United Services Automobile Association (San Antonio, TX)
Methods, systems and devices to access electronic contracts that include a provision that can be verified using remote control. Instructions sent to remote devices which allow remote devices to access data to verify whether the contract was completed. Based on the data, determining that at most a portion has been completed. After finding that at least part of the provision is being fulfilled, it causes a term of the electronic contract to be executed at least in part.
Smart contracts can be utilized to control or implement the performance of parties with respect to internet-based processes. Smart contracts could be referred to as digital contracts, self-executing contracts and contracts. Smart contracts, like they can set rules and penalties that are based on internet0centric agreements between the parties that are similar to traditional paper contracts. For example, smart contracts can be used to monitor transfer and use of cryptocurrency.Improvements to smart contracts that permit verification of physical actions are desirable.
Implementations of the present disclosure are typically focused on methods and systems for verifying the implementation of electronic contract provisions by using remote electronic devices or for triggering the implementation of electronic contract provisionsusing remote electronic devices. More specifically, implementations obtain information from an electronic contract indicating that the execution of one or more provisions of the contract can be verified by data obtained from a remote electronic device.Implementations can determine the data required to verify execution of the provision(s). In some instances servers, the system will direct the remote device to collect the necessary data to verify the execution of the provision(s) of the electronic contract. Based on the verification data received by the remote electronic device, the contract can be executed automatically.
In general, the novel elements of the subject matter discussed in this specification may be realized in techniques that include the actions of getting access to an electronic contract that includes the provision of verification through control of a remotedevice. The remote device is sent to check if the condition in an electronic contract has been performed. Based on the data finding that at least part of the provision is completed. If at least a portion has been fulfilled, the electronic contract term will be executed at least in part. This feature can also be achieved using similar systems, devices, and computer programs designed to implement the techniques stored in computer storage devices. These and other implementations can each optionally include one or more of the following features.
In certain implementations the remote device may be an IoT device.
In some implementations, the instructions provide commands to control the remote device within a timeframe in which the provision is expected to be executed.
Some implementations allow remote devices to record video and images within the timeframe for which is allowed by the provider.
Some implementations allow the electronic contract term to be at most partially completed by performing an order for payment in response to verification of execution of the agreement using remote device data.
Certain implementations permit the storage of remote information that can verify that the contract was executed and also the electronic contract.
In some implementations electronic contracts, they include the blockchain and the process of storing information on a remote device involves adding the data as a block to the blockchain.
Image analysis of remote data can be used to determine if at the very least a portion of the procedure was carried out in some cases.
Image analysis of remote data is a way to establish whether at least a portion of the provision has been carried out in some circumstances.
Some implementations allow the electronic contract to be at most partially fulfilled. This can be done by confirming that the contract is executed in part and executing the payment in part.
In certain implementations that require the contract to be at least partially executed means sending to a device connected with a person who is responsible for execution of the contract, a request to reschedule execution of the contract after determining that the provision is only partially executed based on the information received by the remote device.
In some cases, the fulfillment of the contract’s terms electronic contract triggers a different clause of the contract electronically, this second provision is observable via control of a second remote device.
Some implementations require sending commands to a remote device which will cause the second remote to be notified indicative of whether the second provision of the electronic agreement was satisfied. Based on the information received from the second distant device, the second remote to execute a second term.
In certain implementations, the execution of the contract’s terms electronic contract triggers a provision of a distinct electronic contract.
Implementation includes sending instructions to remote devices to execute the provisions of the second contract.
Each of these implementations may offer several advantages. In some instances, implementations of the disclosed disclosure can improve the performance of smart contracts. For example, implementations may provide processes for automaticallygathering evidence of completion of a smart contract provision using IoT devices. Smart contracts could be more secure through implementations. Implementations can, for instance, store evidence that a contract was executed in distributed ledgers (e.g. Blockchains). Implementations connect smart contracts with IoT devices that can verify the execution of contracts. Implementations link smart contract to IoT devices capable of automatically executing the terms of a contract.
The specifics of one or more embodiments of the subject matter described in this specification are described in the accompanying drawings and the following description. Other aspects, features and benefits of the subject matter becomeapparent from the description, the drawings as well as the claims.
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A patent is granted by the government in order to protect an invention. The patent grants the inventor the sole rights to create, use and market the idea. Society benefits when technology that is new is brought to the market. These benefits may be directly realized by people who are able to accomplish feats previously unattainable as well as indirectly through the opportunities for economic growth that innovation offers (business expansion, job creation).
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Patent searches are the initial step in obtaining your patent. You can do a google patent search or do a USPTO search. Patent-pending is the name used to describe the product that has been protected by the patent application. You can use the public pair to locate the patent application. When the patent office is satisfied with your application, you’ll be able to conduct an examination of the patent number to locate the issued patent. Your product now has the potential to be patentable. In addition to the USPTO search engine, you may also use other search engines like espacenet, which is described below. For assistance, consult a patent lawyer. Patents granted in the United States are granted by the US trademark and patent office or the United States patent office. The office also examines trademark applications.
Interested in finding more similar patents? These are the steps:
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- Korean Intellectual Property Rights Information Service (KIPRIS)
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