EVIDENCE ORACLES

Systems and methods are disclosed with respect to using a blockchain for managing the subrogation claim process related to a vehicle collision, in particular, utilizing evidence oracles as part of the subrogation process. An exemplary embodiment includes receiving recorded data from one or more conn...

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Bibliographische Detailangaben
Hauptverfasser: McCullough, Stacie A, Clayton, Wendy H, Flesher, Kim E, Runge, Travis Charles, Magerkurth, Melinda Teresa, McCoy, Anthony, Skaggs, Jaime, Call, Shawn M, Leise, William J, Graff, Douglas A
Format: Patent
Sprache:eng
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Beschreibung
Zusammenfassung:Systems and methods are disclosed with respect to using a blockchain for managing the subrogation claim process related to a vehicle collision, in particular, utilizing evidence oracles as part of the subrogation process. An exemplary embodiment includes receiving recorded data from one or more connected devices at a geographic location; analyzing the recorded data, wherein analyzing the recorded data includes determining that an collision has occurred involving one or more vehicles; generating a transaction including the data indicative of the collision based upon the analysis; and transmitting the transaction to at least one other participant in the distributed ledger network.