US Patent Issued to The Toronto-Dominion Bank on Dec. 30 for "Homomorphic computations on encrypted data within a distributed computing environment" (Canadian Inventors)

ALEXANDRIA, Va., Dec. 31 -- United States Patent no. 12,512,960, issued on Dec. 30, was assigned to The Toronto-Dominion Bank (Toronto).

"Homomorphic computations on encrypted data within a distributed computing environment" was invented by Alexey Shpurov (Toronto), Lovell Hodge (Burlington, Canada), Brian Andrew Lam (Toronto) and Leslie Carol Thomas (Toronto).

According to the abstract* released by the U.S. Patent & Trademark Office: "The disclosed exemplary embodiments include computer-implemented systems, apparatuses, and processes that perform homomorphic computations on encrypted third-party data within a distributed computing environment. For example, an apparatus receives a homomorphic public key and encrypted transaction data char...