The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Sep. 27, 2022
Filed:
Oct. 30, 2020
Gregory Peter Kavanagh, Boulder, CO (US);
Gregory Peter Kavanagh, Boulder, CO (US);
Other;
Abstract
A method of generating electronic monetary tokens (tokens) on a server that supports transmission of the tokens between third parties by means of a Uniform Resource Identifier (URI) and also prevents double spending of the tokens. The tokens are represented by a substring of a Uniform Resource Identifier (URI), which identifies a resource in a network. As a payment request the substring comprises an indicator of price. As a payment for a resource the substring comprises a set of tokens and a buyer's unique identifier. On receipt of the tokens and before releasing the resource to the buyer the seller requests an indication from the server that the buyer owns the tokens thus preventing double spending of the tokens. Preferably, the URI is a Uniform Resource Locator (URL).