Patent №
US 11,699,131
Granted
2023-07-11
Filed 2020
Owner
SYNCHRONY BANK
Lab
—
AI components
1
planning
Assignment
Recorded
Dataset
AIPD
2023_r1 edition
Application
17123743
In one aspect, a distributed ledger system include a first network node configured to detect a triggering condition for processing a claim; collect user and broker information for processing the claim; convert the information from a first computer-readable format to a second computer-readable format; validate the converted information based on corresponding digital signatures; generate claim state objects based on the validated information to be used by each node of the distributed ledger system to execute a smart contract for processing the claim; receive one or more updated claim state objects from a second network node reflecting updated processing status of the claim to be used by each node of the distributed ledger system to execute the smart contract for processing the claim; and process the claim based on results of execution of the smart contract using the one or more updated claim state objects.
AI classification
Ownership
SYNCHRONY BANK
assignment · 548920427
Assignors
PATEL, UJJVAL, HANG, CHENG, RUAN, JUSTIN
On an employer assignment, the assignors are typically the inventors.