US Patent Issued to Bank of America on Nov. 25 for "Operational lifecycle management using a dynamic non-fungible token" (North Carolina, Texas Inventors)

ALEXANDRIA, Va., Nov. 25 -- United States Patent no. 12,481,981, issued on Nov. 25, was assigned to Bank of America Corp. (Charlotte, N.C.).

"Operational lifecycle management using a dynamic non-fungible token" was invented by Brandon Castagna (Charlotte, N.C.), Lisa Pugh (Charlotte, N.C.), Mei Lin (Addison, Texas) and Alfred Reed (Charlotte, N.C.).

According to the abstract* released by the U.S. Patent & Trademark Office: "This application describes an autonomous system for utilizing a non-fungible token ("NFT") to manage dynamic operational conditions applied to bank account. The autonomous system may include a dynamic NFT stored on a distributed ledger. The dynamic NFT may include non-editable fields and editable fields. The autonomous...