US Patent Issued to STATE FARM MUTUAL AUTOMOBILE INSURANCE on Aug. 12 for "Decentralized identity methods and systems" (Arizona Inventors)

ALEXANDRIA, Va., Aug. 12 -- United States Patent no. 12,387,225, issued on Aug. 12, was assigned to STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY (Bloomington, Ill.).

"Decentralized identity methods and systems" was invented by Veena Vivek (Chandler, Ariz.), EllaKate LeFebre (Mesa, Ariz.) and Stephen Dunstan (Tempe, Ariz.).

According to the abstract* released by the U.S. Patent & Trademark Office: "The present techniques relate to, inter alia, cryptographically-verifiable insurance credentials and cryptographically-verifiable property transfer. The novel methods and systems of decentralized identity discussed herein improve user experience (whether individual or organizational) by moving control over identity from the hands of centralize...