18616149. DATA RETRIEVAL AND VALIDATION FOR ASSET ONBOARDING simplified abstract (TRETE Inc.)

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DATA RETRIEVAL AND VALIDATION FOR ASSET ONBOARDING

Organization Name

TRETE Inc.

Inventor(s)

Damien Patton of Plano TX (US)

Christian Gratton of Eaton Rapids MI (US)

DATA RETRIEVAL AND VALIDATION FOR ASSET ONBOARDING - A simplified explanation of the abstract

This abstract first appeared for US patent application 18616149 titled 'DATA RETRIEVAL AND VALIDATION FOR ASSET ONBOARDING

The abstract of the patent application describes a computer-implemented method that involves collecting data associated with an asset, creating identifiers for the data, collecting a second set of data based on the identifiers, comparing the two sets of data, determining validation based on the comparison, and generating a result of approval or rejection.

  • Simplified Explanation:

- Collect data associated with an asset - Create identifiers for the data - Collect a second set of data based on the identifiers - Compare the two sets of data - Determine validation based on the comparison - Generate a result of approval or rejection

  • Key Features and Innovation:

- Use of artificial intelligence module to collect and analyze data - Creation of identifiers to facilitate comparison and validation process - Automated approval or rejection based on data comparison

  • Potential Applications:

- Asset management - Data validation and verification - Risk assessment in financial transactions

  • Problems Solved:

- Streamlining data validation process - Improving accuracy and efficiency in asset management - Reducing manual effort in comparing large sets of data

  • Benefits:

- Faster decision-making process - Improved data accuracy and reliability - Cost savings through automation

  • Commercial Applications:

- Financial institutions for risk assessment - Real estate companies for asset management - Insurance companies for claims processing

  • Questions about the Technology:

1. How does the use of artificial intelligence improve the data validation process? 2. What are the potential implications of automated approval or rejection in asset management?

  • Frequently Updated Research:

- Stay updated on advancements in artificial intelligence for data analysis - Monitor developments in asset management technology for potential improvements.


Original Abstract Submitted

In certain aspects of the disclosure, a computer-implemented method includes collecting, via an artificial intelligence module, a first set of data associated with an asset and creating identifiers associated with the first set of data. The method includes collecting a second set of data associated with the asset based on the identifiers and comparing the first set of data and the second set of data based on the identifiers. The method includes determining validation of the first set of data based on the comparison and generating a result of approval or rejection based on the comparison.

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