WO2015125141A1 - Peer to peer dispersed volatile-documents and negotiable instruments transacting system and methods thereof - Google Patents

Peer to peer dispersed volatile-documents and negotiable instruments transacting system and methods thereof Download PDF

Info

Publication number
WO2015125141A1
WO2015125141A1 PCT/IL2015/050187 IL2015050187W WO2015125141A1 WO 2015125141 A1 WO2015125141 A1 WO 2015125141A1 IL 2015050187 W IL2015050187 W IL 2015050187W WO 2015125141 A1 WO2015125141 A1 WO 2015125141A1
Authority
WO
WIPO (PCT)
Prior art keywords
client
value
crm
signal
crmi
Prior art date
Application number
PCT/IL2015/050187
Other languages
French (fr)
Inventor
Eyal DASKAL
Original Assignee
D.L.E.D Enterprise And Business Development Ltd.
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
Application filed by D.L.E.D Enterprise And Business Development Ltd. filed Critical D.L.E.D Enterprise And Business Development Ltd.
Publication of WO2015125141A1 publication Critical patent/WO2015125141A1/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
    • G06Q20/30—Payment architectures, schemes or protocols characterised by the use of specific devices or networks
    • G06Q20/32—Payment architectures, schemes or protocols characterised by the use of specific devices or networks using wireless devices
    • G06Q20/322—Aspects of commerce using mobile devices [M-devices]
    • G06Q20/3224—Transactions dependent on location of M-devices
    • 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
    • G06Q20/22—Payment schemes or models
    • G06Q20/223—Payment schemes or models based on the use of peer-to-peer networks
    • 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
    • G06Q20/38—Payment protocols; Details thereof
    • G06Q20/40—Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
    • G06Q20/405—Establishing or using transaction specific rules
    • 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
    • G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes
    • G06Q40/02—Banking, e.g. interest calculation or account maintenance

Definitions

  • the present invention generally pertains to the technical fields of communications, and in one example embodiment, to a peer-to-peer dispersed volatile documents and negotiable instruments transacting communication system, means and methods thereof.
  • a peer-to-peer communication is widely used in numerous applications: such as images sharing and leisure virtual appliances, healthcare telecommunication systems, public transit operators and remote medical care and records thereof etc.
  • US patent No. 8433826 discloses proxy caching in a photo-sharing peer-to-peer network to improve guest image viewing performance.
  • US patent application No. 20130204432 provides a method and apparatus for dispensing varying quantities of pills quickly, conveniently, securely, accurately operable to incorporate one or more sensors and at least two data sets for the purpose of monitoring the activity of transferring pills from a pill singulation to a bottle.
  • a counting means may be operable, in real-time or near-real time, to count the pills transferred to a bottle.
  • 2618285 discloses system with gateway infrastructures connected to data logging server systems by a closed backbone communications network.
  • the server system has a logging service technical mediator for managing access to patients medical documents stored in database.
  • the infrastructure has a file access mediator for checking and managing user access to documents stored in the server systems.
  • a money services business means an individual or an entity that is in the business of any of the following activities: foreign exchange dealing; remitting or transmitting funds by any means or through any individual, entity or electronic funds transfer network; or issuing or redeeming money orders, traveler's cheques or other similar negotiable instruments.
  • foreign exchange dealing remitting or transmitting funds by any means or through any individual, entity or electronic funds transfer network
  • Such a detailed communication essentially comprising more than fifteen required fields per a single transaction is practically impossible to be accomplished in an intuitively operated nonprofessional everyday heavy-traffic C2C communication systems.
