US Patent Issued to FMR on Oct. 27 for "Collateral management with blockchain and smart contracts apparatuses, methods and systems" (American, Irish Inventors)

ALEXANDRIA, Va., Oct. 27 -- United States Patent no. 12,775,920, issued on Oct. 27, was assigned to FMR LLC (Boston).

"Collateral management with blockchain and smart contracts apparatuses, methods and systems" was invented by Sanjeev Dhupkar (Cary, N.C.), Nishant Mehta (Jersey City, N.J.), Harsh Singh (Edison, N.J.) and Thomas Stephen McGuire (Galway, Ireland).

According to the abstract* released by the U.S. Patent & Trademark Office: "The Collateral Management with Blockchain and Smart Contracts Apparatuses, Methods and Systems ("CMBSC") transforms borrow transaction request inputs via CMBSC components into borrow transaction init notification, borrow transaction sync notification outputs. A borrow transaction request associated with a ...