US Patent Issued to AMERICAN EXPRESS TRAVEL RELATED SERVICES on Feb. 11 for "Transaction account data maintenance using blockchain" (American, Indian Inventors)

ALEXANDRIA, Va., Feb. 12 -- United States Patent no. 12,223,500, issued on Feb. 11, was assigned to AMERICAN EXPRESS TRAVEL RELATED SERVICES COMPANY INC. (New York).

"Transaction account data maintenance using blockchain" was invented by Faraz Babar (Paradise Valley, Ariz.), Aimee Cardwell (Plymouth, Mass.), Andras L. Ferenczi (Peoria, Ariz.), Dallas Gale (Scottsdale, Ariz.), Nilesh Yashavant Jadhav (Phoenix), Ashish Kumar (Bangalore, India), Harish R. Naik (Phoenix) and Lavanya Venkatanarayanan (Phoenix).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods for the maintenance of merchant-stored transaction account data are disclosed. The system may include various merchant systems and issuer sy...