WO2014143720A3 - Systems and methods for a private sector monetary authority - Google Patents

Systems and methods for a private sector monetary authority Download PDF

Info

Publication number
WO2014143720A3
WO2014143720A3 PCT/US2014/027797 US2014027797W WO2014143720A3 WO 2014143720 A3 WO2014143720 A3 WO 2014143720A3 US 2014027797 W US2014027797 W US 2014027797W WO 2014143720 A3 WO2014143720 A3 WO 2014143720A3
Authority
WO
WIPO (PCT)
Prior art keywords
account
spend
systems
methods
paying
Prior art date
Application number
PCT/US2014/027797
Other languages
French (fr)
Other versions
WO2014143720A2 (en
Inventor
Douglas Jackson
Original Assignee
Fulcrum Ip Corporation
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Priority claimed from US14/012,704 external-priority patent/US20140279526A1/en
Application filed by Fulcrum Ip Corporation filed Critical Fulcrum Ip Corporation
Priority to CA2906910A priority Critical patent/CA2906910A1/en
Priority to GB1518093.8A priority patent/GB2527984A/en
Priority to AU2014228217A priority patent/AU2014228217A1/en
Publication of WO2014143720A2 publication Critical patent/WO2014143720A2/en
Publication of WO2014143720A3 publication Critical patent/WO2014143720A3/en

Links

Classifications

    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/04—Payment circuits
    • G06Q20/06—Private payment circuits, e.g. involving electronic currency used among participants of a common payment scheme

Landscapes

  • Business, Economics & Management (AREA)
  • Accounting & Taxation (AREA)
  • Strategic Management (AREA)
  • Physics & Mathematics (AREA)
  • General Business, Economics & Management (AREA)
  • General Physics & Mathematics (AREA)
  • Engineering & Computer Science (AREA)
  • Theoretical Computer Science (AREA)
  • Financial Or Insurance-Related Operations Such As Payment And Settlement (AREA)

Abstract

Systems and methods are provided for a payment system for use with base money of one or more alternative currencies. Steps may include administering accounts, each of which belongs to one or more account owners; receiving spend instructions specifying an account-to-account transfer of a quantity of base money from a paying account to a recipient account; receiving spend authorizations for the spend instructions from system users with requisite privileges for the paying account; and executing the authorized spend instruction if they conform to all applicable system rules by crediting the paying account and debiting the recipient account in an atomic transaction that executes in its entirety or not at all. At least one of the one or more alternative currencies may be based on at least one commodity and may be continuously backed by a 100% reserve of the at least one commodity.
PCT/US2014/027797 2013-03-15 2014-03-14 Systems and methods for a private sector monetary authority WO2014143720A2 (en)

Priority Applications (3)

Application Number Priority Date Filing Date Title
CA2906910A CA2906910A1 (en) 2013-03-15 2014-03-14 Systems and methods for a private sector monetary authority
GB1518093.8A GB2527984A (en) 2013-03-15 2014-03-14 Systems and methods for a private sector monetary authority
AU2014228217A AU2014228217A1 (en) 2013-03-15 2014-03-14 Systems and methods for a private sector monetary authority

Applications Claiming Priority (6)

Application Number Priority Date Filing Date Title
US201361799053P 2013-03-15 2013-03-15
US61/799,053 2013-03-15
US201361802880P 2013-03-18 2013-03-18
US61/802,880 2013-03-18
US14/012,704 US20140279526A1 (en) 2013-03-18 2013-08-28 Systems and methods for a private sector monetary authority
US14/012,704 2013-08-28

Publications (2)

Publication Number Publication Date
WO2014143720A2 WO2014143720A2 (en) 2014-09-18
WO2014143720A3 true WO2014143720A3 (en) 2014-12-31

Family

ID=51538270

Family Applications (1)

Application Number Title Priority Date Filing Date
PCT/US2014/027797 WO2014143720A2 (en) 2013-03-15 2014-03-14 Systems and methods for a private sector monetary authority

Country Status (4)

Country Link
AU (1) AU2014228217A1 (en)
CA (1) CA2906910A1 (en)
GB (1) GB2527984A (en)
WO (1) WO2014143720A2 (en)

Families Citing this family (4)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US11757638B2 (en) * 2018-10-30 2023-09-12 Visa International Service Association Account assertion
CN110417897B (en) * 2019-07-31 2022-08-02 中国联合网络通信集团有限公司 Block chain domain-division triggering method, block chain node point equipment and terminal
CN113132174A (en) * 2019-12-31 2021-07-16 阿里巴巴集团控股有限公司 Network equipment inspection system, method, equipment and storage medium
US11429476B2 (en) 2021-01-07 2022-08-30 The Toronto-Dominion Bank Method and system for detecting data corruption

Citations (6)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US20020174065A1 (en) * 2001-05-18 2002-11-21 Chalice Coward Multi-currency electronic payment system and terminal emulator
US20080046360A1 (en) * 2000-05-10 2008-02-21 Tso Michael M Using currency to purchase from sellers that do not recognize the currency
US20080208725A1 (en) * 2007-02-09 2008-08-28 Roger Hoy System and method facilitating private currency
US20080235064A1 (en) * 2000-12-20 2008-09-25 Guaranty Fund Management Services Method and apparatus for performing assessments
US20110016009A1 (en) * 2009-07-14 2011-01-20 The Western Union Company Alternative value exchange systems and methods
US20110112951A1 (en) * 2009-11-09 2011-05-12 James Gould Method and system for local currency backed by a valuable asset

Patent Citations (6)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US20080046360A1 (en) * 2000-05-10 2008-02-21 Tso Michael M Using currency to purchase from sellers that do not recognize the currency
US20080235064A1 (en) * 2000-12-20 2008-09-25 Guaranty Fund Management Services Method and apparatus for performing assessments
US20020174065A1 (en) * 2001-05-18 2002-11-21 Chalice Coward Multi-currency electronic payment system and terminal emulator
US20080208725A1 (en) * 2007-02-09 2008-08-28 Roger Hoy System and method facilitating private currency
US20110016009A1 (en) * 2009-07-14 2011-01-20 The Western Union Company Alternative value exchange systems and methods
US20110112951A1 (en) * 2009-11-09 2011-05-12 James Gould Method and system for local currency backed by a valuable asset

Also Published As

Publication number Publication date
WO2014143720A2 (en) 2014-09-18
GB201518093D0 (en) 2015-11-25
CA2906910A1 (en) 2014-09-18
AU2014228217A1 (en) 2015-11-05
GB2527984A (en) 2016-01-06

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