State Farm Mutual Automobile Insurance Company (20240331055). SYSTEMS AND METHODS FOR MAINTAINING A DISTRIBUTED LEDGER OF TRANSACTIONS PERTAINING TO AN AUTONOMOUS VEHICLE simplified abstract

SYSTEMS AND METHODS FOR MAINTAINING A DISTRIBUTED LEDGER OF TRANSACTIONS PERTAINING TO AN AUTONOMOUS VEHICLE

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 Dunwoody 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 OF TRANSACTIONS PERTAINING TO AN AUTONOMOUS VEHICLE - A simplified explanation of the abstract

This abstract first appeared for US patent application 20240331055 titled 'SYSTEMS AND METHODS FOR MAINTAINING A DISTRIBUTED LEDGER OF TRANSACTIONS PERTAINING TO AN AUTONOMOUS VEHICLE

The abstract describes methods and systems for maintaining a distributed ledger and/or blockchain of transactions and events related to autonomous vehicles and smart contracts. Processors monitor sensors on autonomous vehicles to detect changes in vehicle conditions, generate transactions describing these changes, and transmit them to an enforcement server to maintain an up-to-date ledger.

• Sensors on autonomous vehicles are monitored to detect changes in vehicle conditions.
• Transactions are generated based on the detected changes and transmitted to an enforcement server.
• The transactions contribute to maintaining an up-to-date ledger of autonomous vehicle and smart contract transactions and events.

Potential Applications: - Autonomous vehicle management systems - Smart contract monitoring and enforcement platforms - Supply chain and logistics tracking for autonomous vehicles

Problems Solved: - Ensuring accurate and secure record-keeping of autonomous vehicle operations - Facilitating real-time monitoring and enforcement of smart contracts - Enhancing transparency and accountability in autonomous vehicle transactions

Benefits: - Improved safety and efficiency in autonomous vehicle operations - Enhanced compliance with smart contract terms and conditions - Streamlined record-keeping and auditing processes for autonomous vehicles

Commercial Applications: Title: "Autonomous Vehicle Ledger Management System" This technology can be utilized by autonomous vehicle manufacturers, fleet operators, and smart contract developers to enhance operational efficiency, compliance, and transparency in their operations. The market implications include increased trust in autonomous vehicle systems and improved regulatory compliance.

Prior Art: Readers can explore prior research on distributed ledger technology, blockchain applications in transportation, and smart contract monitoring systems to gain insights into related technologies and developments in the field.

Frequently Updated Research: Researchers may find updated studies on blockchain integration in autonomous vehicles, real-time monitoring systems for smart contracts, and advancements in sensor technology for autonomous vehicle operations.

Questions about Autonomous Vehicle Ledger Management System: 1. How does this technology ensure the security and integrity of the ledger data? 2. What are the potential challenges in implementing this system across a large fleet of autonomous vehicles?

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 are provided. one or more processors may monitor one or more sensors associated with an autonomous vehicle. based upon the outputs of the sensors, a change in condition of the autonomous vehicle may be detected. the condition may relate to operation, or an operational state of the vehicle and/or a condition associated with a smart contract. the processors may generate a transaction describing the detected change in the condition of the vehicle. the transaction may be transmitted to an enforcement server. as a result, an up-to-date ledger of autonomous vehicle and/or smart contract transactions and/or events may be maintained.