US Patent Issued to Bank of America on July 8 for "Systems, methods, and apparatuses for tracking and logging resource transfers via a distributed network" (North Carolina, Florida, South Carolina Inventors)

ALEXANDRIA, Va., July 9 -- United States Patent no. 12,354,093, issued on July 8, was assigned to Bank of America Corp. (Charlotte, N.C.).

"Systems, methods, and apparatuses for tracking and logging resource transfers via a distributed network" was invented by Brady Prentice Merkel (Jacksonville Beach, Fla.), Terrence Williamson (Elgin, S.C.), Mardochee Macxis (Concord, N.C.), Anup Philip (Charlotte, N.C.) and Richard Huw Thomas (Charlotte, N.C.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems, computer program products, and methods are described herein for tracking and logging resource transfers in a distributed network. The present invention is configured to generate a distributed ledger associated w...