Systems and methods for fund transfers via blockchain

Number of patents in Portfolio can not be more than 2000

United States of America

PATENT NO 12141328
SERIAL NO

15877027

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Importance

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Abstract

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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.

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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
Bellas, Eric Bloomington, US 108 420
Breitweiser, Edward W Bloomington, US 64 106
Call, Shawn M Bloomington, US 184 4067
Chapman, Corin Rebekah Bloomington, US 24 73
Floyd, Burton J Mackinaw, US 26 74
Gomez, Robert Bloomington, US 39 109
King, Vicki Bloomington, US 146 352
Magerkurth, Melinda Teresa Utica, US 92 513
Moore, Eric R Heyworth, US 94 721
Olson, Steven T Bloomington, US 21 94
Skaggs, Jaime Chenoa, US 153 730
Smith, Shelia Cummings Bloomington, US 18 73
Turrentine, David Normal, US 56 1770
Wells, Timothy Caleb Bloomington, US 19 73

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