US Patent Issued to Bank of America on May 26 for "Scalable cluster based scoring with multi-queue dynamic scheduling consensus mechanism in blockchain" (Indian Inventors)

ALEXANDRIA, Va., May 26 -- United States Patent no. 12,640,947, issued on May 26, was assigned to Bank of America Corp. (Charlotte, N.C.).

"Scalable cluster based scoring with multi-queue dynamic scheduling consensus mechanism in blockchain" was invented by Saravanan Balasubramanian (Chennai, India), Shouryan Sharma (Faridabad, India) and Sharmishtha Kant (Lucknow, India).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods are disclosed to revolutionize blockchain consensus mechanisms by introducing a novel, inclusive framework that enhances efficiency, scalability, and environmental sustainability. Central to this breakthrough are a cluster-based scoring system and a multi-queue dynamic schedu...