US Patent Issued to Bank of America on Aug. 5 for "System and method for secured data transmission using LiFi and holochain network" (Indian Inventors)

ALEXANDRIA, Va., Aug. 6 -- United States Patent no. 12,381,626, issued on Aug. 5, was assigned to Bank of America Corp. (Charlotte, N.C.).

"System and method for secured data transmission using LiFi and holochain network" was invented by Raja Arumugam Maharaja (Chennai, India) and Ankit Singh Negi (Gurugram, India).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system for implementing a secured data transmission includes a sending device and a light fidelity (LiFi) device. The sending device determines that a subset of data is confidential based on historical indications. The device encrypts the subset of data. The device receives a message that indicates that a user of a second device initiated a request t...