Blockchain based account funding and distribution

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 11836723
APP PUB NO 20220351205A1
SERIAL NO

17868527

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Importance

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Abstract

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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.

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Patent Owner(s)

Patent OwnerAddress
STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANYONE STATE FARM PLAZA BLOOMINGTON IL 61710

International Classification(s)

Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Alt, Jacob J Downs, US 120 1401
Bellas, Eric Bloomington, US 96 289
Call, Shawn M Bloomington, US 170 3115
Hayes, Greg Bloomington, US 11 57
Jennings, Robert Alpine Bloomington, US 13 13
King, Vicki Bloomington, US 116 218
Magerkurth, Melinda Teresa Utica, US 82 326
Nelson-Wolfe, Amber Bloomington, US 9 12
Roscow, Charles H Bloomington, US 9 12
Shoop, Scott Heyworth, US 9 12
Skaggs, Jaime Chenoa, US 134 443
Tummala, Shyam Bloomington, US 26 44

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