US Patent Issued to JPMORGAN CHASE BANK on April 15 for "Systems and methods for privacy-preserving inventory matching with security against malicious adversaries" (New York, Georgia Inventors)

ALEXANDRIA, Va., June 5 -- United States Patent no. 12,277,250, issued on April 15, was assigned to JPMORGAN CHASE BANK N.A. (New York).

"Systems and methods for privacy-preserving inventory matching with security against malicious adversaries" was invented by Tucker Richard Balch (Suwanee, Ga.), Benjamin Emi Diamond (New York) and Antigoni Ourania Polychroniadou (New York).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method for privacy-preserving inventory matching may include: (1) receiving a plurality of axe submissions; (2) arranging the parties into data structures based on a direction in the party's axe submission; (3) sending each party's commitment to the other party; (4) receiving, from each part...