Distributed ledger system for managing smart vehicle data
Systems and methods are disclosed with respect to using a distributed ledger, such as a blockchain, for managing smart vehicle data. The managed data may relate to a detected vehicle event, such as: a motion or position detected by a motion or position sensor as a GPS chip, an accelerometer, a compass, a speedometer, a gyroscope, etc.; braking detected by a braking sensor; turn input detected by a steering wheel sensor; wheel position detected by a wheel sensor; engine temperature detected by a temperature gauge; oil temperature detected by a temperature gauge; a seatbelt status detected by a seatbelt and/or seat sensor; etc.
1. A computer-implemented method for tracking changes to statuses of insurance policies or claims pertaining to vehicles, the method comprising:
implementing a plurality of servers, each of the plurality of servers maintaining a copy of a distributed ledger;
detecting a change in a status of an active insurance policy or claim pertaining to a vehicle;
responding, via a first server from the plurality of servers, to the detection of the change in the status of the active insurance policy or claim pertaining to the vehicle by: (i) generating, at the first server, a transaction record including data corresponding to the change in the status and (ii) proposing the transaction record to one or more other servers from the plurality of servers;
performing, via at least three of the plurality of servers, a consensus analysis of the transaction record utilizing a consensus mechanism, wherein the consensus mechanism is any one or more of: a proof of work mechanism, a proof of stake mechanism, a proof of activity mechanism, a proof of burn mechanism, a proof of capacity mechanism, or a proof of elapsed time mechanism;
when the consensus analysis indicates that the at least three servers have formed a consensus, storing the transaction record at the distributed ledger by storing the transaction record to each copy of the distributed ledger at the plurality of servers; and
performing an insurance function based upon the transaction record stored to the distributed ledger.
2. The method of claim 1 , wherein the change in the status represents any one or more of: a generation of a new insurance policy pertaining to the vehicle; a filing of a claim pertaining to the vehicle; an assessment of damage to the vehicle; an estimate of a repair or replacement cost for the vehicle; and a payment to settle the claim.
3. The method of claim 1 , wherein the insurance function is a calculation of a premium.
4. The method of claim 1 , wherein the insurance function is an assessment of damage or an estimate of a repair or replacement cost.
5. The method of claim 1 , wherein the data corresponding to the change in the status includes any one or more of the following: an identifier for the active insurance policy covering the vehicle; a description of the active insurance policy; an identifier for an individual holding the active insurance policy; an identifier for an insurance provider providing the active insurance policy; a record of one or more claims filed under the active insurance policy; one or more limits and/or premiums for the active insurance policy; a detected speed of the vehicle; a detected acceleration of the vehicle; a detected position of the vehicle; a detected track of the vehicle; a detected braking by the vehicle; a detected turning of the vehicle; a detected proximate vehicle; a detected lane; a detected environmental condition; a detected road condition; and a detected ambient temperature.
6. The method of claim 1 , wherein the data corresponding to the change in the status includes any one or more of the following: a detected opening or closing of a door of the vehicle; a measured engine temperature; a measured oil temperature; a measured cabin temperature; a seatbelt status; a detected weight on a seat; an image or video of the environment surrounding the vehicle; and an image or video of a cabin of the vehicle.
7. The method of claim 1 , wherein storing the transaction record at the distributed ledger comprises: storing the transaction to a block.
8. The method of claim 7 , wherein performing the consensus analysis comprises generating a hash value for the transaction, and utilizing the hash value for the transaction to generate a hash value for the block.
9. The method of claim 1 , wherein the consensus mechanism is: the proof of work mechanism, the proof of stake mechanism, or the proof of activity mechanism.
10. The method of claim 1 , wherein the consensus mechanism is: the proof of burn mechanism, the proof of capacity mechanism, or the proof of elapsed time mechanism.
11. A system for tracking changes to statuses of insurance policies or claims pertaining to vehicles, the system comprising:
a plurality of servers maintaining a distributed ledger for tracking changes in statuses of insurance policies or claims pertaining to vehicles, wherein each of the plurality of servers includes a memory storing: (A) a copy of the distributed ledger, and (B) instructions that, when executed, cause the respective server to respond to a detection of a change in a status of an active insurance policy or claim pertaining to a vehicle-by causing the respective server to (i) generate, at the respective server, a transaction record including data corresponding to the change in the status and (ii) broadcast the transaction record to others of the plurality of servers;
wherein the plurality of servers are configured to: (i) perform, among at least three of the plurality of servers, a consensus analysis of the broadcasted transaction record utilizing a consensus mechanism, wherein the consensus mechanism is any one or more of: a proof of work mechanism, a proof of stake mechanism, a proof of activity mechanism, a proof of burn mechanism, a proof of capacity mechanism, or a proof of elapsed time mechanism; (ii) store the transaction record at the distributed ledger when the consensus analysis indicates that the at least three servers have formed a consensus by storing the transaction record to each copy of the distributed ledger at the plurality of servers; and (iii) perform an insurance function based upon the transaction record stored to the distributed ledger.
12. The system of claim 11 , wherein the change in the status represents any one or more of: a generation of a new insurance policy pertaining to the vehicle; a filing of a claim pertaining to the vehicle; an assessment of damage to the vehicle; an estimate of a repair or replacement cost for the vehicle; and a payment to settle the claim.
13. The system of claim 11 , wherein the insurance function is a calculation of a premium.
14. The system of claim 11 , wherein the insurance function is an assessment of damage or an estimate of a repair or replacement cost.
15. The system of claim 11 , wherein the data corresponding to the change in the status includes any one or more of the following: an identifier for the active insurance policy covering the vehicle; a description of the active insurance policy; an identifier for an individual holding the active insurance policy; an identifier for an insurance provider providing the active insurance policy; a record of one or more claims filed under the active insurance policy; one or more limits and/or premiums for the active insurance policy.
16. The system of claim 11 , wherein the data corresponding to the change in the status includes any one or more of the following: a detected speed of the vehicle; a detected acceleration of the vehicle; a detected position of the vehicle; a detected track of the vehicle; a detected braking by the vehicle; a detected turning of the vehicle; a detected proximate vehicle; a detected lane; a detected environmental condition; a detected road condition; a detected ambient temperature; a detected opening or closing of a door of the vehicle; a measured engine temperature; a measured oil temperature; a measured cabin temperature; a seatbelt status; a detected weight on a seat; an image or video of the environment surrounding the vehicle; and an image or video of a cabin of the vehicle.