FMR LLC (20250022064). Distributed Benefits Coverage Validation Apparatuses, Processes and Systems
Distributed Benefits Coverage Validation Apparatuses, Processes and Systems
Organization Name
Inventor(s)
Michael Hayeck of Chatham MA US
Jennifer Gueldner of Salt Lake City UT US
Christopher Mcgahon of Dublin IE
Kristen Engles of Cohasset MA US
Distributed Benefits Coverage Validation Apparatuses, Processes and Systems
This abstract first appeared for US patent application 20250022064 titled 'Distributed Benefits Coverage Validation Apparatuses, Processes and Systems
Original Abstract Submitted
the distributed benefits coverage validation apparatuses, processes and systems (âdbcvâ) transforms provider info, add provider transaction request, employee subscriber id card data datastructure/inputs via dbcv components into add provider transaction response, benefit coverage validation notification outputs. a benefit coverage validation request datastructure structured to specify subscriber id card data associated with a beneficiary is obtained. a blockchain address of a smart contract associated with the beneficiary is determined via the subscriber id card data. encrypted benefit coverage data associated with the beneficiary is obtained by sending a blockchain transaction to the blockchain address of the smart contract. an encryption key corresponding to the encrypted benefit coverage data is obtained from a key management server. the encrypted benefit coverage data associated with the beneficiary is decrypted with the encryption key. the decrypted benefit coverage data is evaluated to determine a benefit status corresponding to a benefit provided by a provider.
