The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Feb. 07, 2023
Filed:
May. 10, 2021
Bank of America Corporation, Charlotte, NC (US);
Sakshi Bakshi, New Delhi, IN;
Siva Kumar Paini, Telangana, IN;
Amod Jha, Telangana, IN;
Amit Kumar Sati, Uttarakhand, IN;
Bank of America Corporation, Charlotte, NC (US);
Abstract
Systems, methods, and apparatus are provided for a dynamic contract payment term ('payterm') generator. A machine learning algorithm may generate a replacement payment term for a contract based on market-based parameters and blockchain metadata for the contract. The blockchain metadata may encode hierarchical interdependencies between contracts using blockchain encryption. The blockchain metadata may be applied to auto-generate machine learning inputs for related contracts having interdependent payment terms. The machine learning inputs may include contract parameters that have been extracted and encrypted as blockchain metadata, as well as market-based parameters extracted from enterprise sources.