US Patent Issued to ROYAL BANK OF CANADA on Jan. 20 for "System and method for electronic credential tokenization" (Canadian, American Inventors)

ALEXANDRIA, Va., Jan. 20 -- United States Patent no. 12,530,683, issued on Jan. 20, was assigned to ROYAL BANK OF CANADA (Toronto).

"System and method for electronic credential tokenization" was invented by Arnold Badal-Badalian (Toronto), Edison U. Ortiz (Orlando, Fla.), Ambica Pawan Khandavilli (Orlando, Fla.), Seung Bong Baek (Toronto), Manuel Roggero (Orlando, Fla.) and Raghavendra Agrawal (Toronto).

According to the abstract* released by the U.S. Patent & Trademark Office: "A computer system and method for tokenizing an IoT device is provided. The system comprises at least one processor and a memory storing instructions which when executed by the processor configure the processor to perform the method. The method obtaining device inf...