US Patent Issued to Bank of America on April 22 for "Artificial intelligence (AI)-based blockchain management" (Indian Inventors)

ALEXANDRIA, Va., June 6 -- United States Patent no. 12,282,865, issued on April 22, was assigned to Bank of America Corp. (Charlotte, N.C.).

"Artificial intelligence (AI)-based blockchain management" was invented by Jigesh Rajendra Safary (Mumbai, India) and Krishna Rangarao Mamadapur (Pune, India).

According to the abstract* released by the U.S. Patent & Trademark Office: "Aspects of this disclosure relate to artificial intelligence (AI)-assisted creation of a blockchain by a decentralized network. Various aspects of this disclosure relate to AI-based determination of blockchain parameters for use in workflow management processes. However, the AI-based approaches described herein are applicable for any blockchain-based procedures. Blockc...