Patent ID: 11935050
Assignee: CAPITAL ONE SERVICES, LLC
Field: Computer technology (Electrical engineering)
Classification: CPC G | IPC G

Claim 14:
15. A non-transitory machine-readable medium storing instructions that, when executed, cause a computing device to:
receive a first transaction comprising a first expense category associated with the first transaction, wherein the first expense category is determined by accounting software;
determine, by at least one participating node of a blockchain and using a machine learning model trained to identify an expense category associated with a transaction based on transaction data stored in the blockchain, a second expense category for the first transaction, wherein the second expense category is determined using at least one of: a merchant associated with the first transaction, an amount associated with the first transaction, a product identification associated with the first transaction, or a service identification associated with the first transaction;
select, based on a consensus of a plurality of participating nodes of the blockchain, the second expense category for the first transaction;
determine whether the first expense category, determined by the accounting software, matches the second expense category, determined using the machine learning model;
generate a notification that the first expense category does not match the second expense category determined by the plurality of participating nodes of the blockchain;
create, based on a determination that the first expense category does not match the second expense category, a new category for the first transaction, wherein the new category is based on the second expense category;
categorize, using the new category, the first transaction; and
provide, via a feedback loop and based on categorizing the first transaction using the new category, the first transaction and the new category to the machine learning model, wherein the first transaction and the new category are used to retrain the machine learning model to identify transaction associated with the new category.