U.S. Patent 10719501 was awarded to STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY on July 21, 2020 and is entitled “Systems and methods for analyzing vehicle sensor data via a blockchain.” The first named inventor is Vicki King of Bloomington, IL. The abstract contains an overview of the patent disclosure:

The present embodiments relate to systems and methods for using a blockchain to record information related to processes and services in the vehicle industry. The systems and methods may include (1) receiving an indication of vehicle being involved a vehicle collision and a vehicle VIN; (2) accessing, at a memory, a loss history blockchain associated with the vehicle using the VIN as a key; (3) receiving vehicle sensor data generated or collected prior to, during, and/or after the vehicle collision; (4) creating a block to add to the loss history blockchain that includes the vehicle sensor data, or otherwise updating the loss history blockchain with the vehicle sensor data associated with the vehicle collision; (5) analyzing the vehicle sensor data to reconstruct the vehicle collision; and/or (6) updating the loss history blockchain to include and/or indicate the reconstructed vehicle collision by including the created block. Link to Full Patent

This blockchain patent was originally filed on March 02, 2018  as U.S. Patent Application 15/910141 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10719501. The primary examiner was Dung K Chau.

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 2 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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