US Patent Issued to Bank of America on March 3 for "Directed acyclic graph (DAG) protocols for blockchain authentication" (Indian Inventors)

ALEXANDRIA, Va., March 3 -- United States Patent no. 12,567,067, issued on March 3, was assigned to Bank of America Corp. (Charlotte, N.C.).

"Directed acyclic graph (DAG) protocols for blockchain authentication" was invented by Saurabh Gupta (Dwarka Delhi, India), Rahul Sharma (Gurgaon Haryana, India), Kunal Kumar (Gurugram Haryana, India) and Chandrakant Sharma (Faridabad Haryana, India).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems, methods, and apparatus are provided for dynamic DAG-based blockchain authentication protocols. An authentication engine may deploy two associated parent nodes in a private blockchain network. The first parent node may include first party data and the second parent node ...