Fault determination of blockchain subrogation claims

A validating network node on a shared ledger network comprising:

• a transceiver configured to exchange shared ledger data with peer network nodes, the shared ledger data including subrogation claim transactions, the subrogation claim transactions including data relating to fault in the subrogation claim in a subrogation dispute, the data relating to fault in the subrogation claim including one or more of:
• biometric data collected from a driver of a vehicle and transmitted from the vehicle to the shared ledger, or data from vehicles not involved in a crash giving rise at least in part to the subrogation claim and transmitted from the vehicles to the ledger, wherein the subrogation claim transactions further include a proof-of-identity to cryptographically prove that a subrogation claim transaction is originated by a participating entity;
• a storage media configured to store a copy of the shared ledger;
• and
• a transaction validator configured to apply a set of consensus rules to shared ledger data received from the peer network nodes, the transaction validator being further configured to append shared ledger data received from peer nodes to the copy of the shared ledger if the shared ledger data satisfies the consensus rules.

A computer-implemented method of settling a subrogation claim by a shared ledger, the method comprising, via one or more processors, servers, and/or associated transceivers:

• monitoring a blockchain maintained by a plurality of participants in a blockchain network according to a set of consensus rules for an indication of a subrogation claim, the subrogation claim a) identifying a subrogation claimant, b) including evidence regarding an insured loss and a proof-of-identity to cryptographically prove that the evidence of the insured loss is originated by a participating entity, and c) including data relating to fault in the subrogation claim, the data including one or more of:
• biometric data collected from a driver of a vehicle and transmitted from the vehicle to the shared ledger, or data from vehicles not involved in a crash giving rise at least in part to the subrogation claim and transmitted from the vehicles to the shared ledger;
• determining a party at fault in the subrogation claim based at least in part on the data relating to fault in the subrogation claim;
• broadcasting to the blockchain network an indication of liability of the party determined to be at fault in the determining operation;
• and
• remitting a payment to the subrogation claimant in settlement of the subrogation claim wherein the subrogation claim is closed after the payment is remitted.

A computer-implemented method of settling a subrogation claim by a shared ledger, the method comprising, via one or more processors, servers, and/or associated transceivers:

• paying a claim to an insured for an insured loss;
• generating a subrogation claim, the subrogation claim:
• a) identifying a subrogation defendant, b) including information regarding the insured loss, and c) including data relating to fault in the subrogation claim, the data including one or more of:
• biometric data collected from a driver of a vehicle and transmitted from the vehicle to the shared ledger, or data from vehicles not involved in a crash giving rise at least in part to the subrogation claim and transmitted from the vehicles to the shared ledger;
• deploying the subrogation claim to a shared ledger maintained by a plurality of participants in a shared ledger network according to a set of consensus rules;
• broadcasting an update to the subrogation claim deployed to the shared ledger, wherein the update includes a proof-of-identity to cryptographically prove that the update is originated by a participating entity, and wherein the update is appended to the shared ledger in response to the plurality of participants in the share ledger network determining that the update satisfies the set of consensus rules;
• and
• receiving a subrogation claim settlement payment upon resolution of the subrogation claim, wherein the subrogation claim is closed after the receipt of the settlement payment.