  • It is therefore one object of the present invention to disclose a secure, simply and intuitively operated peer-to-peer (client-to-client, client-to-business, or business-to-business and any combinations thereof) volatile documents and negotiable instruments (D&I) faultless transacting communication system comprising: at least one first client (Ci) and at least one second client (Cj), each of which is having at a given time (Tp) at least one first D&I, namely (D&I)i(Ci)(Tp) having value I at Tp and (D&I)j(Cj)(Tp) having value J at T p respectively; at least one first computer readable medium (CRMi), operative by said at least one first client (Ci) at said given time (T p ), configure for storing said (D&I)i(Ci)(T p ); and at least one second computer readable medium (CRM j ), operative by said at least one second client (C j ) at said
  • D&I negotiable instruments
  • It is a further object of the present invention to disclose the signal as defined above, wherein said signal is operative in a bilateral peer-to-peer volatile documents and negotiable instruments (D&I) transacting method comprising: providing at least one first client (Q) and at least one second client (C j ), each of which is having at a given time (T p ) at least one first D&I, namely (D&I)i(Ci)(T p ) having value I at T p and (D&I) j (C j )(T p ) having value J at T p respectively; configuring at least one first computer readable medium (CRMi), operative by said at least one first client (Q) at said given time (T p ), for storing said (D&I)i(Ci)(T p ); and configuring at least one second computer readable medium (CRM j ), operative by said at least one second client (C j ) at said given time (T
  • It is a further object of the present invention to disclose the signal as defined above, wherein said signal is operative in a unilateral peer-to-peer volatile documents and negotiable instruments (D&I) transacting method comprising: providing at least one first client (Q) and at least one second client (C j ), each of which is having at a given time (T p ) at least one first D&I, namely (D&I)i(Ci)(T p ) having value I at T p and (D&I) j (C j )(T p ) having value J at T p respectively; configuring at least one first computer readable medium (CRMi), operative by said at least one first client (Q) at said given time (T p ), for storing said (D&I)i(Ci)(T p ); and configuring at least one second computer readable medium (CRM j ), operative by said at least one second client (C j ) at said given time (T
  • It is a further object of the present invention to disclose a peer-to-peer volatile documents and negotiable instruments (D&I) transacting communication system comprising a computer server of a volatile documents and negotiable instruments (D&I) environment; the computer server including one or more computers having non-transitory instructions stored thereon that when executed cause the one or more computers: to verify at least one first client (Ci) and at least one second client (C j ), each of which is having at a given time (T p ) at least one first D&I, namely (D&I)i(Ci)(T p ) having value I at T p and (D&I) j (C j )(T p ) having value J at T p respectively using a processor and a memory; to configure at least one first computer readable medium (CRMi), operative by said at least one first client (Ci) at said given time (T p ) for storing said (D&I)i(C
  • Fig. 1 is a block diagram of one embodiment of a system of the present invention
  • Fig. 2 is a schematic flow diagram of one embodiment illustrating a flow chart of a method for the present invention
  • Fig. 3 is a schematic diagram illustrating communication transacting of volatile documents and negotiable instruments
  • volatile document is used to describe at least one of the following: images, photos, illustrations, diagrams, figures, numerical information, text, data, retrievable content or links thereto, records of data, fields of data, computer readable information, any data being retrievable or communicable by computers or computer-based systems, magnetic data, time resolved information, identified data and identifying records and means thereof, an Internet Protocol (IP) address and associated data.
  • IP Internet Protocol
  • the term also refers to money, currency, bank note, coin(s), national currency, regional currency, specifically used or specifically oriented or targeted currency, medium of exchange, and any combination thereof.
  • the term "negotiable instrument” is used to describe a document, including a computer readable medium comprising or associated with retrievably data and means for guaranteeing the payment of a specific amount of money in general, either on demand, or at a set time with the payer named on the negotiable instrument.
  • the term specifically refers to a document contemplated by a contract, which warrants the payment of money without condition which may be paid on demand or at a future date.
  • the term also refers to an unconditional order in writing, addressed by one person to another, signed by the person giving it, requiring the person to whom it is addressed to pay on demand, or at a fixed or determinable future time, a sum certain in money to or to the order of a specified person, or to bearer.
