US Patent Issued to JIO PLATFORMS on Feb. 10 for "System and method for secure and traceable fund transfer operation through a distributed ledger" (Indian Inventors)

ALEXANDRIA, Va., Feb. 11 -- United States Patent no. 12,547,995, issued on Feb. 10, was assigned to JIO PLATFORMS Ltd. (Ahmedabad, India).

"System and method for secure and traceable fund transfer operation through a distributed ledger" was invented by Dilip Krishnaswamy (Bangalore, India) and Aayush Bhatnagar (Navi Mumbai, India).

According to the abstract* released by the U.S. Patent & Trademark Office: "The present disclosure generally relates to fund transfer/financial transactions, more particularly to system and method for secure and traceable fund transfer operation through a distributed ledger. The system receives, from sender or receiver of user device, keyword-based query to determine first user public key or second user public ...