US Patent Issued to Bank of America on Sept. 23 for "Distributed evaluation platform for nonfungible tokens using virtual token cloning" (Indian, Singaporean Inventors)

ALEXANDRIA, Va., Sept. 23 -- United States Patent no. 12,423,695, issued on Sept. 23, was assigned to Bank of America Corp. (Charlotte, N.C.).

"Distributed evaluation platform for nonfungible tokens using virtual token cloning" was invented by Sakshi Bakshi (New Delhi), Durga Prasad Kutthumolu (Hyderabad, India), Shilpi Choudhari (Hyderabad, India), Ankit Kumar (Gurugram, India), Saurabh Rajpal (Hyderabad, India) and Hwee Leng Toh (Singapore).

According to the abstract* released by the U.S. Patent & Trademark Office: "Aspects of the disclosure relate to a distributed evaluation platform. The distributed evaluation platform may train a machine learning model based on historical nonfungible tokens. The distributed evaluation platform may re...