US-20260128883-A1 - PROCESSING A CONTINGENT ACTION TOKEN SECURELY

Abstract

A method executed by a computing device includes selecting a contingency-action token (CAT) of an object distributed ledger that meets minimum CAT requirements. The method further includes determining to select the CAT based on an evaluation of the CAT with regards to an evaluation profile. When selecting the CAT, the method further includes facilitating taking control of the selected CAT of a blockchain of the object distributed ledger using a securely passing process and updating the selected CAT utilizing the secure exchange posting information for the CAT to produce an updated CAT. The method further includes causing, using the securely passing process, generation of a new block affiliated with the updated CAT via another blockchain of another object distributed ledger for a secure exchange, where the new block includes the updated CAT.

Inventors

• Gary W. Grube

Assignees

• 2BC INNOVATIONS, LLC

Dates

Publication Date

20260507

Application Date

20251229

Claims (6)

1. 1 . A computer-implemented security method of using a computing system, the method comprises: determining, by a computing device of the computing system, a calculated cryptographic token value of a contingency-action token (CAT) of an object distributed ledger, wherein the CAT includes one of a non-fungible token (NFT) and another token linked to the NFT by the object distributed ledger when the CAT is not the NFT; determining, by the computing device, that a recovered cryptographic token value of the CAT matches the calculated cryptographic token value of the CAT; determining, by the computing device, that an obligation provider identifier record of the CAT includes an original obligation provider identifier (ID) of the CAT when the CAT was initially generated and a timeframe-specific obligation provider ID, wherein the timeframe-specific obligation provider ID is valid for a specific timeframe, wherein the obligation provider identifier is associated with providing of an obligation tied to an obligation recipient identifier in accordance with obligation requirements, wherein a positive obligation status indicates that the obligation has historically been provided in accordance with the obligation requirements; determining, by the computing device, that an outcome recipient identifier record of the CAT includes an original outcome recipient identifier of the CAT when the CAT was initially generated and a timeframe-specific outcome recipient ID, wherein the timeframe-specific outcome recipient ID is valid for the specific timeframe, wherein the outcome recipient identifier is associated with a result of a triggered outcome tied to an outcome provider identifier in accordance with contingent outcome rules and the positive obligation status, wherein a contingency status indicates whether the triggered outcome has been triggered for a contingency entity identifier in accordance with the contingent outcome rules; determining, by the computing device, that an availability record of the CAT includes an availability status of the CAT for a longevity-contingent instrument, wherein the availability status indicates available for life insurance equity utilization; determining, by the computing device, an evaluation profile to include a required evaluation performance improvement level; comparing, by the computing device, the providing of the obligation associated with the obligation provider identifier to providing of the obligation associated with a hypothetical obligation provider identifier in accordance with the evaluation profile to produce an obligation evaluation; comparing, by the computing device, an estimated trigger outcome when the providing of the obligation is associated with the obligation provider identifier to a hypothetical estimated trigger outcome when the providing of the obligation is associated with the hypothetical obligation provider identifier in accordance with the evaluation profile to produce an outcome evaluation; determining, by the computing device, to select the CAT to produce a selected CAT for inclusion on a secure exchange when the obligation evaluation and the outcome evaluation satisfies the required evaluation performance improvement level of the CAT; obtaining, by the computing device, a copy of the object distributed ledger; hashing, by the computing device, content of the selected CAT utilizing a receiving public key of the object distributed ledger to produce a next transaction hash value; encrypting, by the computing device, the next transaction hash value utilizing a private key of the computing device to produce a next transaction signature; generating, by the computing device, a next block of a blockchain of the object distributed ledger to include the content of the selected CAT and the next transaction signature; causing, by the computing device, inclusion of the next block in the object distributed ledger; updating, by the computing device, the selected CAT utilizing secure exchange posting information associated with the secure exchange for the selected CAT to produce an updated CAT; obtaining, by the computing device, a copy of a second object distributed ledger associated with the secure exchange; hashing, by the computing device, content of the updated CAT utilizing a receiving public key of the second object distributed ledger to produce a second next transaction hash value; encrypting, by the computing device, the second next transaction hash value utilizing the private key of the computing device to produce a second next transaction signature; generating, by the computing device, a second next block of a second blockchain of the second object distributed ledger to include the content of the updated CAT and the second next transaction signature; and causing, by the computing device, inclusion of the second next block as a new block in the second object distributed ledger associated with the secure exchange.
