Risk probability assessment for cargo shipment operations and methods of use thereof
In some embodiments, the present disclosure provides an exemplary method that may include steps of receiving input data for a plurality of identified data records; receiving a plurality of predetermined policy parameters associated with at least one logistics data provider of the plurality of logistics data providers; dynamically enriching the input data by aggregating current data, forecast data, and predictive data; calculating a respective risk probability value associated with each qualifying provider of the plurality of providers; generating a respective dynamic data model associated with each of the qualifying provider of the plurality of providers; dynamically determining a predetermined policy risk threshold in real time for the identified data record; automatically modifying the predetermined policy risk threshold in real time associated with the at least one qualified provider of the plurality of providers; and dynamically selecting a respective data point for each qualified provider of the plurality of providers.
1 . A computer-implemented method comprising:
receiving, by a processor, a plurality of policy parameters associated with a provider of a plurality of providers from a plurality of pre-generated databases;
dynamically enriching, by the processor, input data associated with the plurality of policy parameters and a plurality of identified data records,
wherein enriched input data is utilized to train a machine learning model associated with the identified data record;
training, by the processor, a machine learning model with at least one data feedback loop by introducing training data as a plurality of variables to generate a first plurality of scenarios in real-time,
dynamically simulating, by the processor, the first plurality of scenarios in real time to optimize a first respective dynamic probability risk value generated by a respective dynamic data model using the trained machine learning model;
automatically updating, by the processor, the at least one feedback loop associated with the trained machine learning model;
dynamically generating, by the processor, a second plurality of scenarios in real-time based on the at least one feedback loop associated with the trained machine learning model;
dynamically determining, by the processor, a predetermined policy risk threshold for the identified data record based on the second plurality of scenarios; and
automatically modifying, by the processor, the predetermined policy risk threshold associated with a qualified provider of the plurality of providers based on a respective model risk probability value to generate a modified policy risk threshold associated with the identified data record.
2 . The method of claim 1 , further comprising dynamically selecting a respective data point for each qualified provider of the plurality of providers based on a second respective model risk probability value and a modified second policy risk threshold in real time for the identified data records.
3 . The method of claim 2 , further comprising automatically engaging into at least two smart contracts between at least one entity and the at least one provider based on the dynamically selected respective data point for each qualified provider of the plurality of providers.
4 . The method of claim 1 , further comprising receiving the input data for a plurality of identified data records by a plurality of logistics data providers.
5 . The method of claim 1 , wherein dynamically enriching the input data comprises aggregating current data, forecast data, and predictive data associated with the identified data record.
6 . The method of claim 1 , wherein training the machine learning model comprises calculating the first respective risk probability value associated with each qualifying provider of the plurality of providers based a comparison of the enriched input data and the plurality of predetermined policy parameters.
7 . The method of claim 1 , wherein dynamically simulating the first set of scenarios comprises generating the respective dynamic data model associated with each of the qualifying provider of the plurality of providers based on the enriched input data and the respective dynamic risk probability value.
8 . The method of claim 1 , wherein the training data is a representation of potential risks associated with the enriched input data represented in forms of data points.
9 . The method of claim 1 , wherein automatically updating the at least one feedback loop comprises storing at least one result of a dynamic simulation of at least one scenario of the first plurality of scenarios in real-time.
10 . The method of claim 1 , wherein automatically modifying the determined policy risk threshold comprises utilizing the respective dynamic data model and the first respective determined risk probability value associated with each qualifying provider of the plurality of providers in real-time.
11 . A computing device comprising:
a non-transient computer memory, storing software instructions;
at least one processor;
wherein, when the at least one processor executes the software instructions, the computing device is programmed to:
receive a plurality of policy parameters associated with a provider of a plurality of providers from a plurality of pre-generated databases;
dynamically enrich input data associated with the plurality of policy parameters and a plurality of identified data records,
wherein enriched input data is utilized to train a machine learning model associated with the identified data record;
train a machine learning model with at least one data feedback loop by introducing training data as a plurality of variables to generate a first plurality of scenarios in real-time,
dynamically simulate the first plurality of scenarios in real time to optimize a first respective dynamic probability risk value generated by a respective dynamic data model using the trained machine learning model;
automatically update the at least one feedback loop associated with the trained machine learning model;
dynamically generate a second plurality of scenarios in real-time based on the at least one feedback loop associated with the trained machine learning model;
dynamically determine a predetermined policy risk threshold for the identified data record based on the second plurality of scenarios; and
automatically modify the predetermined policy risk threshold associated with a qualified provider of the plurality of providers based on a respective model risk probability value to generate a modified policy risk threshold associated with the identified data record.
12 . The computing device of claim 11 , wherein the computing device is further programmed to dynamically select a respective data point for each qualified provider of the plurality of providers based on a second respective model risk probability value and a modified second policy risk threshold in real time for the identified data records.
13 . The computing device of claim 11 , wherein the computing device is further programmed to automatically engage into at least two smart contracts between at least one entity and the at least one provider based on the dynamically selected respective data point for each qualified provider of the plurality of providers.
14 . The computing device of claim 11 , wherein the computing device is further programmed to receive the input data for a plurality of identified data records by a plurality of logistics data providers.
15 . The computing device of claim 11 , wherein a dynamic enrichment of the input data comprises aggregating current data, forecast data, and predictive data associated with the identified data record.
16 . The computing device of claim 11 , wherein the machine learning model comprises calculating the first respective risk probability value associated with each qualifying provider of the plurality of providers based a comparison of the enriched input data and the plurality of predetermined policy parameters.
17 . The computing device of claim 11 , wherein a dynamic simulation of the first set of scenarios comprises generating the respective dynamic data model associated with each of the qualifying provider of the plurality of providers based on the enriched input data and the respective dynamic risk probability value.
18 . The computing device of claim 11 , wherein the training data is a representation of potential risks associated with the enriched input data represented in forms of data points.
19 . A system comprises:
a non-transient computer memory, storing software instructions;
at least one processor of a computing device associated with a user;
wherein, when the processor executes the software instructions, the first computing device is programmed to:
receive a plurality of policy parameters associated with a provider of a plurality of providers from a plurality of pre-generated databases;
dynamically enrich input data associated with the plurality of policy parameters and a plurality of identified data records,
wherein enriched input data is utilized to train a machine learning model associated with the identified data record;
train a machine learning model with at least one data feedback loop by introducing training data as a plurality of variables to generate a first plurality of scenarios in real-time,
dynamically simulate the first plurality of scenarios in real time to optimize a first respective dynamic probability risk value generated by a respective dynamic data model using the trained machine learning model;
automatically update the at least one feedback loop associated with the trained machine learning model;
dynamically generate a second plurality of scenarios in real-time based on the at least one feedback loop associated with the trained machine learning model;
dynamically determine a predetermined policy risk threshold for the identified data record based on the second plurality of scenarios; and
automatically modify the predetermined policy risk threshold associated with a qualified provider of the plurality of providers based on a respective model risk probability value to generate a modified policy risk threshold associated with the identified data record.
20 . The system of claim 19 , the training data is a representation of potential risks associated with the enriched input data represented in forms of data points.