US Patent Issued to Bank of America on Sept. 8 for "Non-fungible token (NFT) based intelligent document protocols" (Indian Inventor)

ALEXANDRIA, Va., Sept. 8 -- United States Patent no. 12,732,388, issued on Sept. 8, was assigned to Bank of America Corp. (Charlotte, N.C.).

"Non-fungible token (NFT) based intelligent document protocols" was invented by Krishna Rangarao Mamadapur (Maharashtra, India).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems, methods, and apparatus are provided for NFT-based self-actuating document management. A private blockchain network may capture a document and a set of rules associated with the document. The network may mint an NFT that embeds the digitized document. The document rules may be encoded in self-actuating NFT metadata. The NFT may be encrypted using multiple layers of encryption prior to blockc...