Truist Bank (20240264856). ENHANCED CRYPTOGRAPHIC BLOCKCHAIN COMPUTING PLATFORM FACILITATING NODE-BASED MASTER DATA ASSET MANAGEMENT INCORPORATING TRUST CONTROLS FOR DATA INTEGRITY PRESERVATION simplified abstract

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ENHANCED CRYPTOGRAPHIC BLOCKCHAIN COMPUTING PLATFORM FACILITATING NODE-BASED MASTER DATA ASSET MANAGEMENT INCORPORATING TRUST CONTROLS FOR DATA INTEGRITY PRESERVATION

Organization Name

Truist Bank

Inventor(s)

Lekha A. Banerjee of Charlotte NC (US)

Thomas S. Dickson of Overland Park KS (US)

Randhir Bhan of Sharon MA (US)

Srinivasan Ramanujam of Charlotte NC (US)

ENHANCED CRYPTOGRAPHIC BLOCKCHAIN COMPUTING PLATFORM FACILITATING NODE-BASED MASTER DATA ASSET MANAGEMENT INCORPORATING TRUST CONTROLS FOR DATA INTEGRITY PRESERVATION - A simplified explanation of the abstract

This abstract first appeared for US patent application 20240264856 titled 'ENHANCED CRYPTOGRAPHIC BLOCKCHAIN COMPUTING PLATFORM FACILITATING NODE-BASED MASTER DATA ASSET MANAGEMENT INCORPORATING TRUST CONTROLS FOR DATA INTEGRITY PRESERVATION

The patent application describes a computing platform that enables node-based master data asset management with data integrity preservation through trust controls. The platform includes virtual machines deployed to execute an operating system and access the platform via a virtual network. It incorporates a blockchain computing platform and interconnected data processing nodes with functional layers, including an asset management service layer that establishes a blockchain computing function to maintain data integrity by defining a single view of data assets and applying standardization and normalization rules. Trust controls are integrated into registration and certification processes to enhance data integrity, supported by an application programming interface framework for master data management processing.

  • Virtual machines configured for executing an operating system and accessing the computing platform via a virtual network
  • Blockchain computing platform integrated into the platform
  • Interconnected data processing nodes with functional layers, including an asset management service layer
  • Establishment of a blockchain computing function to preserve data integrity by defining a single view of data assets
  • Application of standardization and normalization rules to establish the single view
  • Registration and certification processes incorporating trust controls to enhance data integrity
  • Application programming interface framework supporting master data management processing

Potential Applications: - Data management in various industries such as finance, healthcare, and supply chain management - Secure data sharing and collaboration among multiple parties - Compliance with data integrity and security regulations

Problems Solved: - Ensuring data integrity and trustworthiness in master data asset management - Simplifying the process of managing and certifying data assets - Enhancing security and transparency in data transactions

Benefits: - Improved data accuracy and consistency - Enhanced trust and reliability in data assets - Streamlined data management processes

Commercial Applications: Title: "Secure Data Asset Management Platform for Enhanced Trust and Integrity" This technology can be applied in industries where data integrity and trust are critical, such as financial institutions, healthcare organizations, and government agencies. It can also be used by data management companies to offer secure and reliable services to their clients.

Questions about the technology: 1. How does the platform ensure the integrity of data assets? The platform maintains data integrity by defining a single view of data assets and applying standardization and normalization rules, along with trust controls in registration and certification processes.

2. What are the potential implications of this technology in terms of data security and compliance? This technology can significantly improve data security and compliance by providing a secure and transparent platform for managing data assets and ensuring their integrity.


Original Abstract Submitted

a computing platform facilitating node-based master data asset management incorporates data integrity preservation via trust controls. the platform comprises virtual machine(s) configured and deployed to execute an operating system to access the computing platform via a virtual network. the computing platform comprises a blockchain computing platform, and interconnected data processing nodes each comprising functional layers, where the functional layers comprise an asset management service layer configured to establish a blockchain computing function that preserves data integrity by defining a single view of data assets referenced in a transaction from authoritative source(s), the preserving comprising applying preprocessor standardization and normalization rules to establish the single view, and executing registration and certification processes that incorporate trust controls to enhance data integrity. an application programming interface framework configured to support master data management processing to establish trust controls is maintained.

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