Methods and Systems for Managing Transactions Associated with Vehicles Using a Distributed Ledger

Methods and Systems for Managing Transactions Associated with Vehicles Using a Distributed Ledger

Techniques are described herein for managing transactions associated with vehicles using a distributed ledger maintained by a plurality of participants. An exemplary system includes one or more processors; and a non-transitory computer-readable medium coupled to the one or more processors and storin...

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Bibliographische Detailangaben
Hauptverfasser: Amancha, Steve, Gutierrez, Jose Ivan, LeFebre, Ellakate, Welcome, Anthony, Fields, Brian
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:Techniques are described herein for managing transactions associated with vehicles using a distributed ledger maintained by a plurality of participants. An exemplary system includes one or more processors; and a non-transitory computer-readable medium coupled to the one or more processors and storing instructions thereon. The instructions, when executed by the one or more processors, cause the one or more processors to: (1) receive a transaction listing from a first entity, the transaction listing including (i) entity data corresponding to the first entity, (ii) a non-fungible token (NFT) corresponding to a vehicle, and (iii) an updated state of the vehicle; (2) generate a transaction including a description of the transaction listing; and (3) record the transaction in a distributed ledger. A vehicle identification number (VIN) of the vehicle may be linked to the NFT in the distributed ledger.