{"schema_version":"1.0","canonical_url":"https://patentable.app/patents/US-11250646","patent":{"patent_number":"US-11250646","title":"System and method for toll transactions utilizing a distributed ledger","assignee":null,"inventors":[],"filing_date":"2020-06-28T00:00:00.000Z","publication_date":"2022-02-15T00:00:00.000Z","cpc_codes":["H04L","H04L","H04L","H04L","H04L"],"num_claims":19,"abstract":"An electronic toll data collection management system comprises a plurality of nodes, wherein at least one of the plurality of nodes is a toll collection point, wherein the toll collection point comprises: a computing system; and a receiver; wherein each of the plurality of nodes has access to a copy of a distributed ledger, wherein the processor of each of the plurality of nodes is configured to: utilize blockchain protocols to verify and record a transaction occurring within the distributed ledger; parse through the blockchain to locate the block containing the transmitted data from the transmitter, de-encrypt the block, and extract the data; and encrypt a new block indicating a debit to an account of an operator of a vehicle, wherein the account is identifiable through the transmitted data from the transmitter."},"analysis":{"summary":null,"layman_explanation":null,"technical_analysis":null,"business_analysis":null,"faqs":null,"topics":[],"tech_cluster":null},"seo":{"title":"System and method for toll transactions utilizing a distributed ledger","description":"An electronic toll data collection management system comprises a plurality of nodes, wherein at least one of the plurality of nodes is a toll collection point, wherein the toll collection point compri","keywords":[]},"attribution":{"source":"Patentable","source_url":"https://patentable.app","canonical_url":"https://patentable.app/patents/US-11250646","license":"CC-BY-4.0-like","license_terms":"AI-generated analysis on this page (summary, layman_explanation, technical_analysis, business_analysis, faqs) may be reused with attribution and a visible link back to the canonical URL above. Patent abstracts, claims, and bibliographic data are USPTO public domain.","required_link":"https://patentable.app/patents/US-11250646","citation_suggestion":"Patentable. \"System and method for toll transactions utilizing a distributed ledger\" (US-11250646). https://patentable.app/patents/US-11250646","copyright_holder":"Nomic Interactive Technology LLC"},"links":{"html":"https://patentable.app/patents/US-11250646","json":"https://patentable.app/api/llm-context/US-11250646","site":"https://patentable.app","llms_txt":"https://patentable.app/llms.txt"},"generated_at":"2026-05-30T22:21:52.872Z"}