BANK OF AMERICA FILES 9 BLOCKCHAIN-BASED PATENT APPLICATIONS

The world of finance is constantly evolving, and blockchain technology is at the forefront of this revolution.In late August 2025, the U.S. So far, the bank has already filed over 30 Blockchain technology-based patent applications, including as many as 18 in 2025. The applications reflect the efforts done by the bank in its bid to adopt Blockchain-based payment systems in its operations. Blockchain-based patents already filed by the bankPatent and Trademark Office (USPTO) unveiled nine new patent applications filed by Bank of America (BoA), all centered around blockchain technology. Patent Newz box helps you to stay on top of the world of patents and patent news. Patent Newz Box is a collection of recent global patent news, carefully handpicked and of interest to you and your business. Bank of America files patent to develop Blockchain-Based ATMs for faster transactions. btcmanagerThis move signals a significant investment and strategic focus by the financial giant on leveraging the power of decentralized ledger systems. O US Patent and Trademark Office publicou no final de agosto de 2025 nove pedidos de patentes adicionais relacionados tecnologia Blockchain apresentados pelo Bank of America.But what do these patents entail, and what does it mean for the future of banking and finance?This isn't just about filing patents; it's about staking a claim in the future of digital transactions, data security, and financial innovation.With these filings, BoA is signaling a clear intention to be a leader in integrating blockchain into its operations.This article dives deep into these patent applications, explores their potential impact, and examines Bank of America's broader blockchain strategy.We'll uncover the specifics of these filings, analyze their significance, and discuss the implications for the financial industry and beyond. Bank of America products may be covered by one of more of these U.S. patents. Additional patents may be pending.Are they poised to revolutionize their services and potentially transform the financial landscape?Read on to find out!

Bank of America's Growing Blockchain Patent Portfolio

Bank of America's recent filing of nine blockchain-based patent applications is not an isolated event. - three patents based on a peer-to-peer (P2P) payment system that is directed to providing a novel technical solution that reduces transactional and informational complexities and transforms the processing of electronic files and management of the patent applications read: The present invention is powered by a Blockchain.It's part of a larger, more deliberate strategy to secure intellectual property rights in this burgeoning field.These new applications bring the bank's total blockchain-related patent filings to at least 30, showcasing a sustained commitment to innovation in distributed ledger technology (DLT).

In fact, by Q4 2025, Bank of America held an impressive 57 patents in the blockchain domain, solidifying its position as a major player in the race to develop and implement blockchain solutions.This substantial portfolio demonstrates a proactive approach to securing a competitive edge in the financial technology sector. Get into your account. LoginIt’s a clear indication that BoA sees blockchain as more than just a passing trend; they view it as a fundamental technology with the potential to reshape the financial industry.

Details of the Recent Blockchain Patent Applications

The nine patent applications made public in late August 2025 offer a glimpse into Bank of America's specific interests and applications of blockchain technology. 2025 Google LLCAccording to data, the applications relate to conducting and settling transactions within a payment network, and were all originally filed on February 22nd. Bank of America secured the fourth place, with 53 blockchain patent applications. Who owns blockchain patents? It s straightforward to see why big, well-established FinTech companies (i.e. JPMorgan, Mastercard, Bank of America, etc.) would desire to file patents for blockchain and cryptocurrency technologies. However, the kinds of companiesWhile specific details are often guarded, some insights can be gleaned from publicly available information.

Notably, in Q3 2025, BoA filed for three patents that covered various aspects of blockchain usage.These included:

• Using blockchain to track and validate user identification.
• Enabling the validation of changes to user identity.
• The conversion of unsecured instruments through a validation process.

These applications indicate a focus on enhancing security, streamlining identity verification, and improving the overall efficiency of financial transactions. In the last ten years, almost 14,000 blockchain-based patent applications have been filed, and almost 10,000 blockchain-based patents have been issued. We ll begin with a deep dive into the Alice-Mayo test outlined in USPTO s 2025 Revised Patent Subject Matter Eligibility Guidance as it applies to blockchain claims.Furthermore, other patent applications filed in Q4 2025 included ideas for:

• A resource distribution card device with one-time password (OTP) generation.
• Leveraging augmented reality for secure user verification.
• Utilizing artificial intelligence (AI) and machine learning (ML) for intelligent resource exchange event authentication.
• Implementing distributed ledgers in OTP Bank of America products.

