US Patent Issued on June 17 for "Systems and methods for verifying asset management performance" (New York Inventor)

ALEXANDRIA, Va., June 19 -- United States Patent no. 12,333,608, issued on June 17.

"Systems and methods for verifying asset management performance" was invented by Sergio Amaral (Chappaqua, N.Y.).

According to the abstract* released by the U.S. Patent & Trademark Office: "This disclosure relates to systems and methods for verifying asset management performance. The method involves algorithmically obtaining key data, such as a name identifier, portfolio identifier, research data, type, and a file containing portfolio details. This data is encrypted, and the file is hashed using a hashing algorithm to create a unique file hash. The method then creates an entry in a distributed ledger that includes the file hash at a specific time. Later, t...