20240037667. SYSTEMS AND METHODS FOR MAINTAINING A DISTRIBUTED LEDGER PERTAINING TO AUTONOMOUS VEHICLES simplified abstract (STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY)

SYSTEMS AND METHODS FOR MAINTAINING A DISTRIBUTED LEDGER PERTAINING TO AUTONOMOUS VEHICLES

Organization Name

STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY

Inventor(s)

Matthew L. Floyd of Alpharetta GA (US)

Alvin Hon-Wai Yu of Johns Creek GA (US)

Antwuan Murphy of Riverdale GA (US)

Brittney Benzio of Atlanta GA (US)

Lindsi Brantley of Atlanta GA (US)

Matthew S. Delaney of Alpharetta GA (US)

Matthew Vulich of Marietta GA (US)

Matthew S. Rodriguez of Dunwooy GA (US)

Neha Goel of Atlanta GA (US)

Sabrina Collins of Woodstock GA (US)

Annie Pudlo Murillo of Roswell GA (US)

SYSTEMS AND METHODS FOR MAINTAINING A DISTRIBUTED LEDGER PERTAINING TO AUTONOMOUS VEHICLES - A simplified explanation of the abstract

This abstract first appeared for US patent application 20240037667 titled 'SYSTEMS AND METHODS FOR MAINTAINING A DISTRIBUTED LEDGER PERTAINING TO AUTONOMOUS VEHICLES

Simplified Explanation

The patent application describes methods and systems for maintaining a distributed ledger or blockchain of transactions and events related to autonomous vehicles and smart contracts. An enforcement server receives indications of transactions and events generated by autonomous vehicles, which include trigger conditions and decision conditions associated with smart contracts. The enforcement server routes the transaction to the appropriate smart contract to determine if a trigger condition has been satisfied. When a trigger condition is met, the enforcement server automatically enforces the smart contract or updates the distributed ledger.

• The patent application focuses on maintaining a distributed ledger or blockchain for transactions and events related to autonomous vehicles and smart contracts.
• An enforcement server receives transactions and events from autonomous vehicles, including trigger conditions and decision conditions associated with smart contracts.
• The enforcement server routes transactions to the relevant smart contract to check if a trigger condition has been satisfied.
• If a trigger condition is met, the enforcement server automatically enforces the smart contract or updates the distributed ledger.

Potential Applications:

• Autonomous Vehicle Technology: The technology can be applied to record events associated with autonomous and semi-autonomous vehicle technology, such as transitioning between manual and autonomous control.
• Smart Contracts: The system can enforce smart contracts automatically based on trigger conditions, ensuring contractual obligations are met without human intervention.

Problems Solved:

• Lack of Automation: The technology solves the problem of manually enforcing smart contracts by automating the process based on trigger conditions.
• Transparency and Accountability: The distributed ledger ensures transparency and accountability by recording all transactions and events related to autonomous vehicles and smart contracts.

Benefits:

• Efficiency: The automation of smart contract enforcement reduces the need for manual intervention, saving time and resources.
• Accuracy: The system accurately determines if trigger conditions have been satisfied, ensuring the correct enforcement of smart contracts.
• Transparency: The distributed ledger provides a transparent and immutable record of all transactions and events, enhancing trust and accountability.

Original Abstract Submitted

methods and systems for maintaining a distributed ledger and/or blockchain of transactions and/or events pertaining to autonomous vehicles and/or smart contracts. an enforcement server may receive indications of transactions and/or events generated by one or more autonomous vehicles. the transactions and/or events may include information relating to a trigger condition and/or a decision condition associated with one or more smart contracts. the enforcement server may route the transaction to the appropriate smart contract to determine whether a trigger condition has been satisfied. when a trigger condition is satisfied, the enforcement server may automatically perform an action to enforce the smart contract and/or update the distributed ledger. in some aspects, the distributed ledger may record events associated with autonomous and semi-autonomous vehicle technology or system usage, including events associated with transitioning between manual and autonomous control, or vice versa, of one or more autonomous or semi-autonomous vehicles.