MUMBAI, India, Sept. 28 -- Intellectual Property India has published a patent application (202521015409 A) filed by Rungta International Skills University; Rungta College Of Engineering & Technology; and Rungta College Of Pharmaceutical Sciences And Research on February 22, 2025, for Ai-Driven Framework For Industry Requirements Management And Fraud Detection Optimization.
Inventors include Anisha Soni; Abhishek Kumar; Aman Kumar Gupta; Amar Kumar; Mausam Kumari; Manisha Bakachhal; Shreya Verma; Prince Kumar; and Nikhil Kumar.
The application for the patent was published on September 25, 2026, under issue no. 39/2026.
Abstract: AI-Driven Framework for Industry Requirements Management and Fraud Detection Optimization This invention describes a comprehensive, AI-driven framework for managing industry requirements, optimizing resource allocation, detecting fraud, and forecasting market trends. Integrating artificial intelligence (AI), machine learning (ML), blockchain, and the Internet of Things (IoT), the system automates domain analysis, refines requirements, and generates predictive analytics to streamline complex industrial processes. It dynamically forecasts resource needs, adjusts workflows, and aligns production schedules with real-time market data, ensuring efficiency and adaptability. The blockchain subsystem secures transactions by maintaining an immutable ledger, while the IoT integration layer enables real-time monitoring and control through seamless interaction with external devices and enterprise systems. A dashboard and reporting system aggregates data into actionable insights, offering real-time alerts, interactive visualizations, and automated reports to facilitate strategic decision-making. This invention addresses inefficiencies in traditional models, providing a unified, scalable, and secure solution tailored to the dynamic demands of modern industrial environments.
Disclaimer: Curated by HT Syndication.