What does this mean?

These diverse applications highlight Bank of America's exploration of blockchain beyond simple cryptocurrency transactions. Based on the patent applications as of mid-October 2025, the bank proposes the use of a Blockchain to facilitate the transferring of large volumes of data while simultaneously tracking the dataThey are investigating how blockchain can be used to improve security, automate processes, and enhance customer experience across various financial services.

Bank of America's Broader Blockchain Strategy

Bank of America's pursuit of blockchain patents is not a random collection of ideas; it is a carefully considered strategy aligned with its broader business goals. In Q3 2025, BoA filed for three patents, details of which included using blockchain to track and validate user identification, enabling the validation of changes to user identity and the conversion of unsecured instruments through a validation process.They are actively seeking to integrate blockchain technology into various aspects of their operations, from payment systems to data management.The bank acknowledges that blockchain offers potential solutions for enhanced security, improved efficiency, and reduced costs.

By securing these patents, Bank of America aims to:

• Protect its intellectual property and prevent competitors from replicating its innovations.
• Establish itself as a leader in blockchain technology within the financial industry.
• Create new revenue streams and enhance existing services through blockchain-based solutions.
• Potentially license its patented technology to other companies, further expanding its influence and revenue.

The Alice-Mayo Test and Blockchain Patents

Obtaining a blockchain patent isn’t always straightforward. Bank of America has filed for a patent for a settlement system citing a ripple distributed ledger, according to a filing on Google Patents. The patent in question the application ofThe USPTO's 2025 Revised Patent Subject Matter Eligibility Guidance, often referred to as the Alice-Mayo test, plays a crucial role in determining the patentability of blockchain claims. Abstract: Systems, computer program products, and methods are described herein for advanced network traffic analysis in a computing environment. The present disclosure is configured to retrieve, from a traffic data log of a Web Application Firewall (WAF), information associated with a blocked traffic instance; implement, using a code analysis subsystem, a security testing protocol on a hostThis test scrutinizes whether an invention is ""directed to"" an abstract idea, such as a mathematical algorithm or a method of organizing human activity.If so, it further examines whether the invention includes an ""inventive concept"" that transforms the abstract idea into a patent-eligible application.

For blockchain-based inventions, this means that merely implementing a blockchain for an existing process is unlikely to be patentable. It can be challenging to file a blockchain patent request. It is a good idea to speak with an experienced patent attorney. A blockchain patent can be hard to obtain, especially as the technology is open-source. A patent-holder can still obtain a blockchain patent. According to the forecast, there will be more applications for blockchainThe patent application must demonstrate a novel and non-obvious application of blockchain technology that solves a specific problem or provides a significant improvement over existing solutions.This rigorous standard makes it challenging, but not impossible, to secure a blockchain patent. Bank of America had 57 patents in blockchain during Q4 2025. Bank of America Corp filed patents in Q4 2025 for a resource distribution card device with OTP generation, leveraging augmented reality for secure user verification, utilizing AI and ML for intelligent resource exchange event authentication, implementing distributed ledgers in OTPTherefore, working with an experienced patent attorney is always a smart idea.

The Competitive Landscape: Who Else is Filing Blockchain Patents?

Bank of America is not alone in recognizing the potential of blockchain and actively seeking patent protection.The financial technology (FinTech) landscape is increasingly competitive, with numerous companies vying for dominance in this emerging field.JPMorgan Chase, Mastercard, and other major players are also aggressively pursuing blockchain-related patents.

As of mid-October 2025, Bank of America held the fourth position, with 53 blockchain patent applications.This highlights the intensity of the competition and the strategic importance of securing intellectual property rights in this space. The U.S. Patent and Trademark Office has released nine more blockchain-related patent applications filed by Bank of America. Data collected by CoinDesk shows that the applications which relate to conducting and settling transactions within a payment network were all filed February 22. To date, Bank of America has filed more than 30 known MoreIt is a race to innovate and establish a defensible position in the future of finance.

