Patents by Inventor Amit Kumar Sati

Amit Kumar Sati has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Blockchain-based dynamic payterm generator
    Patent number: 11574304
    Abstract: Systems, methods, and apparatus are provided for a dynamic contract payment term (“payterm”) generator. A machine learning algorithm may generate a replacement payment term for a contract based on market-based parameters and blockchain metadata for the contract. The blockchain metadata may encode hierarchical interdependencies between contracts using blockchain encryption. The blockchain metadata may be applied to auto-generate machine learning inputs for related contracts having interdependent payment terms. The machine learning inputs may include contract parameters that have been extracted and encrypted as blockchain metadata, as well as market-based parameters extracted from enterprise sources.
    Type: Grant
    Filed: May 10, 2021
    Date of Patent: February 7, 2023
    Assignee: Bank of America Corporation
    Inventors: Sakshi Bakshi, Siva Kumar Paini, Amod Jha, Amit Kumar Sati
  • BLOCKCHAIN-BASED DYNAMIC PAYTERM GENERATOR
    Publication number: 20220358495
    Abstract: Systems, methods, and apparatus are provided for a dynamic contract payment term (“payterm”) generator. A machine learning algorithm may generate a replacement payment term for a contract based on market-based parameters and blockchain metadata for the contract. The blockchain metadata may encode hierarchical interdependencies between contracts using blockchain encryption. The blockchain metadata may be applied to auto-generate machine learning inputs for related contracts having interdependent payment terms. The machine learning inputs may include contract parameters that have been extracted and encrypted as blockchain metadata, as well as market-based parameters extracted from enterprise sources.
    Type: Application
    Filed: May 10, 2021
    Publication date: November 10, 2022
    Inventors: Sakshi Bakshi, Siva Kumar Paini, Amod Jha, Amit Kumar Sati