  • the term also refers to a bill of exchange drawn on a banker payable on demand, and to an unconditional promise in writing made by one person to another, signed by the maker, engaging to pay on demand, or at a fixed or determinable future time, a sum certain in money to or to the order of a specified person or to bearer.
  • the term further refers to an unconditional promise or order to pay a fixed amount of money, with or without interest or other charges described in the promise or order, if it: (1) is payable to bearer or to order at the time it is issued or first comes into possession of a holder; (2) is payable on demand or at a definite time; and (3) does not state any other undertaking or instruction by the person promising or ordering payment to do any act in addition to the payment of money, but the promise or order may contain (i) an undertaking or power to give, maintain, or protect collateral to secure payment, (ii) an authorization or power to the holder to argue judgment or realize on or dispose of collateral, or (iii) a waiver of the benefit of any law intended for the advantage or protection of an obligor, (b) "Instrument” means a negotiable instrument, (c) An order that meets all of the requirements of subsection (a), except above mentioned paragraph (1), and otherwise falls within the definition of "check” in subsection (f) is a negotiable instrument and a check, (
  • client is used to describe a client himself or any third party, either one or more Clients or one or more Businesses, authorized by said client to transact at least one and at least once predefined client's D&I.
  • CRM computer readable medium
  • a machine e.g. computer
  • non-volatile memory such as one or more magnetic disk storage devices, flash memory devices, or other nonvolatile solid-state memory devices
  • a direct-access data storage media such as hard disks, CD-RWs and DVD-RW can also be used to store software components and/ or image databases.
  • display screen interchangeably refers hereinafter to any surface, known in the art, that accepts input from the user based on any contact.
  • the screen along with any associated modules and/or sets of instructions in memory) detect contact, movement, detachment from interaction on the screen and convert the detected contact into interaction with user-interface objects (e.g., one or more soft keys, icons, images, texts) that are displayed on the screen.
  • user-interface objects e.g., one or more soft keys, icons, images, texts
  • the present application can be connected to a user interface detecting input from a keyboard, a button, a click wheel, a touchpad, a roller, a computer mouse, a motion detector, sound detector, speech detector, joystick, and etc., for activating or deactivating particular functions.
  • a user can navigate among and interact with one or more graphical user interface objects that represent at least visual navigation content, displayed on screen.
  • the user navigates and interacts with the content/user interface objects by means of a touch screen.
  • the interaction is by means such as computer mouse, motion sensor, keyboard, voice activation, joystick, electronic pad and pen, touch sensitive pad, a designated set of buttons, soft keys, and the like.
  • An embodiment of present invention provides an internet site, a smartphone application or their like, in which end users, clients, business will freely exchange currency with themselves in a peer-to-peer, end users to end user, client-to-client, business-to-client, business-to-business manner, all denoted hereinafter in the term "peer-to-peer".
  • a centralized operator being legally allowed licensed money exchanging office or the like, is mediating and facilitating such peer-to-peer transactions for a reasonable commission.
  • Such a novel mediating and facilitating activity is provided, according to an embodiment of the invention, in a full or partially predefined anonymity.
  • a peer-to- peer volatile documents and negotiable instruments (D&I) transacting mechanism systems and methods are provided useful by direct or indirect utilization of a loadable credit card, which may be applicable for a single (e.g., local-) currency or for a plurality of foreign currencies and their like (USD, UK pound, Euro, Yen, NIS, Bitcoin etc.), by bank-to-bank transaction, secured wiring, swifting (by means of a Society for Worldwide Interbank Financial Telecommunication) etc.
  • a secured, simply and intuitively operated, peer-to-peer volatile documents and negotiable instruments (D&I) faultless transacting communication system comprising at least one first client (Ci) and at least one second client (C j ), each of which is having at a given time (T p ) at least one first D&I, namely (D&I)i(Ci)(T p ) having value I at T p and (D&I) j (C j )(T p ) having value J at T p respectively; at least one first computer readable medium (CRMi), operative by said at least one first client (Ci) at said given time (T p ), configure for storing said (D&I)i(Ci)(T p ); and at least one second computer readable medium (CRM j ), operative by said at least one second client (C j ) at said given time (T p );
  • the CRMi is further configured to communicate with said CRM op and to signal at least one first signal (Si) related with said (D&I)i(Ci)(T p ); and said CRM j is further configured to communicate with said CRM op and to signal at least one second signal (S j ) related with said (D&I) j (C j )(T p ).
