UnitedHealth Group had no grants in blockchain as a theme in Q2 2024.

Recent Patents

Application: Cross-entity load balancing using a distributed ledger (Patent ID: US20240171396A1)

The patent filed by UnitedHealth Group Inc. describes systems and methods for cross-entity load balancing operations using a distributed ledger. The method involves identifying a target entity from a group of candidates based on data associated with a valid invocation received from a first entity. This process includes generating and providing a token and data related to the target entity to the first entity, receiving a second invocation from the target entity with a zero-knowledge proof, validating the proof, and storing a data structure on a distributed ledger.

The claims detail the steps involved in the method, including validating the zero-knowledge proof using a verifier kit, dealing with various types of data associated with the valid invocation such as historical data and agreed terms, and allocating remuneration to the target entity after proof validation. The system and computer-readable medium described in the patent provide instructions for executing the method, storing data structures, and handling the validation process. Overall, the patent outlines a comprehensive approach to cross-entity load balancing operations using a distributed ledger, ensuring secure and efficient transactions between entities.

To know more about GlobalData’s detailed insights on UnitedHealth Group, buy the report here.

Data Insights

From

The gold standard of business intelligence.

Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.

Be better informed