US Patent Issued to Bank of America on Feb. 25 for "System for generation of substitutable configurations of secure electronic distributed register tokens" (Indian Inventors)

ALEXANDRIA, Va., Feb. 26 -- United States Patent no. 12,238,214, issued on Feb. 25, was assigned to Bank of America Corp. (Charlotte, N.C.).

"System for generation of substitutable configurations of secure electronic distributed register tokens" was invented by Yash Sharma (Delhi, India) and Sandeep Kumar Chauhan (Hyderabad, India).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system is provided for generation of substitutable configuration of secure distributed register tokens. In particular, the system may generate, on a distributed register, a secure token with a built-in source code function for triggering a substitution of the secure token with one or more substitute tokens upon the occurrence of a sp...