US Patent Issued to Bank of America on Aug. 18 for "Li-fi payment network with quantum key distribution channels" (Indian Inventors)

ALEXANDRIA, Va., Aug. 18 -- United States Patent no. 12,711,498, issued on Aug. 18, was assigned to Bank of America Corp. (Charlotte, N.C.).

"Li-fi payment network with quantum key distribution channels" was invented by Saurabh Arora (Gurugram, India), Sandeep Kumar Chauhan (Miyapur Hyderabad, India), Puneetha Polasa (Secunderabad Telangana, India) and Mallidi Bhagya Lakshmi Sudha Lavanya (Narsingi Hyderabad, India).

According to the abstract* released by the U.S. Patent & Trademark Office: "Apparatus and methods for a quantum-key secured li-fi payment network with quantum key distribution channels are provided. A customer's device may communicate, directly or through intermediate devices and computer systems, over a li-fi network with a ...