US Patent Issued to Bank of America on July 15 for "Dynamic information reduction using a velocity based machine learning model" (Texas, North Carolina Inventors)

ALEXANDRIA, Va., July 16 -- United States Patent no. 12,361,323, issued on July 15, was assigned to Bank of America Corp. (Charlotte, N.C.).

"Dynamic information reduction using a velocity based machine learning model" was invented by Manu Kurian (Dallas) and Albena N. Fairchild (Spruce Pine, N.C.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Aspects of the disclosure relate to an information reduction platform. The information reduction platform may generate data silos within a distributed ledger system. The information reduction platform may receive a data use case request from a client device corresponding to a first user. The information reduction platform may identify relevant data silos corresponding ...