Enhanced exchange item redemption risk analysis

Abstract

A method includes, when a buyer computing device of an exchange item marketplace network initiates redemption of an exchange item associated with a merchant server of the exchange item marketplace network, receiving, by a marketplace server of the exchange item marketplace network, merchant use information from the merchant server. The merchant use information includes sensor data generated by one or more sensors of the buyer computing device. The method further includes interpreting the sensor data in accordance with one or more exchange item rules to produce sensor summary information, determining a risk level for the redemption based on the sensor summary information, and processing the redemption based on the determined risk level.

What is claimed is: 
     
         1 . A method comprises:
 when a buyer computing device of an exchange item marketplace network initiates redemption of an exchange item associated with a merchant server of the exchange item marketplace network:
 receiving, by a marketplace server of the exchange item marketplace network, merchant use information from the merchant server, wherein the merchant use information includes sensor data generated by one or more sensors of the buyer computing device; 
 interpreting, by the marketplace server, the sensor data in accordance with one or more exchange item rules to produce sensor summary information; 
 determining, by the marketplace server, a risk level for the redemption based on the sensor summary information; and 
 processing, by the marketplace server, the redemption based on the determined risk level. 
   
     
     
         2 . The method of  claim 1 , wherein the merchant use information further includes one or more of:
 the one or more exchange item rules;   buyer use information;   an identifier of an item for purchase;   access to a blockchain ledger in accordance with a secure custody protocol; and   payment information.   
     
     
         3 . The method of  claim 1 , wherein the one or more sensors include one or more of:
 an audio sensor;   an image sensor;   a position sensor;   a compass sensor;   an elevation sensor; and   a weather sensor.   
     
     
         4 . The method of  claim 1 , wherein the interpreting the sensor data in accordance with the one or more exchange item rules comprises:
 identifying, by the marketplace server, one or more analysis approaches based on the one or more exchange item rules; and   performing, by the marketplace server, one or more analyses in accordance with the one or more analysis approaches on at least a portion of the sensor data to produce the sensory summary information.   
     
     
         5 . The method of  claim 1 , wherein the determining the risk level for the redemption comprises:
 comparing, by the marketplace server, the sensory summary information to estimated sensory summary information, wherein the estimated sensory summary information is based on one or more of: the one or more exchange item rules, the exchange item, and the sensor data to produce comparison data; and   generating, by the marketplace server, the risk level for the redemption based on the comparison data.   
     
     
         6 . The method of  claim 5 , wherein when the comparison data is indicative of a high risk of unfavorable redemption:
 determining, by the marketplace server, that the risk level for the redemption is high.   
     
     
         7 . The method of  claim 5 , wherein when the comparison data is indicative of a low risk of unfavorable redemption:
 determining, by the marketplace server, that the risk level for the redemption is low.   
     
     
         8 . The method of  claim 1 , wherein the processing the redemption based on the determined risk level comprises one of:
 when the determined risk level is greater than a maximum risk threshold:
 denying, by the marketplace server, the redemption; and 
   when the determined risk level is less than the maximum risk threshold:
 allowing, by the marketplace server, the redemption. 
   
     
     
         9 . A marketplace server of an exchange item marketplace network, the marketplace server comprises:
 an interface;   memory; and   a processing module operably coupled to the memory and the interface, wherein the processing module is operable to:   when a buyer computing device of an exchange item marketplace network initiates redemption of an exchange item associated with a merchant server of the exchange item marketplace network:
 receive merchant use information from the merchant server, wherein the merchant use information includes sensor data generated by one or more sensors of the buyer computing device; 
 interpret the sensor data in accordance with one or more exchange item rules to produce sensor summary information; and 
 determine a risk level for the redemption based on the sensor summary information; and 
 process the redemption based on the determined risk level. 
   
     
     
         10 . The marketplace server of  claim 9 , wherein the merchant use information further includes one or more of:
 the one or more exchange item rules;   buyer use information;   an identifier of an item for purchase;   access to a blockchain ledger in accordance with a secure custody protocol; and   payment information.   
     
     
         11 . The marketplace server of  claim 9 , wherein the one or more sensors include one or more of:
 an audio sensor;   an image sensor;   a position sensor;   a compass sensor;   an elevation sensor; and   a weather sensor.   
     
     
         12 . The marketplace server of  claim 9 , wherein the processing module is further operable to interpret the sensor data in accordance with the one or more exchange item rules by:
 identifying one or more analysis approaches based on the one or more exchange item rules; and   performing one or more analyses in accordance with the one or more analysis approaches on at least a portion of the sensor data to produce the sensory summary information.   
     
     
         13 . The marketplace server of  claim 9 , wherein the processing module is further operable to determine the risk level for the redemption by:
 comparing the sensory summary information to estimated sensory summary information, wherein the estimated sensory summary information is based on one or more of: the one or more exchange item rules, the exchange item, and the sensor data to produce comparison data; and   generating, by the marketplace server, the risk level for the redemption based on the comparison data.   
     
     
         14 . The marketplace server of  claim 13 , wherein the processing module is further operable to:
 when the comparison data is indicative of a high risk of unfavorable redemption:
 determine that the risk level for the redemption is high. 
   
     
     
         15 . The marketplace server of  claim 13 , wherein the processing module is further operable to:
 when the comparison data is indicative of a low risk of unfavorable redemption:
 determine that the risk level for the redemption is low. 
   
     
     
         16 . The marketplace server of  claim 9 , wherein the processing module is further operable to process the redemption based on the determined risk level by one of:
 when the determined risk level is greater than a maximum risk threshold:
 deny the redemption; and 
   when the determined risk level is less than the maximum risk threshold:
 allow the redemption.