2. 2 . The method of claim 1 , wherein the updating the selected CAT utilizing the secure exchange posting information for the CAT to produce the updated CAT comprises: obtaining the selected CAT; and replacing corresponding elements of the selected CAT with at least a portion of the secure exchange posting information to produce the updated CAT.
3. 3 . A computing device of a computing system, the computing device comprises: an interface; a local memory; and a processing module operably coupled to the interface and the local memory, wherein the processing module executes operational instructions stored in the local memory and functions to: determine a calculated cryptographic token value of a contingency-action token (CAT) of an object distributed ledger, wherein the CAT includes one of a non-fungible token (NFT) and another token linked to the NFT by the object distributed ledger when the CAT is not the NFT; determine that a recovered cryptographic token value of the CAT matches the calculated cryptographic token value of the CAT; determine that an obligation provider identifier record of the CAT includes an original obligation provider identifier (ID) of the CAT when the CAT was initially generated and a timeframe-specific obligation provider ID, wherein the timeframe-specific obligation provider ID is valid for a specific timeframe, wherein the obligation provider identifier is associated with providing of an obligation tied to an obligation recipient identifier in accordance with obligation requirements, wherein a positive obligation status indicates that the obligation has historically been provided in accordance with the obligation requirements; determine that an outcome recipient identifier record of the CAT includes an original outcome recipient identifier of the CAT when the CAT was initially generated and a timeframe-specific outcome recipient ID, wherein the timeframe-specific outcome recipient ID is valid for the specific timeframe, wherein the outcome recipient identifier is associated with a result of a triggered outcome tied to an outcome provider identifier in accordance with contingent outcome rules and the positive obligation status, wherein a contingency status indicates whether the triggered outcome has been triggered for a contingency entity identifier in accordance with the contingent outcome rules; determine that an availability record of the CAT includes an availability status of the CAT for a longevity-contingent instrument, wherein the availability status indicates available for life insurance equity utilization; determine an evaluation profile to include a required evaluation performance improvement level; compare the providing of the obligation associated with the obligation provider identifier to providing of the obligation associated with a hypothetical obligation provider identifier in accordance with the evaluation profile to produce an obligation evaluation; compare an estimated trigger outcome when the providing of the obligation is associated with the obligation provider identifier to a hypothetical estimated trigger outcome when the providing of the obligation is associated with the hypothetical obligation provider identifier in accordance with the evaluation profile to produce an outcome evaluation; determine to select the CAT to produce a selected CAT for inclusion on a secure exchange when the obligation evaluation and the outcome evaluation satisfies the required evaluation performance improvement level of the CAT; obtain, via the interface, a copy of the object distributed ledger; hash content of the selected CAT utilizing a receiving public key of the object distributed ledger to produce a next transaction hash value; encrypt the next transaction hash value utilizing a private key of the computing device to produce a next transaction signature; generate a next block of a blockchain of the object distributed ledger to include the content of the selected CAT and the next transaction signature; cause, via the interface, inclusion of the next block in the object distributed ledger; update the selected CAT utilizing secure exchange posting information associated with the secure exchange for the selected CAT to produce an updated CAT; obtain, via the interface, a copy of a second object distributed ledger associated with the secure exchange; hash content of the updated CAT utilizing a receiving public key of the second object distributed ledger to produce a second next transaction hash value; encrypt the second next transaction hash value utilizing the private key of the computing device to produce a second next transaction signature; generate a second next block of a second blockchain of the second object distributed ledger to include the content of the updated CAT and the second next transaction signature; and cause, via the interface, inclusion of the second next block as a new block in the second object distributed ledger associated with the secure exchange.