  • a bilateral mechanism comprises, inter alia, steps as follows: (i) receiving said Si from said Ci, and (ii) receiving said S j from said C j ; and further upon both (i) said Si is indicative for sharing said (D&I)i(Ci)(T p ) and (ii) said S j is indicative for sharing said (D&I) j (C j )(T p ); and further upon said value I is equal to or greater than said value J; said operator by means of said CRM op , for a predefined commission in a value C op (T P ), concurrently (i) transacts said Ci said (D&I) j (C j )(T p ) in a value of V j ; and (ii) transacts said C j said (D&I)i(Ci)(T p ) in a value of V j ; Vj equals to I-(I-J
  • a unilateral, biding-like mechanism comprises, inter alia, steps as follows: receiving from said Q said Si indicative for sharing said (D&I)i(Ci)(T p ) in value I for (D&I) j (C j )(T p ) in value equals to or lower than I-(I-J)-C op (T P ); said operator is signaling said C j said Si; upon receiving said Si, and if acceptable, said C j signals said operator said S j indicative for sharing said (D&I) j (C j )(T p ) for said (D&I)i(Ci)(T p ) in value equals to or lower than I-(I-J)-C op (T P ); upon receiving said S j from said C j , said operator, by means of said CRM op , for said C op (T P ), concurrently (i) transacts said Q said (D&I) j (C j )
  • a first client John, USA, trading US dollars
  • a second client Pierre, France, trading Euros
  • C j a dedicated peer-to-peer D&I transacting smartphone application, operated by an operator.
  • Loadable dedicated credit cards are then sent to their address: one to John and second to Pierre. It is acknowledged in this respect that shipment of such an empty credit card is hazardless and possesses no risk to the clients or to the operator.
  • John and Pier upon receiving the empty credit card, John and Pier are loading the credit card with one or more currencies, and one or more values for each currency.
  • a client is loading his credit card with foreign currency or similarly buying the same from his bank account by one or more possible routes: his credit card (any credit card); bank transfer of any kind, cash money deposit in a bank or the like or by transferring money from a bank account to another credit card to his said loadable credit card.
  • the signals (Si, S j etc.) provides a novel standard for C2C transaction of D&I.
  • the aforesaid signals comprises three fields: Client field, indicative for at least one first client (CO or at least one second client (C j ); Time field, indicative for a given time (T p ); and D&I field, indicative for at least one D&I, (D&I).
  • the aforesaid signals comprises fields as defined by COBS 11.5.1: Record keeping: client orders and transactions; Financial Services and Markets Act 2000, and especially section 137A (The FCA's general rules); section 137T (General supplementary powers); and section 139A (Power of the FCA to give guidance); which is read in the light of the present invention as follows:
  • Business or a Client shall, in relation to every order received from another Business or Client, make a multi fields record selected from the following group: (1) the name or other designation of the client; (2) the name or other designation of any relevant person acting on behalf of the client; (3) the nature of the order if other than buy or sell; (4) the type of the order; (5) any other details, conditions and particular instructions from the client that specify how the order must be carried out; (6) the date and exact time of the receipt of the order, or of the decision to deal, by the investment firm; and (7), all or a few details as defined below at table 1 :
  • the aforesaid signal is communicable and processable in a peer-to-peer volatile documents and negotiable instruments (D&I) transacting communication system
  • the system comprises at least one first client (Ci) and at least one second client (C j ), each of which is having at a given time (T p ) at least one first D&I, namely (D&I)i(Ci)(T p ), having value I at T p and (D&I) j (C j )(T p ), having value J at T p respectively; at least one first computer readable medium (CRMi), operative by said at least one first client (Ci) at said given time (T p ), configure for storing said (D&I)i(Ci)(T p ); and at least one second computer readable medium (CRM j ), operative by said at least one second client (C j ) at said given time (
  • said first clients Q are patients of a clinical pathology and said second clients C j are doctors, experts in treating said pathology, and said (D&I)i(Ci)(T p ) is/are medical analysis results and/or related data and images thereof (blood pressure, EKG schemes, glucose level, CT readings etc.); and said (D&I) j (C j )(T p ) is/are selected from a group consisting of clinical prognosis or analysis or treatment advices, invoices and any combination thereof.
