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.

Date of Patent:
Oct. 03, 2023

Filed:

Feb. 05, 2021
Applicant:

State Farm Mutual Automobile Insurance Company, Bloomington, IL (US);

Inventors:

Benjamin Tarmann, Normal, IL (US);

Richard R. Rhodes, Tacoma, WA (US);

Lokesh Awasthy, Santa Clara, CA (US);

Denise DeRoeck, Bloomington, IL (US);

Jaime Skaggs, Chenoa, IL (US);

Jacob J. Alt, Downs, IL (US);

Shanna L. Phillips, Bloomington, IL (US);

Shyam Tummala, Bloomington, IL (US);

Matthew S. Meierotto, Bloomington, IL (US);

Richard D. Groonwald, Bloomington, IL (US);

Brian J. Hughes, Scottsdale, AZ (US);

Assignee:
Attorney:
Primary Examiner:
Int. Cl.
CPC ...
G06Q 30/02 (2023.01); G06Q 40/03 (2023.01); G06Q 50/16 (2012.01); H04L 9/06 (2006.01); H04L 9/00 (2022.01);
U.S. Cl.
CPC ...
G06Q 40/03 (2023.01); G06Q 30/0278 (2013.01); G06Q 50/16 (2013.01); H04L 9/0637 (2013.01); H04L 9/50 (2022.05);
Abstract

A computer-implemented method of continuously updating information about a customer approved for a mortgage, the customer associated with a customer identification number. In one aspect, the method may include monitoring information accessed from a blockchain corresponding to the customer identification number, the information used to determine the customer is approved for a mortgage. In addition, the method may further include receiving new information about the customer, the new information used to determine the customer is approved for a mortgage. Further, the method may include updating a block of the blockchain to include the new information and recalculating the amount in which the customer is approved for a mortgage based upon the new information received.


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