Patent ID: 11908019
Assignee: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Field: Digital communication (Electrical engineering)
Classification: CPC G  H | IPC G  H

Claim 13:
14. A computer system for interacting with a distributed ledger, the system comprising:
a network interface configured to interface with one or more processors;
a memory configured to store non-transitory computer executable instructions and configured to interface with the one or more processors; and
the one or more processors configured to interface with the memory, wherein the one or more processors are configured to execute the non-transitory computer executable instructions to cause the one or more processors to:
monitor transactions on the distributed ledger;
identify a transaction related to a subrogation claim;
analyze the transaction related to the subrogation claim;
generate a recommended subrogation resolution using a machine learning algorithm including determining a subrogation amount for an at-fault insurer, and a not-at-fault insurer;
transmit a transaction including the recommended subrogation resolution to a smart contract stored on the distributed ledger; and
identify a subrogation claimant with a first cryptographic public key, and identify a subrogation defendant with a second cryptographic public key; and, subsequently, send data including a message signed by private keys corresponding to the first and second public keys identifying the subrogation claimant and the subrogation defendant in the smart contract.