MUMBAI, India, Nov. 2 -- Intellectual Property India has published a patent application (202611109766 A) filed by Dr. Simran Waraich; Ms. Manisha Kalra; Dr. V. Ramesh Naik; Dr. Repudi Pitchiah; Dr. Saravana Priya; Nagalakshmi Yarlagadda; Dr. Phanindra Kumar Katakam; Dr. Nisha Abhijeet Auti; and W. Mesiya Stalin on September 12, 2026, for “blockchain-Based Smart Financial Auditing And Compliance Management Platform For Business Enterprises”.
Inventors include Dr. Simran Waraich; Ms. Manisha Kalra; Dr. V. Ramesh Naik; Dr. Repudi Pitchiah; Dr. Saravana Priya; Nagalakshmi Yarlagadda; Dr. Phanindra Kumar Katakam; Dr. Nisha Abhijeet Auti; and W. Mesiya Stalin.
The application for the patent was published on October 30, 2026, under issue no. 44/2026.
Abstract: ABSTRACT Title : Blockchain-Based Smart Financial Auditing and Compliance Management Platform for Business Enterprises. . The invention provides a Blockchain-Based Smart Financial Auditing and Compliance Management Platform for business enterprises. The platform integrates blockchain, smart contracts, artificial intelligence, automated auditing, and real-time compliance monitoring to securely manage financial transactions and records. A blockchain ledger maintains tamper-resistant transaction histories, while verification modules validate financial activities against predefined conditions. Artificial intelligence detects anomalies, suspicious patterns, and potential financial risks. Smart contracts automate compliance evaluation and predefined responses. The platform further provides reconciliation, audit evidence management, alerts, analytics, and reporting capabilities.
Disclaimer: Curated by HT Syndication.
