{"schema_version":"1.0","canonical_url":"https://patentable.app/patents/US-11288641","patent":{"patent_number":"US-11288641","title":"Vehicle value as a token","assignee":null,"inventors":[],"filing_date":"2019-03-25T00:00:00.000Z","publication_date":"2022-03-29T00:00:00.000Z","cpc_codes":["G06Q","H04L","G06Q","G06Q","G06Q","G06Q","G06Q","G06Q","G07C","G07C","H04L","H04L","H04L","H04L","H04L","G06Q","G07C","H04L"],"num_claims":18,"abstract":"A system and method for tracking and validating value of a vehicle, includes a memory device, a wireless communication device, authentication processor that authenticates the vehicle and generates one or more security keys, and a processor maintaining a token linked to the vehicle that designates the vehicle as a stake. The processor executes instructions to when a condition change event of the vehicle occurs, receive information of a change of state from the vehicle, generate a message including the change of state information, sign the message with a private key, transmit the signed message using the wireless communication device, choosing a node of a blockchain distributed network, evaluating, via the chosen node, the signed message in accordance with distributed contract rules to determine an updated token value and a residual token, and receive and maintain the updated token value and the residual token."},"analysis":{"summary":null,"layman_explanation":null,"technical_analysis":null,"business_analysis":null,"faqs":null,"topics":[],"tech_cluster":null},"seo":{"title":"Vehicle value as a token","description":"A system and method for tracking and validating value of a vehicle, includes a memory device, a wireless communication device, authentication processor that authenticates the vehicle and generates one","keywords":[]},"attribution":{"source":"Patentable","source_url":"https://patentable.app","canonical_url":"https://patentable.app/patents/US-11288641","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-11288641","citation_suggestion":"Patentable. \"Vehicle value as a token\" (US-11288641). https://patentable.app/patents/US-11288641","copyright_holder":"Nomic Interactive Technology LLC"},"links":{"html":"https://patentable.app/patents/US-11288641","json":"https://patentable.app/api/llm-context/US-11288641","site":"https://patentable.app","llms_txt":"https://patentable.app/llms.txt"},"generated_at":"2026-05-30T20:30:26.549Z"}