  • said first clients Q are drivers looking for car-for-rant clients and said second clients C j are car-for-rant service providers, and said (D&I)i(Ci)(T p ) is/are car specification, area of use etc.; and said (D&I) j (C j )(T p ) is/are matching details of car specification, area of use, invoice/price offer etc.
  • Such a set of peer-to-peer transactions as defined above are significantly beneficial to the clients for convenience: 24/7 working hours; cooperative & community trade: best price trading rate and low commissions; no credit is required by the loadable credit card; a manual cash deposit optional mechanism; no credit card handling commissions; personal security, whereas cash foreign money is not carried.
  • peer-to-peer transaction systems are advisable for even more reasons: Financial services are tending to shift towards internet-based facilities; cooperative & community trade is ever growing trend; multinational foreign currency trade system is a gathering a cutting edge market niche; loadable credit cards are used more than ever, whilst cash money is to be restricted by both end users and governments; peer-to-peer transaction systems are favored by current regulators; trade commissions of e.g., from two percent to five percent are provided a huge commercial interest; and last, and not least; the customers of said peer-to-peer transaction system provides a potential for a very big customer's database which respectfully gaining a significant commercial value and is an asset per ce.
  • peer-to-peer volatile documents and negotiable instruments (D&I) transacting communication system comprises a computer server of a volatile documents and negotiable instruments (D&I) environment; the computer server including one or more computers having non-transitory instructions stored thereon that when executed cause the one or more computers: to verify at least one first client (Ci) and at least one second client (C j ), each of which is having at a given time (T p ) at least one first D&I, namely (D&I)i(Ci)(T p ) having value I at T p and (D&I) j (C j )(T p ) having value J at T p respectively using a processor and a memory; to configure at least one first computer readable medium (CRMi), operative by said at least one first client (Ci) at said given time (T p ) for storing said (D&I)i(Ci)(T
  • a computer server includes one or more processors having non-transitory instructions stored thereon that when executed cause the computer server: to verify at least one first client (Ci) and at least one second client (C j ), each of which is having at a given time (T p ) at least one first D&I, namely (D&I)i(Ci)(T p ) having value I at T p and (D&I) j (C j )(T p ) having value J at T p respectively using a processor and a memory; to configure at least one first computer readable medium (CRMi), operative by said at least one first client (Ci) at said given time (T p ) for storing said (D&I)i(Ci)(T p ); and at least one second computer readable medium (CRM j ), operative by said at least one second client (C j ) at said given time (T p ) for storing said
  • a method for peer-to-peer transacting volatile documents and negotiable instruments comprises verifying at least one first client (Ci) and at least one second client (C j ), each of which is having at a given time (T p ) at least one first D&I, namely (D&I)i(Ci)(T p ) having value I at T p and (D&I) j (C j )(T p ) having value J at T p respectively using a processor and a memory; configuring at least one first computer readable medium (CRMi), operative by said at least one first client (Ci) at said given time (T p ) for storing said (D&I)i(Ci)(T p ); and at least one second computer readable medium (CRM j ), operative by said at least one second client (C j ) at said given time (T p ) for storing said
  • FIG. 1 is a block diagram of one embodiment of a system for for communication transacting of volatile documents and negotiable instruments between at least one first client (Ci) and at least one second client (C j ), each of which is having at a given time (T p ) at least one first D&I, namely (D&I)i(C (T p ) having value I at T p and (D&I) j (C j )(T p ) having value J at T p respectively, each of which accesses said computing device system through a computer network interface 100, said computing device 11 comprising a storage system 12 and further comprising verifying module to verify at least one first client (Ci) and at least one second client (C j ), each of which is having at a given time (T p ) at least one first D&I, namely (D&I)i(Ci)(T p ) having value I at T p and (D&I) j (
  • a client launches a volatile documents and negotiable instruments (D&I) environment comprising a system for communication transacting of volatile documents and negotiable instruments between at least one first client (Ci) and at least one second client (C j ), each of which is having at a given time (T p ) at least one first D&I, namely (D&I)i(Ci)(T p ) having value I at T p and (D&I) j (C j )(T p ) having value J at T p respectively, each of which accesses said computing device system through a computer network interface 100.
