US Patent Issued to Bank of America on June 17 for "Bifurcated non-fungible tokens as an authenticator" (North Carolina, New Jersey, Illinois Inventors)

ALEXANDRIA, Va., June 19 -- United States Patent no. 12,333,527, issued on June 17, was assigned to Bank of America Corp. (Charlotte, N.C.).

"Bifurcated non-fungible tokens as an authenticator" was invented by Jesse James Godley (Charlotte, N.C.), Taylor Farris (Hoboken, N.J.) and Trish Gillis (Chicago).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems for using bifurcated non-fungible tokens for transaction approval are provided. Systems may include a blockchain, a memory and a processor. The processor may, in a pre-approval stage: mint an identity block for each approver included in a plurality of approvers, upload each identity block to the blockchain and assign a non-fungible token to each approver. ...