Bank of America has been awarded a data and security patent for controlling access to elements of a permissioned blockchain network. The patent, which was granted in May 2017, covers the use of “smart contracts” that can be used by banks or other organizations to manage their own networks without having to rely on third-party providers
Bank of America has been awarded a data and security patent for controlling access to elements of a permissioned blockchain network. The patent is designed to help users to easily identify relevant blocks and to ensure that users are authorised to access those blocks.