US Patent Issued to Bank of America on May 26 for "System and method using swarm intelligence in a decentralized network" (American, Indian Inventors)

ALEXANDRIA, Va., May 26 -- United States Patent no. 12,641,005, issued on May 26, was assigned to Bank of America Corp. (Charlotte, N.C.).

"System and method using swarm intelligence in a decentralized network" was invented by Maharaj Mukherjee (Poughkeepsie, N.Y.), George Albero (Charlotte, N.C.), Naga Vamsi Krishna Akkapeddi (Charlotte, N.C.) and Sakshi Bakshi (New Delhi).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system includes a memory and a processor configured to determine which nodes to use for performing an action. The memory is configured to store metadata and device information associated with a plurality of nodes for performing an action. The plurality of nodes hosts at least one resource ne...