CPC G06Q 40/08 (2013.01) [G06Q 20/0655 (2013.01); G06Q 2220/00 (2013.01); H04L 9/50 (2022.05)] | 20 Claims |
1. A computer-implemented method of settling a subrogation claim by a shared ledger, the method comprising, via one or more processors, servers, and/or associated transceivers:
generating a subrogation claim smart contract, the subrogation claim smart contract: including a demand for arbitration of the subrogation claim, wherein the arbitration demand includes an identity of an arbitrator; and
deploying the subrogation claim smart contract to a shared ledger maintained by a plurality of participants in a shared ledger network according to a set of consensus rules, the subrogation claim smart contract including a contract state and configured to obtain cryptographically signed evidence from participating entities, determine the cryptographically signed evidence is submitted by one of a plurality of predetermined participating entities, and determine that a transaction by the identified arbitrator includes a proof-of-identity to cryptographically prove that the transaction is submitted by the identified arbitrator.
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