DISTRIBUTED LEDGER SYSTEM FOR ASSET MANAGEMENT AND CORRESPONDING INSURANCE APPLICATIONS
Various embodiments provide an asset management distributed ledger system for capturing, storing, and providing access to asset information/data. For example, asset information/data and/or an evaluation value corresponding to an IP asset may be accessed from a distributed ledger of a distributed ledger system. The asset information/data and/or evaluation value may be leveraged to perform one or more tasks corresponding to an insurance policy related to (e.g., covering) the IP asset.
1 . A method comprising:
receiving and recording, by one or more node computing entities, asset information/data in a distributed ledger of a distributed ledger system, the asset information/data corresponding to an IP asset;
providing, by one or more node computing entities, asset information/data for use in determining an evaluation value of the IP asset;
recording, by the one or more node computing entities, the evaluation value of the IP asset to the distributed ledger;
providing, by the one or more node computing entities, at least a portion of the asset information/data and/or the evaluation value of the IP asset for use performing one or more tasks corresponding to an insurance policy related to the IP asset; and
receiving and recording, by the one or more node computing entities, insurance information/data corresponding to the insurance policy related to the IP asset.
2 . The method of claim 1 , wherein the insurance policy is a litigation insurance policy, an M&A insurance policy, an IP asset title insurance policy, and/or an insurance policy corresponding to a deal including the IP asset.
3 . The method of claim 1 , further comprising transferring value to pay a premium of the insurance policy via a smart contract executing in the distributed ledger system.
4 . The method of claim 1 , further comprising processing a claim of the insurance policy via a smart contract executing in the distributed ledger system.
5 . The method of claim 1 , wherein the IP asset is an individual IP asset, an unrelated plurality of IP assets, a family of IP assets, or a portfolio of IP assets.
6 . The method of claim 1 , wherein the one or more tasks corresponding to the insurance policy comprise at least one of evaluating risk corresponding to the IP asset and/or performing one or more underwriting processes corresponding to evaluating, generating, and/or providing an insurance policy for insuring the IP asset.
7 . A method comprising:
accessing asset information/data and/or an evaluation value corresponding to an IP asset from a distributed ledger of a distributed ledger system; and
leveraging the asset information/data and/or evaluation value to perform one or more tasks corresponding to an insurance policy related to (e.g., covering) the IP asset.
8 . A computing system comprising a non-transitory computer readable storage medium storing computer executable code and one or more processors, the computing system configured to perform the method of claim 1 .
9 . A computer program product comprising a non-transitory computer readable medium having computer program instructions stored therein, the computer program instructions, when executed by a processor of a computing entity, cause the computing entity to perform the method of claim 1 .