The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Jan. 13, 2026
Filed:
Jan. 12, 2023
Bank of America Corporation, Charlotte, NC (US);
Yogi Ahuja, Warwick, PA (US);
Mardochee Macxis, Concord, NC (US);
Monika Kapur, Jacksonville, FL (US);
Albena Fairchild, Indian Trail, NC (US);
Utkarsh Raj, Charlotte, NC (US);
Bank of America Corporation, Charlotte, NC (US);
Abstract
Apparatus and methods for an opt-in distributed ledger consortium to detect and prevent fraudulent transactions are provided. Two or more entities may opt into a private distributed ledger. A program may receive financial transaction information. The program may record the transaction on the distributed ledger. The program may activate a smart application on the ledger. The smart application may analyze each transaction for indicators of illegal activity. When indicators of illegal activity are found within a transaction, the program may generate a report. The program may transmit the report to each entity that has opted into the private distributed ledger. The program may also record the report on the private distributed ledger.