G06Q20/0655

Blockchain subrogation claims with arbitration

A shared ledger operated by a group of network participants according to a set of consensus rules manages and resolves subrogation claims between a clamant and a defendant with arbitration. Evidence regarding the value of the subrogation claim is sent to the shared ledger by the parties to the subrogation claim, such as sending data to a smart contract deployed on the shared ledger. The parties to the claim may request arbitration, especially after attempts to settle the claim on-chain between the two parties have failed. An arbitrator may request evidence from the parties and/or request responses from the parties to accept damages calculations and/or settlement offers. Once the claim is resolved, the arbitrator may release funds on the chain to the prevailing party or may accept confirmation that any payments have been made between the parties off-chain.

STORING AND RETRIEVING DATA ASSOCIATED WITH AN ASSET
20230230080 · 2023-07-20 ·

Some embodiments of the present disclosure relate to a computer implemented method of storing data associated with an asset on a blockchain. Other embodiments relate to a computer implemented method of retrieving data associated with an asset that is stored on a blockchain. The methods are performed on a blockchain node of a blockchain network.

Signature verification using blockchain
11706035 · 2023-07-18 · ·

A package management system to initiate a transaction in a blockchain system. The transaction comprises an indication of the signature for the software package and is to be stored in a blockchain. The package management system distributes the software package to a computing device with an indication of a location of the signature in the blockchain.

Determining base limit values for contacts based on inter-network user interactions

The disclosure describes embodiments of systems, methods, and non-transitory computer readable storage media that increase a base limit value for a contact based on a user interaction with a graphical user interface. Generally, the disclosed system provides a graphical user interface for display to a user that includes base limit increase elements to increase base limit values for contacts of the user. Based on user selection of a base limit increase element, the disclosed system can provide an increased base limit value to an account associated with the contact.

System and Method for asset backed crypto-currency to be used as a payment method through the issue of convertible blockchain-tokens, issued to a person who provides their personal data
20230222489 · 2023-07-13 ·

The present invention is a novel system and method for coding, programming and administering a cryptocurrency platform.

SYSTEM FOR BLOCKCHAIN-BASED VIRTUAL CURRENCY MEDIATION AND DISTRIBUTION, ACCORDING TO POINT RETURN
20230016032 · 2023-01-19 ·

Proposed is a blockchain-based virtual currency intermediation and distribution system according to a point return, which can calculate, at a set rate, the amount of return for points that are given or paid offline or online for a user's product purchase or service use, and either convert the calculated amount of point return into a cash currency stepwisely, or convert the calculated amount of point return into a virtual currency recordable on a blockchain according to accumulated points, thereby securing stability and complementarity to support virtual currency transactions.

METHOD, TERMINAL, AND COIN REGISTER FOR TRANSMITTING ELECTRONIC COIN DATA SETS
20230222509 · 2023-07-13 ·

A first security element is for transmitting an electronic coin data set to a second security element. The electronic coin data set is registered in a coin register of a payment system. The method has the steps of: setting a status of the electronic coin data set from the security element to an inactive status; transmitting the electronic coin data set from the first security element to the second security element; checking whether a receipt confirmation from the second security element has been received in the first security element; and deleting the transmitted electronic coin data set if the checking step results in that the receipt confirmation has been obtained by the first security element. The aforementioned relates to a payment system, a coin register, a security element, and a terminal for transmitting electronic coin data sets.

Geocoding Geocode Datasets in Know Your Customer Blockchain Data Blocks for Spatial Analytical Risk Modeling
20230020845 · 2023-01-19 ·

Aspects of the disclosure relate to geocoding geocode datasets in KYC blockchain data blocks for spatial analytical risk modeling. In some embodiments, a computing platform may receive a client request to initiate a transaction with an enterprise organization. Using financial documentation and identification documentation associated with the client request, the computing platform may generate geocode coordinates and may identify a series of geographic risk factors. The computing platform may translate the geocode coordinates and the geographic risk factors into analytical overlays. The computing platform may stack the analytical overlays to generate an interactive spatial risk analysis model. The enterprise organization may use the interactive spatial analytical risk model to analyze the client request, and to determine whether to approve or deny the client request.

DIGITAL CURRENCY AND A SYSTEM AND METHOD FOR TRANSFERRING VALUE USING THE DIGITAL CURRENCY
20230013115 · 2023-01-19 ·

A digital currency whose value is tied to a fiat currency or other thing of value is created in a participant's member account by the participant depositing a fiat currency or other thing of value in a common trust account maintained by a financial institution, and in which a plurality of participants make such deposits. A central authority maintains member accounts for the participants and credits to a participant's member account an international monetary unit (“IMU”) which reflects the value of each deposit that participant makes into the common deposit account. The value of a participants IMU or IMUs is thus determined by the amount which the participant deposits in the trust account. The IMUs may be transferred between participants and the transferred IMU may be denominated in selected sovereign currencies. Alternatively, a transferee participant may redeem an IMU for value, e.g., for a fiat currency, in which case the IMU is retired.

COMPUTATION OF AN AMOUNT OF CRYPTO CURRENCY TOKENS FOR USE IN CREATION AND/OR ANNULMENT PROCEDURE
20230222458 · 2023-07-13 ·

A computer-implemented method for maintaining crypto tokens of a first type. A creation and annulment procedure are implemented that may integrate a bonding curve and a fee term starting from the current supply size to a new supply size to determine an amount of crypto tokens of a second type. A creation request for creating crypto tokens of the first type may indicate a second amount of second type crypto tokens. A corresponding amount of first type crypto tokens may be computed by estimating the first amount.