U.S. Patent 10783589 was awarded to International Business Machines Corporation Armonk, New York on September 22, 2020 and is entitled “Detection of abnormal estimates.” The first named inventor is Kohtaroh Miyamoto of Tokyo, . The abstract contains an overview of the patent disclosure:

An example operation may include one or more of receiving, by a participating peer, an accident certificate associated with a claim, extracting, by the participating peer, an accident type data from the accident certificate, receiving, by the participating peer, a repair estimate associated with the accident certificate, the repair estimate containing a value and repair steps, executing, by the participating peer, a smart contract to obtain from a blockchain an average value and a standard deviation for the value of the repair estimate based on the accident type data, subtracting, by the participating peer, the average value from the value of the repair estimate and dividing a subtraction result by the standard deviation to obtain a deviation of the value of the repair estimate, and in response to the deviation of the value of the repair estimate exceeding a threshold value, declining the repair estimate for the claim by the participating peer. Link to Full Patent

This blockchain patent was originally filed on November 03, 2018  as U.S. Patent Application 16/179910 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10783589. The assistant examiner was Raven E Zeer.

International Business Machines Corporation Armonk, New York, who is the original assignee of this patent, has at least 10 total granted patents in the United States as of the date of this article. This blockchain patent has been cited 0 times by other U.S. patents according to our law firm research, and can be considered an innovative patent in the field of cryptocurrency and blockchain.

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