System For Routing Of Process Authorizations And Settlement To A User In A Process Data Network

  • Published: Aug 24, 2017
  • Earliest Priority: Feb 22 2016
  • Family: 1
  • Cited Works: 0
  • Cited by: 9
  • Cites: 1
  • Additional Info: Full text

Embodiments of the present invention are directed to routing process authorizations to determine an appropriate legal entity name when an alternate entity name is provided. The system stores alternate entity names in a private or semi-private block chain distributed network, where a block chain ledger keeps an ongoing record of the alternate entity names and their associated legal entity name. When an authorization request is received that does not include a known legal entity name, the system will match the listed entity name with one of the stored alternate entity names, and thereby determine the legal entity name that should be associated with the authorization request.

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Document History
  • Publication: Aug 24, 2017
  • Application: Feb 22, 2016
    US US 201615050372 A
  • Priority: Feb 22, 2016
    US US 201615050372 A

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