US Patent Issued to ROYAL BANK OF CANADA on March 24 for "Methods and systems for digital reward processing" (Romanian, American Inventors)

ALEXANDRIA, Va., March 24 -- United States Patent no. 12,586,060, issued on March 24, was assigned to ROYAL BANK OF CANADA (Toronto).

"Methods and systems for digital reward processing" was invented by Edison U. Ortiz (Orlando, Fla.) and Iustina-Miruna Vintila (Bucharest, Romania).

According to the abstract* released by the U.S. Patent & Trademark Office: "Embodiments generally relate to the field of reward processing, and more particularly, systems, methods, and computer readable media for digital reward processing utilizing distributed ledger technology. Distributed ledger technology is utilized wherein distributed ledgers are stored on a plurality of node computing devices, the distributed ledgers including sequential entries that are ...