US Patent Issued to Citibank on Nov. 4 for "Preferential routing of virtual resource transfers" (New York, New Jersey Inventors)

ALEXANDRIA, Va., Nov. 6 -- United States Patent no. 12,462,229, issued on Nov. 4, was assigned to Citibank N.A. (New York).

"Preferential routing of virtual resource transfers" was invented by Shikhar Kapur (Brooklyn, N.Y.), Sastry Appajosyula (New York) and Carey O. Kolaja (Montclair, N.J.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Methods and descriptions are described herein for determining preferred routes for transferring virtual resources between nodes across networks. In particular, a source node may be attempting to transfer resources to a destination node, where both nodes belong to a first network. The system determines an association between the destination node and a second network of nodes, ...