MUMBAI, India, Sept. 28 -- Intellectual Property India has published a patent application (202641112149 A) filed by Mlr Institute Of Technology; and Marri Laxman Reddy Institute Of Technology And Management on September 18, 2026, for Finquest- Ai Life Simulator For Personal Finance.
Inventors include Mrs. M. Sri Vidya; Mr. K. Vishnu Vardhan Reddy; Mr. T. Rithwik Chendra; Mr. E. Priyanshu; and Mr. K. Sai Vardhan.
The application for the patent was published on September 25, 2026, under issue no. 39/2026.
Abstract: This invention is related to FinQuest, an AI-based life simulator game that seeks to impart financial literacy education to its players in a simulated virtual setting. There is no doubt that there are many learners who do not have basic knowledge about personal finance due to the fact that traditional teaching techniques such as classroom learning, e-learning courses, and budgeting applications do not offer any form of real-world training that could change their behaviour. FinQuest bridges the gap by immersing the players in a dynamic and changing virtual financial environment where they make decisions concerning budgeting, saving money, making loans and investments, and spending on their lifestyles. The gaming systems AI system uses reinforcement learning and natural language processing to create different and realistic financial situations such as change of jobs, rent increase, changes in markets, and emergencies while increasing the level of difficulty and feedback depending on the user's performance from previous The gamification layer with XP, achievement badges, and leveling up ensures that positive behaviors are rewarded and sustained, whereas the cloud-based data persistence layer records longitudinal performance metrics for performance tracking and comparison. The outcomes of the evaluation process clearly demonstrate substantial advancements in financial literacy, strategic thinking, and planning among the users after using the platform repeatedly. FinQuest can be scaled in schools, corporations, and individuals and can contribute to achieving SDG 4 (Quality Education) and SDG 8 (Decent Work and Economic Growth). 3 Claims & 1 Figure.
Disclaimer: Curated by HT Syndication.
