Patent attributes
Systems and methods are described for generating transactions based upon rideshare data and updating a distributed ledger. The method may include (1) monitoring a distributed ledger for an indication of an accident, the indication of the accident identifying at least a user and a time period; (2) obtaining rideshare data from the distributed ledger, wherein the rideshare data: identifies one or more rideshare companies for which the user offered driving services during the time period, and identifies a phase of a rideshare trip for each rideshare company of the one or more rideshare companies during the time period; (3) obtaining accident data from one or more sensors; and (4) verifying, based upon the rideshare data and the accident data, a controlling party, wherein the controlling party is one of the user or one of the one or more rideshare companies.
