U.S. Patent 10824759 was awarded to STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY on November 03, 2020 and is entitled “Systems and methods for verifying agent sales data via blockchain.” The first named inventor is David Turrentine of Normal, IL. The abstract contains an overview of the patent disclosure:

Methods and systems for processing a blockchain comprising a plurality of immutable sales records corresponding to sales made by agents of an entity are provided. According to certain aspects, a transaction request indicating a sale made by an agent of the entity may be received at a first node. A block including a sales record indicating the sale made by the agent may be added to a blockchain and transmitted to another node for validation. The first node may add the block to a copy of the blockchain, where the block may be identified by a hash value that references a previous block in the blockchain that includes at least one additional sales record. Link to Full Patent

This blockchain patent was originally filed on January 22, 2018  as U.S. Patent Application 15/877122 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10824759. The primary examiner was Morshed Mehedi.

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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