Systems and methods for managing financial transaction information

US12380509B1 · kind B1 · utility

Assignee

• United Services Automobile Association (USAA) · US

Inventors

• Jeanie Graciela Lopez · San Antonio, US
• Bharat Prasad · San Antonio, US
• Joel S. Hartshorn · Port Orchard, US
• Nolan Serrao · Plano, US
• Paula Ann Whittington · Helotes, US
• Thomas Schwarz · Helotes, US
• Minya Liang · San Antonio, US
• Snehal Desai · Richardson, US
• Celena Dortch · San Antonio, US

Key dates

• Filing date: Jul 28, 2023
• Grant date: Aug 5, 2025
• Expiry date: Aug 24, 2043

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q40/12
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A system includes at least one processor and at least one non-transitory computer-readable media communicatively coupled to the at least one processor. In an embodiment, the at least one non-transitory computer-readable media stores instructions which, when executed, cause the processor to perform operations including receiving a request to insure an item of personal property. The operations also include determining ownership of the item based on information stored on a distributed ledger. The operations also include determining authenticity of the item based on the information stored on the distributed ledger. The operations also include determining a value of the item based on the information stored on the distributed ledger. The operations also include generating an insurance policy for the item based at least in part on the ownership, the authenticity, the value, or any combination thereof.