US Patent Issued to STATE FARM MUTUAL AUTOMOBILE INSURANCE on July 15 for "Blockchain rideshare data aggregator solution" (Illinois Inventors)

ALEXANDRIA, Va., July 16 -- United States Patent no. 12,359,926, issued on July 15, was assigned to STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY (Bloomington, Ill.).

"Blockchain rideshare data aggregator solution" was invented by Justin Davis (Normal, Ill.) and Ryan Gammelgard (Bloomington, Ill.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods are described for generating transactions based upon rideshare data and updating a distributed ledger. The method may include (1) identifying one or more rideshare companies for which a user offers driving services during a time period; (2) for each of the one or more rideshare companies, identifying a phase of a rideshare trip in which the user is ...