Patent attributes
Aspects of the disclosure relate to computing hardware and software for IoT event processing. A computing platform may monitor communication between an initiating IoT device and a service provider IoT device to detect an event processing request. The computing platform may extract, from the event processing request, event features. The computing platform may feed the event features into a deep learning engine, which may produce a smart contract corresponding to the event processing request. The computing platform may identify, using a distributed ledger, whether the event features comply with the smart contract. Based on identifying that the event features do comply with the smart contract, the computing platform may send, to an event processing system, authorization to process the event processing request, which may cause the event processing system to transfer funds from an initiating user to the service provider.