U.S. Patent 11153096 was awarded to Royal Bank of Canada on October 19, 2021 and is entitled “Platform for generating authenticated data objects.” The first named inventor is Ioannis Bakagiannis of Toronto, . The abstract contains an overview of the patent disclosure:

Current systems for data authentication, such as in the course of financial transactions to comply with anti-money laundering and know-your-customer legislation, are burdensome and inefficient for banks and their clients. A platform of some embodiments provides a system for utilizing distributed ledger technologies, such as a blockchain data structure residing on a distributed ledger. A client may use this blockchain data structure to register the client’s personal information in a data object that then may be routed to specific identified trusted individuals who verify that the information in the data object is correct. Once verification is complete, the client or other trusted individuals may use the data object as necessary to register the client for various programs or services, such as additional bank services. Link to Full Patent

This blockchain patent was originally filed on August 16, 2018  as U.S. Patent Application 15/998882 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11153096. The primary examiner was Dant B Shaifer Harriman.

Royal Bank of Canada, who is the original assignee of this patent, has at least 58 total granted patents in the United States as of the date of this article. This blockchain patent has been cited 0 times by other U.S. patents according to our law firm research, and can be considered an innovative patent in the field of cryptocurrency and blockchain.

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