System and method for the validation of electronic data transfers in a distributed network via self-directed image data

A computer program product for validation of electronic data transfers in a distributed network via self-directed image data, the computer program product comprising a non-transitory computer-readable medium comprising code causing an apparatus to:

• receive, using a first endpoint device, a first request for a transfer of electronic data from a first repository associated with a first user to a second repository associated with a second user, wherein the first request comprises an amount of the transfer of the electronic data and details of the second repository associated with the second user;
• transfer the electronic data from the first repository to an intermediary;
• generate and apply a first identifier to the electronic data;
• collect, a geolocation of a second endpoint device, wherein the second endpoint device is associated with the second repository, and wherein the geolocation is collected by a global positioning unit of the second endpoint device;
• transmit the geolocation of the second endpoint device and a request for a verification of the geolocation of the second endpoint device to the first endpoint device;
• receive, using the first endpoint device, the verification of the geolocation of the second endpoint device;
• generate and apply, as a result of the verification of the geolocation of the second endpoint device, a second identifier to the electronic data;
• transmit control signals to the second endpoint device to prompt collection of self-directed image data;
• collect, using the second endpoint device, the self-directed image data, wherein the self-directed image data comprises a timestamp;
• and
• store, temporarily, the self-directed image data in a database.

A method for validation of electronic data transfers in a distributed network via self-directed image data, the method comprising:

• receiving, using a first endpoint device, a first request for a transfer of electronic data from a first repository associated with a first user to a second repository associated with a second user, wherein the first request comprises an amount of the transfer of the electronic data and details of the second repository associated with the second user;
• transferring the electronic data from the first repository to an intermediary;
• generate and apply a first identifier to the electronic data;
• collecting, a geolocation of a second endpoint device, wherein the second endpoint device is associated with the second repository, and wherein the geolocation is collected by a global positioning unit of the second endpoint device;
• transmitting the geolocation of the second endpoint device and a request for a verification of the geolocation of the second endpoint device to the first endpoint device;
• receiving, using the first endpoint device, the verification of the geolocation of the second endpoint device;
• generating and applying, as a result of the verification of the geolocation of the second endpoint device, a second identifier to the electronic data;
• transmitting control signals to the second endpoint device to prompt collection of self-directed image data;
• collecting, using the second endpoint device, the self-directed image data, wherein the self-directed image data comprises a timestamp;
• and
• storing, temporarily, the self-directed image data in a database.