ALEXANDRIA, Va., June 5 -- United States Patent no. 12,278,821, issued on April 15, was assigned to Bank of America Corp. (Charlotte, N.C.).

"Intelligent real time dynamic smart contract generation for secure processing of internet of things (IoT) device based events" was invented by Shailendra Singh (Maharashtra, India).

According to the abstract* released by the U.S. Patent & Trademark Office: "Aspects of the disclosure relate to computing hardware and software for IoT event processing. A computing platform may monitor communication between an initiating IoT device and a service provider IoT device to detect an event processing request. The computing platform may extract, from the event processing request, event features. The computing ...