System for Processing Insurance Transactions

System for Processing Insurance Transactions

An insurer processing server receives and electronically stores an encrypted insurance policy for a customer with a unique identifier covering a plurality of predefined services. The server monitors the distributed electronic ledger and detects a customer service request for a customer from a provid...

Ausführliche Beschreibung

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Bibliographische Detailangaben
Hauptverfasser: Ham, Yu, Crooks, Matt, Wales, Mark
Format: Patent
Sprache:eng
Schlagworte:
CALCULATING
COMPUTING
COUNTING
DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES
PHYSICS
SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR
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Beschreibung
Zusammenfassung:An insurer processing server receives and electronically stores an encrypted insurance policy for a customer with a unique identifier covering a plurality of predefined services. The server monitors the distributed electronic ledger and detects a customer service request for a customer from a provider with whom that insurer has an encrypted agreement. Upon identification in an insurance policy for the specified customer of coverage for the specified services, an encrypted approval transaction is appended to the distributed electronic ledger.