US Patent 11350256 Automated detection of change of ownership of assets

In one example embodiment, a computer-implemented method and system for automated detection of change of ownership of one or more assets are disclosed. The method includes learning and storing location information of at least one asset; detecting a location where no movement of the at least one asset has occurred over a pre-determined duration of time; determining whether the detected location is classified as a location of interest based on a pre-defined criteria; preparing a data model for the at least one asset to learn and analyze determined location of interest; classifying the determined locations of interests based on frequency of occurrence of pre-determined events; comparing new data to the data model; and determining probability of change of ownership of the at least one asset as a prediction score as a result of the comparison.