End-to-end resource visibility and tracking system

Abstract

Embodiments of the invention are directed to a system, method, or computer program product for end-to-end resource visibility and tracking. In this way, an electronic tag is generated and distributed on a block chain network. The tag may identify a resource set and ultimately integrate with downstream systems for visualization of resource deposits and distributions within the bag. In this way, the invention provides a tool for a single source platform for tracking of status checks and digitized resource chain monitoring network. In this way, the invention creates a complete end-to-end digital fingerprint of physical resource tracking during a life cycle utilizing block chain technology with a distributed ledger to identify each touch point of the life cycle.

Description

CROSS-REFERENCE TO RELATED APPLICATIONS[0001]This application claims the benefit of U.S. Provisional Patent Application Ser. No. 62 / 751,138, filed Oct. 26, 2018 entitled “System for Resource Visibility,” the entirety of which is incorporated herein by reference.BACKGROUND[0002]Present conventional systems do not have the capability to allow a user to track resource distribution and deposits from conception through supply chain. Currently, manual sorting of resources is performed and portions of the resource supply chain are not visible. As such, there exists a need for a system to perform tagging and tracking of resource distribution and resource exchange through the supply chain.BRIEF SUMMARY[0003]The following presents a simplified summary of one or more embodiments of the invention in order to provide a basic understanding of such embodiments. This summary is not an extensive overview of all contemplated embodiments, and is intended to neither identify key or critical elements of...

AI Technical Summary

Benefits of technology

The resource visibility system is a system that allows users to create electronic deposit tickets from a mobile application and track the movement of their bags and cash supply. The system uses block chain technology to create a digital fingerprint of where physical currency is during its life cycle at the bag level, allowing for regulatory compliance and tracking of the bags. The invention provides standards that apply supply chain logistics and tools that entities and financial institutions may utilize without paper manifests or deposit tickets. Instead, the invention creates a tag, such as a bar code, QR code, RFID tag, or the like that can be scanned and reconciled against an electronic shipping manifest within a block chain network associated with the cash within a bag. The system may reconcile the distributed ledger at the end of each day. Overall, the resource visibility system provides a digitized resource or cash supply chain monitoring network, allowing for more efficient and transparent supply chain management.

Problems solved by technology

Present conventional systems do not have the capability to allow a user to track resource distribution and deposits from conception through supply chain.

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