Bank of America had three patents in quantum computing during Q1 2024. The Bank of America Corp has filed a patent for generating synthetic invisible fingerprints using AI for metadata security and document verification. This involves capturing physical fingerprint images, encoding them with a quantum key distribution scheme, generating synthetic fingerprint images using AI, and transmitting this information for smart contract generation. GlobalData’s report on Bank of America gives a 360-degree view of the company including its patenting strategy. Buy the report here.
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Bank of America grant share with quantum computing as a theme is 66% in Q1 2024. Grant share is based on the ratio of number of grants to total number of patents.
Recent Patents
Application: Generating synthetic invisible fingerprints for metadata security and document verification using generative artifical intelligence (Patent ID: US20240031159A1)
The patent filed by Bank of America Corp. focuses on using generative artificial intelligence to create synthetic invisible fingerprints for metadata security and document verification. The computing platform captures physical fingerprint images of a user, encodes them using a quantum key distribution scheme, and generates synthetic fingerprint images based on the encoded data. These synthetic fingerprints are then transmitted for smart contract generation, potentially enhancing security and verification processes.
The patent claims detail the specific functions of the computing platform, including capturing, encoding, storing, generating, and transmitting fingerprint information. The use of generative artificial intelligence algorithms, unsupervised learning, and extended reality capable devices are highlighted. Additionally, the patent emphasizes the transmission of fingerprint information for smart contract generation and the potential application of the technology in an Internet-of-things device-to-device communication channel. Overall, the patent outlines a comprehensive system for enhancing metadata security and document verification through the use of synthetic invisible fingerprints generated by AI technology.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
