UTILIZING BLOCKCHAIN-ENCODED RECORDS FOR RIVED LONGEVITY-CONTINGENT INSTRUMENTS

摘要

A method executed by a computing device includes verifying authenticity of a blockchain-encoded record representing a longevity-contingent instrument of a set of longevity-contingent instruments to produce a verified blockchain-encoded record. When the longevity-contingent instrument is associated with an available and unfulfilled benefit status, the method further includes determining fulfillment information for the longevity-contingent instrument. The fulfillment information includes a benefit payout. The method further includes verifying authenticity of an asset blockchain-encoded record representing sub-assets and verifying authenticity of a liability blockchain-encoded record representing sub-liabilities. The method further includes facilitating exclusion of the longevity-contingent instrument from the set of longevity-contingent instruments to produce updated sub-assets and updated sub-liabilities. The method further includes updating the asset blockchain-encoded record to represent the updated sub-assets and updating the liability blockchain-encoded record to represent the updated sub-liabilities.