Truist Bank Blockchain Trust Data Asset Management Platform
Summary
Truist Bank filed patent application US20260111898A1 on April 23, 2026 for a blockchain-based platform enabling node-based core operations and trust data asset management with data integrity preservation via trust controls. The invention covers virtual machines executing an operating system via a virtual network to access a blockchain computing platform with interconnected data processing nodes and smart contract trust controls. The platform establishes a single view of trust data assets from authoritative sources through identification, standardization, and normalization rules in validation smart contracts. Patent application number 18924019 was filed on October 23, 2024 by inventors Thomas S. Dickson and Lekha A. Banerjee.
“A platform for node-based core operations and trust data asset management incorporates data integrity preservation via trust controls and includes virtual machine(s) configured and deployed to execute an operating system to access the computing platform via a virtual network.”
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GovPing monitors USPTO Patent Applications - Business Methods (G06Q) for new banking & finance regulatory changes. Every update since tracking began is archived, classified, and available as free RSS or email alerts — 33 changes logged to date.
What changed
Truist Bank filed a patent application for a blockchain-based trust data asset management platform. The invention describes a computing platform incorporating virtual machines configured to execute an operating system accessible via a virtual network, with a blockchain and interconnected data processing nodes each including functional layers with an asset management service layer. The system establishes data integrity by defining a single view of trust data assets referenced in transactions from authoritative sources, applying identification, standardization, and normalization rules through validation smart contracts in an ingestion preprocessor.
Financial institutions and technology companies developing blockchain-based trust management or data asset systems should monitor this application. Patent filings by major financial institutions in blockchain trust management may signal competitive positioning in enterprise blockchain solutions. The filing is classified under G06Q (business methods/financial data processing), indicating commercial applications in financial services.
Archived snapshot
Apr 24, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
SECURE DATA SECURITY SYSTEMS USING A CRYPTOGRAPHIC BLOCKCHAIN COMPUTING PLATFORM FACILITATING ENCRYPTED NODE-BASED CORE OPERATIONS AND TRUST DATA ASSET MANAGEMENT INCORPORATING TRUST CONTROLS FOR DATA INTEGRITY PRESERVATION
Application US20260111898A1 Kind: A1 Apr 23, 2026
Assignee
Truist Bank
Inventors
Thomas S. Dickson, Lekha A. Banerjee
Abstract
A platform for node-based core operations and trust data asset management incorporates data integrity preservation via trust controls and includes virtual machine(s) configured and deployed to execute an operating system to access the computing platform via a virtual network. The computing platform includes a blockchain and interconnected data processing nodes each including functional layers with an asset management service layer to establish a blockchain computing function that preserves data integrity by defining a single view of trust data assets referenced in transaction(s) from authoritative source(s). The preserving applies identification, standardization, and normalization rules in validation smart contracts of an ingestion preprocessor to establish the single view and executes registration and certification processes that incorporate smart contract trust controls to enhance data integrity. An API framework is maintained to support master and reference data management data processing to establish node-based core operations and trust data asset management under trust control.
CPC Classifications
G06Q 20/405 G06Q 20/02 G06Q 20/4014
Filing Date
2024-10-23
Application No.
18924019
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