US Patent Issued to Bank of America on Feb. 10 for "System for enabling modification of data and endorsements of smart contracts within a distributed trust computing network" (Indian Inventors)

ALEXANDRIA, Va., Feb. 11 -- United States Patent no. 12,549,392, issued on Feb. 10, was assigned to Bank of America Corp. (Charlotte, N.C.).

"System for enabling modification of data and endorsements of smart contracts within a distributed trust computing network" was invented by Nimish Ravindra Deshpande (Maharashtra, India), Bharat Indrakanti (Telangana, India) and Gautam Ravi (Telangana, India).

According to the abstract* released by the U.S. Patent & Trademark Office: "Enabling modifications to smart contracts within a distributed trust computing network platform. Enablement of smart contract modifications is made possible by generating a smart contract and an associated hash value and storing such in an intermediate data block held w...