US Patent Issued to Synchrony Bank on Aug. 11 for "Systems and methods for decentralized data distribution" (Connecticut Inventors)

ALEXANDRIA, Va., Aug. 12 -- United States Patent no. 12,706,738, issued on Aug. 11, was assigned to Synchrony Bank (Stamford, Conn.).

"Systems and methods for decentralized data distribution" was invented by Manish Patel (Stamford, Conn.), Stephen Short (Stamford, Conn.), Rojarani Sonena (Stamford, Conn.) and Archana Gandhiraj (Stamford, Conn.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods provide a framework through which user data is automatically propagated to different service provider systems through one or more decentralized distributed ledger nodes in response to modification of the user data and to changes to service provider systems authorized to access the user data."

The paten...