U.S. Patent 10943294 was awarded to STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY on March 09, 2021 and is entitled “Continuously monitoring and updating mortgage ready data.” The first named inventor is Benjamin Tarmann of Normal, IL. The abstract contains an overview of the patent disclosure:

A computer-implemented method of continuously updating information about a customer approved for a mortgage, the customer associated with a customer identification number. In one aspect, the method may include monitoring information accessed from a blockchain corresponding to the customer identification number, the information used to determine the customer is approved for a mortgage. In addition, the method may further include receiving new information about the customer, the new information used to determine the customer is approved for a mortgage. Further, the method may include updating a block of the blockchain to include the new information and recalculating the amount in which the customer is approved for a mortgage based upon the new information received. Link to Full Patent

This blockchain patent was originally filed on May 09, 2018  as U.S. Patent Application 15/975184 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10943294. The primary examiner was Scott C Anderson.

STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY, who is the original assignee of this patent, has at least 1288 total granted patents in the United States as of the date of this article. This blockchain patent has been cited 1 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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