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:
Dec. 05, 2023
Filed:
Jul. 28, 2021
Applicant:
Mark Lawrence, Monrovia, CA (US);
Inventor:
Mark Lawrence, Monrovia, CA (US);
Assignee:
Attorney:
Primary Examiner:
Int. Cl.
CPC ...
G06Q 10/00 (2023.01); G06Q 20/06 (2012.01); G06Q 10/087 (2023.01); G06Q 10/0835 (2023.01); H04L 9/08 (2006.01); G06F 21/60 (2013.01); H04L 9/30 (2006.01); G06F 21/31 (2013.01);
U.S. Cl.
CPC ...
G06Q 20/065 (2013.01); G06F 21/31 (2013.01); G06F 21/606 (2013.01); G06Q 10/087 (2013.01); G06Q 10/08355 (2013.01); H04L 9/0861 (2013.01); H04L 9/30 (2013.01);
Abstract
The invention teaches a value exchange for natural resources that is transparent and assured by a layer of distributed trust where tokenized inventory collateralizes derivative products, which enables the inventory to be monetized while located anywhere in the world including in major buying hubs, whereby suppliers, buyers and market makers can execute and settle authenticated transactions, both outright sales and derivative transactions, for natural resources in near real time.