US Patent Issued to Alt Platform on Sept. 15 for "Predicting the value of an asset using machine-learning techniques" (California Inventor)

ALEXANDRIA, Va., Sept. 15 -- United States Patent no. 12,737,791, issued on Sept. 15, was assigned to Alt Platform Inc. (San Francisco).

"Predicting the value of an asset using machine-learning techniques" was invented by Don Goonetilleke (Oakland, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system and a method are disclosed for a platform that determines the classification of a physical asset received from a provider. For a physical asset, the platform extracts intrinsic data from the asset and compiles extrinsic data by web scraping data associated with the asset. The platform generates a principal component vector comprising the intrinsic data and extrinsic data and inputs the principal compon...