US Patent Issued to Bank of America on May 12 for "System and method for quantum-based data encryption and transmission" (North Carolina, South Carolina Inventors)

ALEXANDRIA, Va., May 12 -- United States Patent no. 12,627,481, issued on May 12, was assigned to Bank of America Corp. (Charlotte, N.C.).

"System and method for quantum-based data encryption and transmission" was invented by Adam King (Fort Mill, S.C.), Sanjay Lohar (Mint Hill, N.C.), George Albero (Charlotte, N.C.), Matthew K. Bryant (Mt. Holly, N.C.), Naomi Verma (Apex, N.C.) and David J. Dos Santos (Charlotte, N.C.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system for implementing security measures to a data packet is disclosed. The system assigns each computing device with a respective encryption key. A first computing device encrypts the data packet with a first encryption key upon creation and/o...