Today’s Patent – Selection and Configuration of an Automated Robotic Process

The said invention (US11567478B2) was invented by Charles Howard CellaJenna Lynn ParentiTaylor D. Charonpatented by USPTO on 03-02-2020. Currently, it stands assigned to Strong Force Tx Portfolio 2018 LLC.

The current state of lending transaction enablement platforms integrates advanced digital technologies such as blockchain, artificial intelligence (AI), robotic process automation (RPA), and the Internet of Things (IoT). These platforms utilize data-integrated microservices for data collection, monitoring, compliance, and underwriting in lending transactions. Smart contracts and distributed ledgers automate loan-related processes, including ownership management, interest rate adjustments, debt restructuring, and loan marketing. Additionally, social network analytics and crowdsourcing validate collateral conditions and loan guarantees. Furthermore, digital lending platforms incorporate automated rating systems and blockchain-based custodial services, enhancing transparency, efficiency, and regulatory compliance.

This lending platform introduces novel advancements by integrating AI-driven analytics, IoT-based real-time monitoring, and smart contracts for dynamic loan adjustments. It leverages blockchain for secure and automated compliance, underwriting, and transaction execution. The platform enhances financial inclusion by offering adaptive intelligence for loan restructuring, factoring, and brokering. Additionally, the platform pioneers the automated licensing of personality rights using cryptocurrency-based smart contracts, enabling secure transactions between licensors and licensees via distributed ledger technology. These advancements streamline loan management, improve risk assessment, and create innovative financial instruments for modern lending ecosystems.