US Patent Issued to THE TORONTO-DOMINION BANK on Oct. 20 for "Multidirectional synchronization of confidential data using distributed ledgers" (Canadian Inventors)

ALEXANDRIA, Va., Oct. 21 -- United States Patent no. 12,771,554, issued on Oct. 20, was assigned to THE TORONTO-DOMINION BANK (Toronto).

"Multidirectional synchronization of confidential data using distributed ledgers" was invented by Timothy Willem Ubbens (Toronto), Arthur Carroll Chow (Markham, Canada), Sidharth Kumar Varma (Burlington, Canada), James Thomas Hensley (Whitby, Canada) and Alexey Shpurov (Toronto).

According to the abstract* released by the U.S. Patent & Trademark Office: "The disclosed embodiments include computer-implemented processes that, using a distributed notarized ledger, constrain an ability of multiple parties to simultaneously, or near simultaneously, update or modify elements of reference data maintained within...