Patent ID: 11966992
Assignee: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Field: IT methods for management (Electrical engineering)
Classification: CPC G | IPC G

Claim 9:
10. A system, comprising:
one or more processors; and
a memory storing non-transitory computer executable instructions and configured to interface with the one or more processors, wherein the one or more processors are configured to execute the non-transitory computer executable instructions to cause the system to:
receive first information indicating preferences of a customer for a real estate property, the first information being received from a computing device associated with the customer;
identify a plurality of mortgage ready real estate properties satisfying one or more of the preferences from a blockchain in the memory, wherein the plurality of mortgage ready properties are identified based at least in part on an appraisal value of each identified property being greater than its list price;
determine, second information associated with a property of the plurality of mortgage ready real estate properties, wherein the second information comprises an appraisal value of the property;
verify, using at least a cryptographic key-pair associated with the blockchain, the second information is accurate;
compile a block in the blockchain, wherein compiling the block includes computing a hash value using a cryptographic hash function and assigning the hash value to the block, the compiled block including an association between the property and at least one of the preference;
update the second information based on the hash value to include the association between the property and at least one of the preferences; and
transmit the updated second information to the computing device.