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TruistPatent grant

Truist Bank was granted a patent for blockchain-based master data management.

What happened

In September 2026 Truist Bank patented a platform for managing identities and data assets with traceable records across financial data operations.

Source

Abstract

An enhanced blockchain data computing platform for strategic master data management provides a package-built solution using a blockchain platform for Master Data Management. Identity Management and Asset Management are constructed as coordinated extensions of inherent blockchain capabilities. Queries against a Master Data World State provide interactive views into the Data Assets and a full-provenance historical view of Data Asset transactions recorded in a Master Ledger. This ledger is then automatically shared as Distributed Ledger Copies across the blockchain network to other Network Node applications thereby providing access to the same Master Data and improving source data quality and MDM results over time as the Network Nodes synchronize on a single trusted Master Data Management Source of Record.

patents.google.com/patent/US12724927Read the full source

Extracted by Autobound

From the Signal API record
Signal
Patent grant

What this signalsA new patent often shows where a company is putting its R&D budget.

Grant date
Sep 1, 2026
Inventors
4
Tech area
software / computing
Patent number
US12724927

The full record

From the Signal API record

People

  • Lekha A. BanerjeeInventor
  • Thomas S. DicksonInventor
  • Randhir BhanInventor
  • Srinivasan RamanujamInventor

Details

Primary CPC class
G06F 21/64 (Electric digital data processing)
USPTO assignee
Truist bank
What the invention does
A blockchain system that stores shared master data, lets users view its current state, and preserves the history of every recorded change.

Topics and mentions

Tags

  • Intellectual Property
  • Research & Development
  • Blockchain
  • Data Management
  • Financial Systems

Technologies named

  • blockchain
  • master data management
  • identity management
  • data provenance

Extraction

Detected
Sep 9, 2026
signal_type
patents-company
signal_subtype
patentGrant

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This page shows a preview. The full patents-company record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/3c0be708-96e1-5ae1-bffc-5da2725954fe returns this record as JSON. POST /v1/companies/enrich returns every signal for truist.com.

{
  "signal_id": "3c0be708-96e1-5ae1-bffc-5da2725954fe",
  "signal_type": "patents-company",
  "signal_subtype": "patentGrant",
  "detected_at": "2026-09-09T03:01:00+00:00",
  "company": {
    "name": "Truist",
    "domain": "truist.com"
  },
  "data": {
    "cpc": [
      {
        "code": "G06F 21/64",
        "label": "Electric digital data processing"
      },
      {
        "code": "G06F 9/45558",
        "label": "Electric digital data processing"
      },
      {
        "code": "G06F 9/54",
        "label": "Electric digital data processing"
      },
      {
        "code": "G06F 9/542",
        "label": "Electric digital data processing"
      },
      {
        "code": "G06F 16/219",
        "label": "Electric digital data processing"
      }
    ],
    "tags": [
      "Intellectual Property",
      "Research & Development",
      "Blockchain",
      "Data Management",
      "Financial Systems"
    ],
    "detail": "In September 2026 Truist Bank patented a platform for managing identities and data assets with traceable records across financial data operations.",
    "summary": "Truist Bank was granted a patent for blockchain-based master data management.",
    "event_at": "2026-09-01",
    "inventors": [
      {
        "name": "Lekha A. Banerjee",
        "status": "resolved",
        "is_primary": true,
        "linkedin_url": "https://www.linkedin.com/in/lekhabanerjee"
      },
      {
        "name": "Thomas S. Dickson",
        "status": "unresolved",
        "is_primary": false
      },
      {
        "name": "Randhir Bhan",
        "status": "resolved",
        "is_primary": false,
        "linkedin_url": "https://www.linkedin.com/in/randhir-bhan-95339440"
      },
      {
        "name": "Srinivasan Ramanujam",
        "status": "unresolved",
        "is_primary": false
      }
    ],
    "tech_area": "software / computing",
    "event_kind": "grant_date",
    "grant_date": "2026-09-01",
    "source_url": "https://patents.google.com/patent/US12724927",
    "cpc_primary": {
      "code": "G06F 21/64",
      "label": "Electric digital data processing"
    },
    "patent_title": "Enhanced blockchain data computing platform for strategic master data management",
    "patent_number": "US12724927",
    "uspto_assignee": "TRUIST BANK",
    "patent_abstract": "An enhanced blockchain data computing platform for strategic master data management provides a package-built solution using a blockchain platform for Master Data Management. Identity Management and Asset Management are constructed as coordinated extensions of inherent blockchain capabilities. Queries against a Master Data World State provide interactive views into the Data Assets and a full-provenance historical view of Data Asset transactions recorded in a Master Ledger. This ledger is then automatically shared as Distributed Ledger Copies across the blockchain network to other Network Node applications thereby providing access to the same Master Data and improving source data quality and MDM results over time as the Network Nodes synchronize on a single trusted Master Data Management Source of Record.",
    "precision_class": "structural",
    "invention_explanation": "A blockchain system that stores shared master data, lets users view its current state, and preserves the history of every recorded change.",
    "technologies_mentioned": [
      "blockchain",
      "master data management",
      "identity management",
      "data provenance"
    ]
  }
}

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