US 12,267,429 B2
Digital asset management
Bernardo Moreno, Westlake, OH (US); Shane M. Bigelow, Gates Mills, OH (US); Bo J. Shim, Avon, OH (US); Scott W. Barrett, Valley View, OH (US); Ian P. Lewis, Aurora, OH (US); Daniel F. Crough, Jr., Mentor, OH (US); and Dante Giancola, Brecksville, OH (US)
Assigned to Champ Titles, Inc., Cleveland, OH (US)
Filed by Champ Titles, Inc., Cleveland, OH (US)
Filed on Sep. 3, 2024, as Appl. No. 18/823,271.
Application 18/823,271 is a continuation of application No. 18/425,555, filed on Jan. 29, 2024, granted, now 12,079,824.
Application 18/425,555 is a continuation of application No. 17/542,204, filed on Dec. 3, 2021, granted, now 11,909,881, issued on Feb. 20, 2024.
Application 17/542,204 is a continuation of application No. 16/689,741, filed on Nov. 20, 2019, granted, now 11,223,474, issued on Jan. 11, 2022.
Claims priority of provisional application 62/769,971, filed on Nov. 20, 2018.
Prior Publication US 2024/0430093 A1, Dec. 26, 2024
Int. Cl. G06F 21/00 (2013.01); G06F 16/23 (2019.01); G06Q 30/018 (2023.01); H04L 9/06 (2006.01); H04L 9/32 (2006.01); H04L 9/00 (2022.01)
CPC H04L 9/3213 (2013.01) [G06F 16/2379 (2019.01); G06Q 30/0185 (2013.01); H04L 9/0637 (2013.01); H04L 9/3242 (2013.01); H04L 9/3247 (2013.01); G06Q 2220/00 (2013.01); H04L 9/50 (2022.05)] 20 Claims
OG exemplary drawing
 
1. A method for issuing a title for a vehicle that guards against title washing, the method comprising:
determining a global asset registry ledger (GRL) entry for the title of the vehicle;
obtaining a predictive validation index (PVI) value based on the GRL entry; and
performing a title registration process to register the title of the vehicle based on the PVI value,
wherein the title registration process includes:
instantiating a plurality of smart contracts that commit a transaction for the title of the vehicle;
deploying the plurality of smart contracts by digitally signing the plurality of smart contracts with a cryptographic private key not assigned to a user in response to establishing a proof of claim to the vehicle,
executing the plurality of smart contracts on a title issuance authority blockchain network hosted by an issuance authority based on with proof of attestation policies associated with the vehicle, wherein the executing commits the transaction, and
issuing the title to the vehicle in response to the transaction being committed.