Bifurcated non-fungible tokens as an authenticator

A system for using bifurcated non-fungible tokens to provide transaction approval, the system comprising:

• a blockchain stored on a hardware memory;
• a hardware processor, the hardware processor operable to:
• in a pre-approval stage:
• mint an identity block for each approver included in a plurality of approvers;
• upload the identity block, for each approver, to the blockchain;
• assign, to each approver, included in the plurality of approvers, a non-fungible token that uniquely identifies the approver;
• in an approval stage:
• receive a file for approval;
• label the file with a unique file identifier;
• identify a subset of approvers for approval of the file, the subset of approvers selected from the plurality of approvers;
• mint an approval block, the approval block comprising:
• an entry slot for each non-fungible token associated with each of the subset of approvers;
• and
• the unique file identifier;
• initiate an approval process by the subset of approvers;
• receive, from each approver, included in the subset of approvers, the non-fungible token that uniquely identifiers the approver;
• place each non-fungible token that uniquely identifies each approver in the entry slot;
• upload the approval block to a second blockchain;
• validate the approval block;
• and
• close the approval block.

A method for using bifurcated non-fungible tokens to provide approval, the method comprising:

• for each approver included in a plurality of approvers:
• minting an identity block for the approver;
• uploading the identity block to a blockchain;
• assigning, in response to the uploading, a non-fungible token that uniquely identifies the approver;
• receiving a file for approval by a transaction approval processor;
• labeling the file with a unique file identifier;
• identifying a subset of approvers for approval, by the transaction approval processor, of the file;
• minting an approval block, the approval block comprising:
• an entry slot for each non-fungible token associated with each of the subset of approvers;
• and
• the unique file identifier;
• initiating an approval process by the subset of approvers;
• receiving, from each approver, included in the subset of approvers, the non-fungible token that uniquely identifies the approver;
• placing each non-fungible token that uniquely identifies each approver in the entry slot;
• upon receipt of the non-fungible token from all of the approvers in the subset of approvers, uploading the approval block to the blockchain;
• validating the approval block;
• and
• closing the approval block.

A system for using bifurcated non-fungible tokens to provide approval, the system comprising:

• a blockchain stored on a hardware memory;
• a hardware processor, the hardware processor operable to:
• in a pre-approval stage:
• mint an identity block for each approver included in a plurality of approvers;
• upload the identity block, for each approver, to the blockchain;
• assign, to each approver, included in the plurality of approvers, a non-fungible token that uniquely identifies the approver;
• in an approval stage:
• receive a file for approval;
• label the file with a unique file identifier;
• identify a subset of approvers for approval of the file;
• mint an approval block, the approval block comprising:
• an entry slot for each non-fungible token associated with each of the subset of approvers;
• and
• the unique file identifier;
• initiate an approval process by the subset of approvers;
• receive, from each approver, included in the subset of approvers, the non-fungible token that uniquely identifiers the approver;
• place each non-fungible token that uniquely identifies each approver in the entry slot;
• upload the approval block to the blockchain;
• validate the approval block;
• and
• close the approval block.