Method, system and computer program product for collateralizing non-fungible tokens

A system of electronically processing comprising electronically creating at least one electronic nonfungible token (NFT) with electronically computed estimated value, the system comprising:

• at least one electronic computer processor of at least one private electronic computer private blockchain, coupled to at least one electronic memory storage device and coupled via at least one electronic communications interface, coupled to at least one electronic data communications network, the system comprising wherein said at least one electronic computer processor is configured to:
• electronically receive at least two electronic requests to at least one of electronically validate, electronically authorize, or electronically authenticate, at least one electronic device of a plurality of members and at least one electronic purchase reporting request from at least one electronic buyer party device and at least one electronic financing request from at least one electronic supplier party device, wherein at least both of said first and said second of said at least one electronic device of the plurality of members are engaged in at least one electronic trade transaction over the at least one electronic data communications network;
• electronically determine if the at least one electronic request from the buyer party device of a buyer and at least one electronic request from a seller party device of a seller are electronically validated, electronically authorized, and electronically authenticated, and if so, perform a plurality of processing instructions comprising at least one or more of configuring the at least one electronic computer processor to be configured to:
• electronically create the at least one electronic nonfungible token (NFT) with electronically computed estimated value on the at least one electronic purchase reporting request and an initial electronic data state;
• electronically save and electronically mint the at least one electronic nonfungible token (NFT), and electronically assign an initial electronic NFT value and initial electronic data state;
• electronically compute at least the electronically estimated value based on the at least one electronic purchase reporting request,
• electronically compute at least one or more of electronic data indicative of an estimated tariff at least one or more of:
• tax, or
• other fees;
• electronically update at least one electronic database (DB) of the at least one nonfungible token (NFT), the at least one electronic NFT, and the initial electronic NFT value with an updated electronic NFT value and an updated electronic data state;
• electronically determine if electronic financing is requested, and
• if electronic financing is electronically determined to be electronically requested, then electronically configure to electronically perform:
• a) electronically post an electronic NFT proxy to a second electronic blockchain public limited access electronic NFT electronic repository,
• b) electronically notify at least one electronic device of involved parties of electronic financing options, and
• c) electronically notify the at least one electronic device of the at least one or more of:
• FinTech,
• DeFi, or
• decentralized Lenders;
• or
• if electronic financing is electronically determined to be not electronically requested, then electronically notify the at least one electronic device of the at least one or more of:
• FinTech,
• DeFi, or
• decentralized Lenders.

A computer program product embodied on an electronic computer accessible nontransitory storage medium, including at least one electronic instruction, which when executed on at least one electronic computer processor of at least one private electronic computer private blockchain system performs a method of electronically processing comprising electronically creating at least one nonfungible token (NFT) with electronically computed estimated value comprising:

• electronically receiving at least two electronic requests to at least one of electronically validate, electronically authorize, or electronically authenticate, at least one electronic device of a plurality of members and at least one electronic purchase reporting request from at least one electronic buyer party device and one electronic financing request from at least one electronic supplier party device over the at least one electronic data communications network;
• electronically determining if the at least one electronic request from said at least one electronic buyer party device of a buyer and at least one electronic request from said at least one electronic seller party device of a seller are electronically validated, electronically authorized, and electronically authenticated, and if so, electronically performing a plurality of electronic processing instructions comprising at least one or more of:
• electronically creating the at least one electronic nonfungible token (NFT) with electronically computed estimated value on the at least one electronic purchase reporting request and an initial electronic data state;
• electronically saving and electronically minting the at least one electronic nonfungible token (NFT) as at least one electronic non-fungible token (NFT), and assigning, by the at least one electronic computer processor, an initial electronic NFT value and an initial electronic data state;
• electronically computing at least the electronically estimated value on the at least one electronic purchase reporting request,
• electronically computing at least one or more of electronic data indicative of an estimated tariff and at least one or more of:
• taxes, or
• other fees;
• electronically updating at least one electronic database (DB) of the at least one electronic nonfungible token (NFT), the at least one electronic NFT, and the initial electronic NFT value with an updated electronic NFT value and an updated electronic data state;
• electronically determining if electronic financing is electronically requested, and
• if electronic financing is electronically determined to be electronically requested, then electronically performing:
• a) electronically posting an electronic NFT proxy to a second electronic blockchain public limited access electronic NFT electronic repository,
• b) electronically notifying involved parties of financing options, and
• c) electronically notifying at least one electronic device of at least one or more of:
• FinTech,
• DeFi, or
• decentralized Lenders;
• or
• if electronic financing is not requested then electronically notifying the at least one electronic device of the at least one or more of:
• FinTech,
• DeFi, or
• decentralized Lenders.