US Patent Issued to Bank of America on June 3 for "Banking as a service enabled virtual exchange computing platform" (Pennsylvania, North Carolina, California, New Jersey, Texas Inventors)

ALEXANDRIA, Va., June 4 -- United States Patent no. 12,321,986, issued on June 3, was assigned to Bank of America Corp. (Charlotte, N.C.).

"Banking as a service enabled virtual exchange computing platform" was invented by Gilbert M. Gatchalian (Union, N.J.), Jesse S. Newsom III (Charlotte, N.C.), Kevin Tran (Plano, Texas), Yogi Ahuja (Warwick, Pa.) and Kevin A. Delson (Woodland Hills, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A computing system includes a first computing platform and a virtual exchange computing platform, where the first computing platform provides an application and a first electronic value token and the virtual exchange computing platform is communicatively coupled to the first...