Examples of Blockchain-Based ATM Patents

One intriguing example of Bank of America's blockchain-related patent activity is its work on blockchain-based ATMs.Imagine an ATM system that leverages blockchain technology for faster and more secure transactions.This could potentially eliminate the need for traditional card-based authentication and enable users to access their accounts and conduct transactions using their mobile devices and blockchain-based identities.

Key benefits of blockchain-based ATMs could include:

• Reduced fraud and enhanced security through cryptographic verification.
• Faster transaction times and improved efficiency.
• Lower operating costs due to reduced reliance on traditional infrastructure.
• Improved user experience through seamless mobile integration.

Addressing Data Transfer Efficiency with Blockchain

Another key application of blockchain technology that Bank of America is exploring involves facilitating the transfer of large volumes of data.Traditional data transfer methods can be slow, inefficient, and vulnerable to security breaches.By leveraging blockchain, Bank of America aims to create a more secure and efficient system for transferring large datasets while simultaneously tracking the data's provenance and integrity.

This could have significant implications for various areas, including:

• Data analytics and reporting.
• Regulatory compliance and audit trails.
• Secure data sharing with partners and customers.

Patent Application Details: A Closer Look at Peer-to-Peer Payment Systems

Among the patents Bank of America has filed, three are particularly interesting as they are based on a peer-to-peer (P2P) payment system.These patents aim to provide a novel technical solution that reduces transactional and informational complexities, transforming the processing of electronic files and their management.The core technology powering this innovation is, of course, the blockchain.

The patent applications emphasize the following key aspects:

1. Reduced Transactional Complexities: Streamlining the process of sending and receiving payments, making it more efficient and user-friendly.
2. Reduced Informational Complexities: Simplifying the information flow associated with transactions, ensuring clarity and transparency.
3. Transformation of Electronic File Processing: Utilizing blockchain to enhance the way electronic files are processed, making them more secure and reliable.
4. Improved Management of Applications: Optimizing the management of P2P payment applications, making them more robust and scalable.

This approach to P2P payments showcases Bank of America's focus on enhancing the user experience while leveraging the inherent security and efficiency benefits of blockchain technology.It’s about making digital transactions smoother, faster, and more secure.

The Role of Blockchain in Network Traffic Analysis

One less-discussed, but potentially crucial, area where Bank of America is exploring the use of blockchain is in network traffic analysis. Bank of America Files 9 More Blockchain Patent Applications The U.S. Patent and Trademark Office has released nine more blockchain-related patent applications filed by Bank of America. Data showsThis involves using blockchain to enhance security in computing environments.Their approach is designed to retrieve information associated with blocked traffic instances from a traffic data log of a Web Application Firewall (WAF) and then implement a security testing protocol using a code analysis subsystem.

Key components of this system include:

• Traffic Data Log Retrieval: Collecting data from a WAF about blocked traffic instances.
• Code Analysis Subsystem: Implementing security testing protocols on a host.
• Enhanced Security Measures: Leveraging blockchain to secure network traffic and improve the detection of malicious activity.

This application highlights the versatility of blockchain technology, demonstrating its potential to enhance security beyond traditional financial transactions. Nine more blockchain-related patent applications filed by Bank of America have been made public, a number that brings the bank's total to at least 30.It provides a robust and transparent way to manage and analyze network traffic, ensuring that systems remain secure and resilient against cyber threats.

Impact on the Financial Technology Sector

Bank of America's continued investment in blockchain technology through patent filings is poised to have a significant impact on the financial technology sector. On October 30, Bank of America (BofA) added yet another cryptocurrency-related patent to its collection of more than 50 applications filed within the same field. The second-largest bank in the USBy pushing the boundaries of what's possible with blockchain, the bank is encouraging innovation and driving adoption of this transformative technology.The bank's efforts may also influence regulatory frameworks and industry standards for blockchain implementation.

