US Patent Issued to Bank of America on May 13 for "Resource distribution instruments comprising logical digital resource components linked with processing of distribution requests" (Indian Inventor)

ALEXANDRIA, Va., June 12 -- United States Patent no. 12,299,010, issued on May 13, was assigned to Bank of America Corp. (Charlotte, N.C.).

"Resource distribution instruments comprising logical digital resource components linked with processing of distribution requests" was invented by Saurabh Gupta (New Delhi).

According to the abstract* released by the U.S. Patent & Trademark Office: "Embodiments of the present invention provide a system for processing distribution requests initiated using resource distribution instruments comprising logical resource components. In particular, the system may be configured to receive a first request from a user to store a first resource instrument on a distributed register, store the first resource instr...