DISTRIBUTED LEDGER SYSTEM FOR AUTOMATED CLAIM ADJUDICATION

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.

PlanningG06Q 10/10G06F 16/258G06F 16/27G06F 16/9024G06Q 20/027G06Q 20/0655G06Q 20/0855G06Q 20/3821+10 more

AI classification

Planning1.00
Knowledge representation0.38
Natural language0.01
AI hardware0.01
Machine learning0.00
Vision0.00
Evolutionary computation0.00
Speech0.00

Ownership

SYNCHRONY BANK

assignment · 548920427

Assignors

PATEL, UJJVAL, HANG, CHENG, RUAN, JUSTIN

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

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