• recording, by the first server, the second hash value on the first blockchain;
• updating, by the first server, the asset-information table to associate the second hash value with the second memory location;
• generating, by a second server, an asset-value token comprising an association with the updated asset-information table;
• recording, by the second server, the asset-value token on a second blockchain;
• determining, by the second server, an amount of digital currency for an automated digital transaction based on a programmed set of rules using the asset-value as a parameter;
• generating, by the second server, a data structure comprising a self-executing digital program for performing the automated digital transaction, the data structure including the asset-value token;
• and
• recording the data structure on the second blockchain;
• wherein the automated digital transaction involves loaning the amount of digital currency at a rate of interest determined using the programmed set of rules, and wherein the illiquid asset, via the asset-value token, constitutes a collateral for the amount of digital currency being loaned.