MUMBAI, India, May 29 -- Intellectual Property India has published a patent application (202621043949 A) filed by Dipesh Ramdas Walte, Pune, Maharashtra, on April 6, for 'ai honest salesman.'
Inventor(s) include Dipesh Ramdas Walte; Mrunay Uttarwar; Akshay Yadav; Siddhi Solapurkar; and Akul Tikkas.
The application for the patent was published on May 29, under issue no. 22/2026.
According to the abstract released by the Intellectual Property India: "This invention presents a comprehensive system designed to offer honest and personalized advice on potential purchases through a multi-faceted approach that integrates crowdsourced data, personal finance analysis, and advanced natural language processing capabilities. Central to the system is a chat interface that operates seamlessly across multiple platforms such as web browsers, mobile applications, and messaging applications, allowing users to input inquiries about desired purchases. The core of the system is a large language model (LLM) chatbot equipped with a natural language processing unit and a response generation unit. This chatbot processes inquiries by accessing a database rich in user-generated data and feedback, maintained by a sophisticated crowdsourcing framework. Key components include a personal finance module that not only securely retrieves but also analyzes user financial data from external financial institutions, enabling the provision of purchase advice tailored to individual financial circumstances. The system continually refines its advice by learning from new data and user feedback, ensuring relevancy and accuracy over time. Additional features include a privacy and security module to protect user data and a feedback mechanism that allows users to rate the advice received, contributing to continuous improvement of the system. This system is particularly adept at providing actionable recommendations whether to purchase, rent, or defer buying decisions based on comprehensive data analysis, making it an invaluable tool for informed consumer decision-making."
Disclaimer: Curated by HT Syndication.
