View source for 20240037651. CRYPTOGRAPHIC LENDING ASSET TRANSACTION INTELLIGENT NEGOTIATION ASSISTANT SYSTEM AND METHOD THEREOF simplified abstract (Celligence International LLC)

=CRYPTOGRAPHIC LENDING ASSET TRANSACTION INTELLIGENT NEGOTIATION ASSISTANT SYSTEM AND METHOD THEREOF=


==Organization Name==

[[:Category:Celligence International LLC|Celligence International LLC]]


[[Category:Celligence International LLC]]

==Inventor(s)==

[[:Category:Pavan Agarwal of DORADO (PR)|Pavan Agarwal of DORADO (PR)]][[Category:Pavan Agarwal of DORADO (PR)]]

[[:Category:Gabriel Albors Sanchez of SAN JUAN (PR)|Gabriel Albors Sanchez of SAN JUAN (PR)]][[Category:Gabriel Albors Sanchez of SAN JUAN (PR)]]

[[:Category:Jonathan Ortiz Rivera of SAN JUAN (PR)|Jonathan Ortiz Rivera of SAN JUAN (PR)]][[Category:Jonathan Ortiz Rivera of SAN JUAN (PR)]]

==CRYPTOGRAPHIC LENDING ASSET TRANSACTION INTELLIGENT NEGOTIATION ASSISTANT SYSTEM AND METHOD THEREOF - A simplified explanation of the abstract==


This abstract first appeared for US patent application 20240037651 titled 'CRYPTOGRAPHIC LENDING ASSET TRANSACTION INTELLIGENT NEGOTIATION ASSISTANT SYSTEM AND METHOD THEREOF

==Simplified Explanation==

The patent application describes a system and method for providing negotiation assistance to borrowers in a blockchain environment. Here is a simplified explanation of the abstract:

* The system receives input from borrowers through a conversation interface in an application.
* The input is converted to identify borrower information.
* A machine-learning model is applied to the borrower input to determine borrower objectives.
* Based on the borrower objectives, the system generates a lending product recommendation with an explanation for the determination.

Potential Applications:

* Financial institutions can use this system to assist borrowers in securing lending products within a blockchain environment.
* The system can be integrated into existing applications or platforms to provide negotiation assistance to borrowers.

Problems Solved:

* The system solves the problem of borrowers needing assistance in navigating lending products offered by lenders within a blockchain environment.
* It addresses the challenge of converting borrower input into borrower information and determining borrower objectives accurately.

Benefits:

* Borrowers can receive personalized lending product recommendations based on their objectives, improving their chances of securing suitable loans.
* The system automates the process of identifying borrower objectives, saving time and effort for both borrowers and lenders.
* It provides transparency and explanations for lending product determinations, enhancing trust and understanding between borrowers and lenders.


==Original Abstract Submitted==

methods and processes can include negotiation assistance to the borrower in the context of attempting to secure a lending product offered by a lender within a blockchain environment. in some embodiments, the system may receive borrower input within a conversation interface of an application and convert the input to identify borrower information. further, the system may apply a first machine-learning model to the borrower input to determine at least one borrower objective. finally, the system may generate a lending product recommendation including an explanation for the lending product determination.



[[Category:G06Q40/03]]
[[Category:G06Q30/0601]]