US 11,928,747 B2
System and method of an automated agent to automatically implement loan activities based on loan status
Charles Howard Cella, Pembroke, MA (US)
Assigned to Strong Force TX Portfolio 2018, LLC, Fort Lauderdale, FL (US)
Filed by Strong Force TX Portfolio 2018, LLC, Fort Lauderdale, FL (US)
Filed on Feb. 4, 2022, as Appl. No. 17/592,929.
Application 17/592,929 is a continuation of application No. 16/806,495, filed on Mar. 2, 2020, granted, now 11,501,367.
Application 16/806,495 is a continuation of application No. 16/803,387, filed on Feb. 27, 2020, granted, now 11,610,261.
Application 16/803,387 is a continuation of application No. PCT/US2019/058647, filed on Oct. 29, 2019.
Application PCT/US2019/058647 is a continuation in part of application No. PCT/US2019/030934, filed on May 6, 2019.
Application PCT/US2019/058647 is a continuation in part of application No. PCT/US2019/030934, filed on May 6, 2019.
Claims priority of provisional application 62/843,992, filed on May 6, 2019.
Claims priority of provisional application 62/843,455, filed on May 5, 2019.
Claims priority of provisional application 62/843,456, filed on May 5, 2019.
Claims priority of provisional application 62/818,100, filed on Mar. 13, 2019.
Claims priority of provisional application 62/787,206, filed on Dec. 31, 2018.
Claims priority of provisional application 62/751,713, filed on Oct. 29, 2018.
Claims priority of provisional application 62/667,550, filed on May 6, 2018.
Prior Publication US 2022/0164879 A1, May 26, 2022
Int. Cl. G06Q 50/00 (2012.01); G06F 9/46 (2006.01); G06F 9/54 (2006.01); G06F 16/23 (2019.01); G06F 16/27 (2019.01); G06F 18/22 (2023.01); G06F 18/23 (2023.01); G06F 18/241 (2023.01); G06N 3/042 (2023.01); G06N 3/08 (2023.01); G06N 5/04 (2023.01); G06N 20/00 (2019.01); G06Q 10/0639 (2023.01); G06Q 10/10 (2023.01); G06Q 20/40 (2012.01); G06Q 30/018 (2023.01); G06Q 30/02 (2023.01); G06Q 30/0201 (2023.01); G06Q 30/0207 (2023.01); G06Q 30/0208 (2023.01); G06Q 40/03 (2023.01); G06Q 40/08 (2012.01); G06Q 50/18 (2012.01); G06Q 50/26 (2012.01); G06V 10/762 (2022.01); G16Y 10/50 (2020.01); G16Y 40/10 (2020.01); H04L 9/06 (2006.01); G06Q 40/04 (2012.01)
CPC G06Q 50/01 (2013.01) [G06F 9/466 (2013.01); G06F 9/543 (2013.01); G06F 16/2379 (2019.01); G06F 16/27 (2019.01); G06F 18/22 (2023.01); G06F 18/23 (2023.01); G06F 18/241 (2023.01); G06N 3/042 (2023.01); G06N 3/08 (2013.01); G06N 5/04 (2013.01); G06N 20/00 (2019.01); G06Q 10/0639 (2013.01); G06Q 10/10 (2013.01); G06Q 20/405 (2013.01); G06Q 30/018 (2013.01); G06Q 30/0201 (2013.01); G06Q 30/0206 (2013.01); G06Q 30/0208 (2013.01); G06Q 30/0215 (2013.01); G06Q 30/0278 (2013.01); G06Q 40/03 (2023.01); G06Q 40/08 (2013.01); G06Q 50/18 (2013.01); G06Q 50/188 (2013.01); G06Q 50/26 (2013.01); G06V 10/762 (2022.01); G16Y 10/50 (2020.01); G16Y 40/10 (2020.01); H04L 9/0637 (2013.01); G06Q 40/04 (2013.01); G06Q 2220/18 (2013.01)] 10 Claims
OG exemplary drawing
 
1. A system comprising:
at least one processor; and
a memory device storing an application that adapts the at least one processor to:
interpret loan data relating to a loan and collateral data relating to one or more items of collateral for the loan;
determine, via a valuation model, a value of the loan based at least in part on the loan data and the collateral data, wherein the valuation model is trained on one or more sets of determined loan valuations and corresponding items of collateral; and
instantiate a smart contract that manages repayment of the loan, wherein the smart contract is configured to:
interpret sensor data relating to the one or more items of collateral during a repayment period of the loan;
selectively adjust the value of the loan based at least in part on the sensor data and the valuation model;
generate a block containing data corresponding to the adjusted value of the loan;
generate a hash value of the block; and
link the block to a blockchain via the hash value.