US Patent Issued to DTCC DIGITAL (US) on Oct. 27 for "Method and apparatus for decentralized management of trusted data on trustless networks" (Maryland Inventor)

ALEXANDRIA, Va., Oct. 27 -- United States Patent no. 12,776,907, issued on Oct. 27, was assigned to DTCC DIGITAL (US) INC. (Jersey City, N.J.).

"Method and apparatus for decentralized management of trusted data on trustless networks" was invented by George Daniel Doney (Riva, Md.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A framework for managing data on a decentralized network is disclosed. The framework is designed to manage two conflicting forces, openness and control, in order to provide scalable trust on trustless networks. To manage this conflict, a flexible, decentralized governance model is disclosed to enable any DLT user to create and manage data contexts, a virtual boundary for controlling dat...