ZERO INVOICING BY REPLICATED STATE

Patent №

US 11,615,447

Granted

2023-03-28

Filed 2020

Owner

HITACHI, LTD.

Lab

AI components

1

planning

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

17089944

Example implementations are directed to eliminating or reducing the invoicing business process by using replicated states as single truth for sub-groups participating in a supply chain network involving a large number of transient partners in a low trust ecosystem. All activities of the business process such as invoicing are shared as single truth of replicated states for the subgroup. The confidential data involving terms of reference for business process is shared separately as single truth of replicated states among such partners. The validations for business process such as invoicing can be derived by executing smart contracts on such replicated states that have single truth about transactions among different sub-groups/channels in supply chain, thereby reducing/eliminating need for invoice generation that need to be manually verified, validated and acknowledged among supplier and customers for payments.

PlanningG06Q 30/04G06Q 20/223G06Q 20/3821

AI classification

Planning1.00
Knowledge representation0.14
Natural language0.03
AI hardware0.01
Speech0.00
Vision0.00
Evolutionary computation0.00
Machine learning0.00

Ownership

HITACHI, LTD.

assignment · 542850388

Assignors

SINGH, PRASUN KUMAR, VENNELAKANTI, RAVIGOPAL, KUMAR, AMIT

On an employer assignment, the assignors are typically the inventors.

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