State Farm Mutual Automobile Insurance Company

Greg Hayes

Shawn M Call

Jaime Skaggs

Jacob J Alt

Vicki King

Eric Bellas

Melinda Teresa Magerkurth

Shyam Tummala

Robert Alpine Jennings

Charles H Roscow

Scott Shoop

Amber Nelson-Wolfe

The present methods and systems relate to using and accessing data stored in a blockchain, and in particular, interacting with the blockchain and users to provide bank card activation services using smart contracts. The methods and systems include (1) receiving a credit card application package associated with a credit card, wherein the credit card application package includes credit card information and a set of user information, (2) verifying the credit card information and the set of user information, (3) checking the credit card information and the set of user information against the smart contract stored on the blockchain, wherein the smart contract includes a set of conditions, and (4) activating the credit card when the credit card information and the set of user information satisfy the set of conditions stored in the smart contract.

Blockchain based account activation

The present methods and systems relate to using and accessing data stored in a blockchain, and in particular, interacting with the blockchain and users via smart contracts to handle account funding and distribution methods. The methods and systems include receiving a transaction from a participant, and verifying the transaction, such as by accessing a smart contract stored on the blockchain and checking a set of parameters against a set of conditions stored in the smart contract. Depending on whether the set of parameters satisfy the conditions, the results may be communicated to participants about the success or failure of the transaction.

Blockchain based account funding and distribution

Growing community of inventors

Bloomington, IL, United States of America

Greg Hayes