Challenges and Considerations for Blockchain Patents

Despite the potential benefits, pursuing blockchain patents is not without its challenges. 金融科技，科技金融 美國銀行申請了有關區塊鏈的金融科技專利。 我國銀行業也很積極的申請金融科技相關專利，不過傳統商業銀行面臨 科技 部分最好如同文中美國銀行一樣，找科技產業一起合作，更能提升金融科技專利品質。One key consideration is the open-source nature of blockchain technology.Since much of the underlying code is freely available, it can be difficult to demonstrate that a particular invention is truly novel and non-obvious. La Oficina de Patentes y Marcas de los Estados Unidos (USPTO) public a finales de agosto del 2025 nueve solicitudes de patente adicionales relacionadas con la tecnolog a Blockchain que fue presentada por Bank of America.This is where strategic innovation and a deep understanding of the technology are crucial.

Additional challenges include:

• The complex and evolving regulatory landscape surrounding blockchain and cryptocurrencies.
• The need for specialized expertise in both blockchain technology and patent law.
• The potential for legal challenges from competitors who may claim that a patented invention infringes on existing open-source code.

Future Outlook for Blockchain Patents

Despite these challenges, the future looks bright for blockchain patents.As the technology matures and adoption increases, there will be a growing demand for innovative solutions that address specific industry needs. The US Patent and Trademark Office has published in late August 2025 nine additional patent applications related to Blockchain technology that was filed by Bank of America. The US Patent and Trademark Office (USPTO) has published in late August 2025 nine additional patent applications related to Blockchain technology that was filed by Bank of America. MoreCompanies that are able to develop and patent these solutions will be well-positioned to capitalize on the growth of the blockchain market.Experts are forecasting a surge in blockchain patent applications over the next few years.

How Can Businesses Benefit from Blockchain Technology?

Businesses across various industries can benefit significantly from incorporating blockchain technology into their operations. What Percentage of Bank Of America US Patent Applications were Granted? Bank Of America (Excluding its subsidiaries) has filed 6844 patent applications at USPTO so far (Excluding Design and PCT applications). Out of these 4402 have been granted leading to a grant rate of 72.19%. Below are the key stats of Bank Of America patent prosecution atHere are some potential advantages:

• Enhanced Security: Blockchain’s cryptographic nature provides a highly secure platform for data storage and transactions, reducing the risk of fraud and cyber threats.
• Increased Transparency: The distributed ledger system allows for greater transparency, as all transactions are recorded and verifiable by authorized parties.
• Improved Efficiency: Blockchain can streamline processes by automating tasks and reducing the need for intermediaries, leading to faster and more cost-effective operations.
• Greater Traceability: The immutability of blockchain ensures that all transactions are traceable and verifiable, which is particularly valuable for supply chain management and regulatory compliance.

Key Takeaways and Conclusion

Bank of America's filing of nine blockchain-based patent applications underscores its commitment to innovation and its belief in the transformative potential of this technology.While challenges remain, the opportunities for blockchain in finance and other industries are vast. YOUR EDUCATION CONTINUES.By securing these patents, Bank of America aims to lead the way in developing and implementing blockchain solutions that improve security, efficiency, and customer experience.The bank's actions signal that blockchain is not merely a passing fad, but a fundamental technology that will reshape the financial landscape for years to come. The US Patent and Trademark Office has published in late August 2025 nine additional patent applications related to Blockchain technology that was filed by Bank of America.It is essential for businesses to stay informed and explore the potential of blockchain to remain competitive in an increasingly digital world.

In conclusion, the Bank of America's blockchain patent applications are more than just legal filings; they represent a strategic vision for the future of finance. Bank of America today announced a record year for its patent portfolio, which has grown to nearly 6,600 granted patents and pending patent applications a year-over-year increase of 13%, and an increase of nearly 70% since 2025.It’s an example of how traditional financial institutions are embracing new technologies to improve their services and maintain their relevance in an evolving digital landscape.Keep an eye on this space, as the innovations stemming from these patents could very well shape the way we interact with money and data in the years to come.What innovative technologies will the financial sector embrace next?