Invention Grant
- Patent Title: Systems and methods for trigger based synchronized updates in a distributed records environment
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Application No.: US15789483Application Date: 2017-10-20
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Publication No.: US10679221B1Publication Date: 2020-06-09
- Inventor: Jennifer Rutley , Abigail Jennings O'Malley
- Applicant: MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY
- Applicant Address: US MA Springfield
- Assignee: Massachusetts Mutual Life Insurance Company
- Current Assignee: Massachusetts Mutual Life Insurance Company
- Current Assignee Address: US MA Springfield
- Agency: Foley & Lardner LLP
- Main IPC: G06F16/00
- IPC: G06F16/00 ; G06Q30/00 ; G06F16/951 ; G06F16/583 ; G06Q40/08

Abstract:
A computerized system and method may include, in response to receiving a blockchain via a communications network that includes information associated with an event, parsing, by a blockchain parsing engine being executed by a blockchain node, the information to identify a status state of an item related to the event. The blockchain may be inclusive of the information along with the status state of the item may be stored in a storage unit. An event tracking engine may determine from the parsed information that the status state of the item transitioned from a first state to a second state. Responsive to the event tracking engine determining that a qualifying state is satisfied by the item being in the second state, automatically executing, by the blockchain node, a smart code inclusive of initiating communications between a first party and a second party.
Information query