This system helps validate data across a network of computers, especially when different organizations operate parts of that network. It uses a special 'screening node' to retrieve reference data, such as blocklists, from a shared database. This data is then converted into small programs that other computers in the network can execute. The claims specifically describe using these blocklists to check 'resource transfers' (like financial transactions) against users or recipients, then connecting to existing 'legacy systems' via an API to either block or allow the transfer based on the blocklist check.
Why it matters: Filed before the full maturation of enterprise-grade distributed ledger technologies and serverless computing simplified deploying and managing such distributed validation systems. The growing volume of digital transactions and heightened regulatory scrutiny on fraud and compliance since 2019 makes real-time, distributed blocklist validation more critical and achievable.
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