US Patent Issued to Bank of America on June 17 for "Tokenization of resource exchange event information" (North Carolina Inventors)

ALEXANDRIA, Va., June 19 -- United States Patent no. 12,335,164, issued on June 17, was assigned to Bank of America Corp. (Charlotte, N.C.).

"Tokenization of resource exchange event information" was invented by Sean D. Fitzpatrick (Davidson, N.C.) and Justin Garrick (Charlotte, N.C.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Secured system for sharing/distributing a user's resource exchange event information with third-party data recipients. In response to verifying the identity of a user and receiving the user's consent to distribute the resource exchange event information, user inputs are received that define resource exchange event metadata and a resource exchange event token is generated that maps a ...