US Patent Issued to Bank of America on March 25 for "Distributed ledger network for data portability" (Indian Inventor)

ALEXANDRIA, Va., March 26 -- United States Patent no. 12,260,001, issued on March 25, was assigned to Bank of America Corp. (Charlotte, N.C.).

"Distributed ledger network for data portability" was invented by Saurabh Uprit (Chennai, India).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system for processing an account transfer between two banking infrastructures are described. The system may comprise a plurality of computing nodes. Each of the computing nodes may be associated with a corresponding source chain. The source chains may in combination store a distributed hash table with account information for clients associated with multiple computing nodes. The system may enable communication between the diff...