4. 4 . The computing device of claim 3 , wherein the processing module functions to update the selected CAT utilizing the secure exchange posting information for the CAT to produce the updated CAT by: obtaining, via the interface, the selected CAT; and replacing corresponding elements of the selected CAT with at least a portion of the secure exchange posting information to produce the updated CAT.
5. 5 . A non-transitory computer readable memory comprises: a first memory element that stores operational instructions that, when executed by a processing module of a computing device of a computing system, causes the processing module to: determine a calculated cryptographic token value of a contingency-action token (CAT) of an object distributed ledger, wherein the CAT includes one of a non-fungible token (NFT) and another token linked to the NFT by the object distributed ledger when the CAT is not the NFT; determine that a recovered cryptographic token value of the CAT matches the calculated cryptographic token value of the CAT; determine that an obligation provider identifier record of the CAT includes an original obligation provider identifier (ID) of the CAT when the CAT was initially generated and a timeframe-specific obligation provider ID, wherein the timeframe-specific obligation provider ID is valid for a specific timeframe, wherein the obligation provider identifier is associated with providing of an obligation tied to an obligation recipient identifier in accordance with obligation requirements, wherein a positive obligation status indicates that the obligation has historically been provided in accordance with the obligation requirements; determine that an outcome recipient identifier record of the CAT includes an original outcome recipient identifier of the CAT when the CAT was initially generated and a timeframe-specific outcome recipient ID, wherein the timeframe-specific outcome recipient ID is valid for the specific timeframe, wherein the outcome recipient identifier is associated with a result of a triggered outcome tied to an outcome provider identifier in accordance with contingent outcome rules and the positive obligation status, wherein a contingency status indicates whether the triggered outcome has been triggered for a contingency entity identifier in accordance with the contingent outcome rules; and determine that an availability record of the CAT includes an availability status of the CAT for a longevity-contingent instrument, wherein the availability status indicates available for life insurance equity utilization; second memory element that stores operational instructions that, when executed by the processing module, causes the processing module to: determine an evaluation profile to include a required evaluation performance improvement level; compare the providing of the obligation associated with the obligation provider identifier to providing of the obligation associated with a hypothetical obligation provider identifier in accordance with the evaluation profile to produce an obligation evaluation; compare an estimated trigger outcome when the providing of the obligation is associated with the obligation provider identifier to a hypothetical estimated trigger outcome when the providing of the obligation is associated with the hypothetical obligation provider identifier in accordance with the evaluation profile to produce an outcome evaluation; and determine to select the CAT to produce a selected CAT for inclusion on a secure exchange when the obligation evaluation and the outcome evaluation satisfies the required evaluation performance improvement level of the CAT; and third memory element that stores operational instructions that, when executed by the processing module, causes the processing module to: obtain a copy of the object distributed ledger; hash content of the selected CAT utilizing a receiving public key of the object distributed ledger to produce a next transaction hash value; encrypt the next transaction hash value utilizing a private key of the computing device to produce a next transaction signature; generate a next block of a blockchain of the object distributed ledger to include the content of the selected CAT and the next transaction signature; cause inclusion of the next block in the object distributed ledger; update the selected CAT utilizing secure exchange posting information associated with the secure exchange for the selected CAT to produce an updated CAT; obtain a copy of a second object distributed ledger associated with the secure exchange; hash content of the updated CAT utilizing a receiving public key of the second object distributed ledger to produce a second next transaction hash value; encrypt the second next transaction hash value utilizing the private key of the computing device to produce a second next transaction signature; generate a second next block of a second blockchain of the second object distributed ledger to include the content of the updated CAT and the second next transaction signature; and cause inclusion of the second next block as a new block in the second object distributed ledger associated with the secure exchange.
6. 6 . The non-transitory computer readable memory of claim 5 , wherein the processing module functions to execute the operational instructions stored by the third memory element to cause the processing module to update the selected CAT utilizing the secure exchange posting information for the CAT to produce the updated CAT by: obtaining the selected CAT; and replacing corresponding elements of the selected CAT with at least a portion of the secure exchange posting information to produce the updated CAT.

