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:
Nov. 12, 2024
Filed:
Jan. 22, 2018
State Farm Mutual Automobile Insurance Company, Bloomington, IL (US);
Melinda Teresa Magerkurth, Utica, IL (US);
Eric Bellas, Bloomington, IL (US);
Jaime Skaggs, Chenoa, IL (US);
Shawn M. Call, Bloomington, IL (US);
Eric R. Moore, Heyworth, IL (US);
Vicki King, Bloomington, IL (US);
Burton J. Floyd, Mackinaw, IL (US);
David Turrentine, Normal, IL (US);
Steven T. Olson, Bloomington, IL (US);
Timothy Caleb Wells, Bloomington, IL (US);
Corin Rebekah Chapman, Bloomington, IL (US);
Edward W. Breitweiser, Bloomington, IL (US);
Robert Gomez, Bloomington, IL (US);
Shelia Cummings Smith, Bloomington, IL (US);
STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY, Bloomington, IL (US);
Abstract
Methods and systems for managing and/or processing a blockchain to maintain data security for confidential and/or personal data are provided. According to certain aspects, the disclosed data security techniques may enable access sharing functionality utilizing the blockchain. The data security techniques disclosed herein also enable the use of smart contracts to transfer funds associated with payment obligations. A node may receive a transaction indicative of a settlement condition of a smart contract being satisfied. Accordingly, the transaction may be compiled into a block of a blockchain and routed to the smart contract. The smart contract may direct a node to transfer funds in accordance with the payment obligations.