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US Patent 12112328 System for enhanced authentication using non-fungible tokens (NFTs)

Patent 12112328 was granted and assigned to Bank of America on October, 2024 by the United States Patent and Trademark Office.

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Contents

Is a
Patent
Patent
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Patent attributes

Patent Applicant
Bank of America
Bank of America
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Current Assignee
Bank of America
Bank of America
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Patent Jurisdiction
United States Patent and Trademark Office
United States Patent and Trademark Office
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Patent Number
121123280
Patent Inventor Names
Carl Parziale0
David Smiddy0
Manu Jacob Kurian0
Harold Joseph Kennedy0
Date of Patent
October 8, 2024
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Patent Application Number
185344410
Date Filed
December 8, 2023
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Patent Citations
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US Patent 7974907 Configurable security processor identifier table
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US Patent 8132005 Establishment of a trusted relationship between unknown communication parties
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US Patent 8190893 Portable security transaction protocol
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US Patent 8244622 Order matching process and method
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US Patent 8386362 Information distribution process and method
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US Patent 8606685 Computer-implemented securities trading system
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US Patent 8412952 Systems and methods for authenticating requests from a client running trialware through a proof of work protocol
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US Patent 7487123 Computer-implemented securities trading system with virtual currency and virtual specialist
0
...
Patent Primary Examiner
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Bennett M Sigmond
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Patent abstract

Enhanced authentication at resource event apparatuses of a card device and, in some instances, the user of the card device. Card device-specific Non-Fungible Tokens (NFTs) are generated and, in some instance, user credential-specific NFTs are generated. The NFTs are stored within a distributed ledger of a distributed trust computing network, which provides verification as the uniqueness and authenticity of the NFTs. Once a resource event is initiated at a resource event apparatus, card device-related information and, in some instance, user credential-related information is received, and the information is compared to the corresponding NFT as a means of authenticating the card device and, in some instances, the card device and the linked user of the card device. As a result, the use of imitation card devices is prevented and, in some instances, the identity of the user of the card device is authenticated and deemed to be linked to the card device.

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