Description

CROSS REFERENCE TO RELATED PATENTS The present U.S. Utility Patent Application claims priority pursuant to 35 U.S.C. § 120 as a continuation of U.S. Utility Application No. Ser. No. 18/388,818 entitled “PROCESSING A CONTINGENT ACTION TOKEN SECURELY”, filed Nov. 11, 2023, issuing as U.S. Pat. No. 12,512,988 on Dec. 30, 2025, which claims priority pursuant to 35 U.S.C. § 119(e) to U.S. Provisional Application No. 63/425,629, entitled “PROCESSING A CONTINGENT ACTION TOKEN SECURELY,” filed Nov. 15, 2022, expired, all of which are hereby incorporated herein by reference in their entirety and made part of the present U.S. Utility Patent Application for all purposes. STATEMENT REGARDING FEDERALLY SPONSORED RESEARCH OR DEVELOPMENT Not Applicable. INCORPORATION-BY-REFERENCE OF MATERIAL SUBMITTED ON A COMPACT DISC Not Applicable. BACKGROUND OF THE INVENTION Technical Field of the Invention This invention relates generally to security aspects of communication systems and more particularly to security approaches to support digital asset representation reconfiguration and reassignment within the communication system. Description of Related Art Communication systems are known to communicate data between communication devices of the communication system. The data may be communicated in one or more of an unaltered form (e.g., raw data from a first communication device), in an altered form to provide enhanced transmission reliability (e.g., error encoded), in an altered form to provide enhanced security of access (e.g., credentialed access, encryption), and in an altered form to enhance communication resource utilization (e.g., compression). The data may represent a wide variety of data types including one or more of video, audio, text, graphics, and images. Text data is widely known to represent text character documentation, financial documents of numerical nature, and/or a combination thereof. Global enterprise operations are increasingly utilizing communication systems to communicate representations of financial affairs. Financial documents associated with the financial affairs may include advertisements, solicitations, asset pricing information, purchase orders, invoices, payment transactions, asset distribution information, complex settlement information, financing information, financial market information, asset titling information, transaction guarantee information, global finance trend analysis information, and other information associated with the increasingly complex world of electronic commerce. The global velocity of data communication and massive volume of data representing financial documents is ever-increasing and as a result it is a growing challenge to communicate, manipulate, and enhance the data related to financial affairs. Such challenges include refreshing an asset base of the financial system (e.g., including detecting growing issues with regards to desired funding levels of the financial system), unlocking untapped asset value (e.g., conversion of one asset type to another), and rapidly retitling new or re-spun assets (e.g., assigning new assets, reassigning converted assets). BRIEF DESCRIPTION OF THE SEVERAL VIEWS OF THE DRAWING(S) FIG. 1 is a schematic block diagram of an embodiment of a communication system in accordance with the present invention; FIG. 2 is a schematic block diagram of an embodiment of a device of a communication system in accordance with the present invention; FIG. 3 is a schematic block diagram of an embodiment of a server of a communication system in accordance with the present invention; FIGS. 4A-4E are schematic block diagrams of another embodiment of a communication system illustrating an embodiment of a method for servicing a plurality of rived longevity-contingent instruments within a computing system in accordance with the present invention; FIGS. 5A-5E are schematic block diagrams of another embodiment of a communication system illustrating an embodiment of a method for riving longevity-contingent instruments within a computing system in accordance with the present invention; FIGS. 6A-6E are schematic block diagrams of another embodiment of a communication system illustrating an embodiment of a method for generating a portfolio of blockchain-encoded rived longevity-contingent instruments within a computing system in accordance with the present invention; FIGS. 7A-7C are schematic block diagrams of another embodiment of a communication system illustrating an embodiment of a method for utilizing a portfolio of blockchain-encoded rived longevity-contingent instruments within a computing system in accordance with the present invention; FIGS. 8A-8D are schematic block diagrams of another embodiment of a communication system illustrating an embodiment of a method for updating a portfolio of blockchain-encoded rived longevity-contingent instruments within a computing system in accordance with the present invention; FIGS. 9A-9C are schematic block diagrams of another embodiment