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US Patent 11416926 Intelligent data matching and validation system

Patent 11416926 was granted and assigned to Candor Technology, Inc. on August, 2022 by the United States Patent and Trademark Office.

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Is a
Patent
Patent
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Patent attributes

Patent Applicant
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Candor Technology, Inc.
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Current Assignee
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Candor Technology, Inc.
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Patent Jurisdiction
United States Patent and Trademark Office
United States Patent and Trademark Office
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Patent Number
114169260
Patent Inventor Names
Chad Wille0
Thomas William Showalter0
Date of Patent
August 16, 2022
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Patent Application Number
168036400
Date Filed
February 27, 2020
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Patent Citations
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US Patent 10944563 Blockchain systems and methods for user authentication
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US Patent 10454683 Blockchain systems and methods for user authentication
Patent Primary Examiner
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Frantzy Poinvil
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CPC Code
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G06Q 2220/00
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G06F 16/27
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G06N 3/0472
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G06N 3/08
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H04L 9/3234
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H04L 2209/38
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G06Q 10/10
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G06Q 40/025
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An intelligent data matching and validation system, and associated methods, are disclosed. The system includes various processors, databases, and immutable ledgers for analyzing data such as, but not limited to, loan data. The system leverages intelligent resources such as Bayesian inference networks for determining high correlation events representative of likely outcomes based on data parameters. The system automatically updates the Bayesian inference network's weighted coefficients in response to processing loan data and corresponding target events, such as repurchase requests. The system stores outcomes from the Bayesian inference networks, as well as loan histories and associated loan data, in a ledger that is accessible to third parties via a unique cryptographic token. In one embodiment, the system conducts an intelligent underwriting of a loan or other financial asset, leveraging its access to and ability to interpret and compare data from multiple sources that lead to the intelligent underwriting of a loan.

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