System for self-generation of denominational resources
AssigneeBank of America Corporation
InventorsJon Robert Wolf, Charles R. Liu
Life of this patent
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Abstract
Embodiments of the invention are directed to systems, methods, and computer program products for self-generation of denominational resources. In this way, the system integrates functionality of computer terminals into use mobile devices for self-generation of digital resources for distribution and utilization by the recipient in the form of a token. In this way, the user may digitally extract resources for storage or transmission to a receiver. The digital resource will be treated as a physical resource and are removed from the user's resource account and held as pending.
Claims20
A system for self-generation of digital resources, the system comprising:
- a memory device with computer-readable program code stored thereon;
- a communication device;
- a printing device for printing the resource distribution documents;
- a processing device operatively coupled to the memory device and the communication device, wherein the processing device is configured to execute the computer-readable program code to:
- integrate within computer terminals, wherein the integration within the computer terminal allows for self-generation of digital resources and digital resource deployment by a user;
- authorize the user at the computer terminal for the self-generation of digital resources;
- require secondary authorization for user access to resource distribution accounts for the self-generation of digital resources and for digital resource deployment;
- receive a request from the user via the computer terminal for the self-generation of digital resources, wherein the request comprises a user selected physical denomination for digital resource deployment from one of the resource distribution accounts comprising physical denominations and a channel for the digital resource deployment;
- generate the digital resources in the denomination requested from the physical denominations of resources in the resource distribution accounts and code for the channel, wherein generating the digital resources further comprises tokenizing the digital resources for deployment;
- and
- allow user transmission of the digital resources to a receiving party.
A computer program product for self-generation of digital resources with at least one non-transitory computer-readable medium having computer-readable program code portions embodied therein, the computer-readable program code portions comprising:
- an executable portion configured for integrating within computer terminals, wherein the integration within the computer terminal allows for self-generation of digital resources and digital resource deployment by a user;
- an executable portion configured for authorizing the user at the computer terminal for the self-generation of digital resources;
- an executable portion configured for requiring secondary authorization for user access to resource distribution accounts for the self-generation of digital resources and for digital resource deployment;
- an executable portion configured for receiving a request from the user via the computer terminal for the self-generation of digital resources, wherein the request comprises a user selected physical denomination for digital resource deployment from one of the resource distribution accounts comprising physical denominations and a channel for the digital resource deployment;
- an executable portion configured for generating the digital resources in the denomination requested from the physical denominations of resources in the resource distribution accounts and code for the channel, wherein generating the digital resources further comprises tokenizing the digital resources for deployment;
- and
- an executable portion configured for allowing user transmission of the digital resources to a receiving party.
A computer-implemented method for self-generation of digital resources, the method comprising:
- providing a computing system comprising a computer processing device and a non-transitory computer readable medium, where the computer readable medium comprises configured computer program instruction code, such that when said instruction code is operated by said computer processing device, said computer processing device performs the following operations:
- integrating within computer terminals, wherein the integration within the computer terminal allows for self-generation of digital resources and digital resource deployment by a user;
- authorizing the user at the computer terminal for the self-generation of digital resources;
- requiring secondary authorization for user access to resource distribution accounts for the self-generation of digital resources and for digital resource deployment;
- receiving a request from the user via the computer terminal for the self-generation of digital resources, wherein the request comprises a user selected physical denomination for digital resource deployment from one of the resource distribution accounts comprising physical denominations and a channel for the digital resource deployment;
- generating the digital resources in the denomination requested from the physical denominations of resources in the resource distribution accounts and code for the channel, wherein generating the digital resources further comprises tokenizing the digital resources for deployment;
- and
- allowing user transmission of the digital resources to a receiving party.
Dependencies are inferred from the claim text.