US Patent Issued to Bank of America on Dec. 23 for "Electronic system for authenticating permissions between interconnected resources" (North Carolina, New Jersey, Texas Inventors)

ALEXANDRIA, Va., Dec. 23 -- United States Patent no. 12,504,970, issued on Dec. 23, was assigned to Bank of America Corp. (Charlotte, N.C.).

"Electronic system for authenticating permissions between interconnected resources" was invented by Pierre Jacques Bouchard (Davidson, N.C.), Manu Jacob Kurian (Dallas), John L. Reilly (Charlotte, N.C.) and Lakshminarayana Vishnubhotla (Skillman, N.J.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems that aid in application development, in particular, to the use of a resource ontology system that includes an interconnected map that links resources that interact with each other, as well as the individual components of the resources. The resource ontology system furt...