US Patent Issued to Bank of America on July 28 for "Distributed ledger platform for improved return logistics" (American, Indian Inventors)

ALEXANDRIA, Va., July 28 -- United States Patent no. 12,694,366, issued on July 28, was assigned to Bank of America Corp. (Charlotte, N.C.).

"Distributed ledger platform for improved return logistics" was invented by Maharaj Mukherjee (Poughkeepsie, N.Y.) and Prashant Thakur (Hyderabad, India).

According to the abstract* released by the U.S. Patent & Trademark Office: "Aspects of the disclosure relate to return logistics. A computing platform may process a first request, resulting in first information indicating a first transfer of resources from a buyer of an item to a seller. The computing platform may record, in a distributed ledger, the first information. The computing platform may receive a second request corresponding to another sal...