  • D&I volatile documents and negotiable instruments
  • a processor of a computing device for communication transacting of volatile documents and negotiable instruments executes steps comprising of verifying at least one first client (Ci) and at least one second client (C j ), each of which is having at a given time (T p ) at least one first D&I, namely (D&I)i(Ci)(T p ) having value I at T p and (D&I) j (C j )(T p ) having value J at T p respectively using a processor and a memory; configuring at least one first computer readable medium (CRMi), operative by said at least one first client (Ci) at said given time (T p ) for storing said (D&I)i(Ci)(T p ); and at least one second computer readable medium (CRM j ), operative by said at least one second client (C j ) at said given time (T p ) for storing said (D&I) j (C j )(
  • FIG. 3 a schematic diagram illustrating communication transacting of volatile documents and negotiable instruments 300 of the present invention comprising steps of permitting at least one second client (C j ) to provide at least one first D&I, namely (D&I)i(Ci)(T p ) having value I at T p and (D&I) j (C j )(T p ) having value J at T p respectively to at least one first client (Ci) based on at least one first client (Ci) location associated with the geographic location claimed by at least one first client (Ci) of the volatile documents and negotiable instruments (D&I) environment and based on at least one second client (C j ) exchange conditions 310; filtering information to only display the volatile documents and negotiable instruments (D&I) environment from a particular location associated with each at least one first client (Ci), and wherein the computer server to display the volatile documents and negotiable instruments (D&I) environment only in the
  • a first client travelling abroad having, for example, has two exhancge condition options such as contacting a second client, currency exhange dealer, by comparing his/her exahnge rates with the Interbank rate and/or trying to negotiate a better rate, yet with marginal benefit; comparing rates of different second clients to identify the best exchange condition.
  • Existing solutions lack of first client's knowledge management in a form of designated websites, where such platform work mostly with large chains, while the smaller players usually offer improved rates; the presented output is not location based, so one can get a good price but from an exchange place, for example, 5 miles away; the platform are delivery oriented, which means the transacting service may take a few days.
  • the client can identify the currency dealers in his/her vicinity and contact them to find out their rates in order to take a decision.
  • Such approach is time consuming, limited to the amount of dealers in one's list or his/hers willingness to call all the dealers on the list and prone to mistakes due to the existence of multiple attributes of the deal, such as handling fee, commission, credit card commission (one levied by the exchange broker and another by the card issuer), cash only exchange places, immediate availability (relevant in less traded - "exotic" - currencies - NIS, ZAR, CHF etc.)
  • the client can stroll his/her neighborhood, locating potential currency dealers (banks, post office, exchange places, retailers etc.), and collecting their exchange conditions.
  • the client is displayed the volatile documents and negotiable instruments (D&I) environment from a particular location associated with each at least one first client (Ci), and displayed with the volatile documents and negotiable instruments (D&I) environment only in the particular location to verified at least one second client (C j ) having verified exchange conditions within the location.
  • the customer then can get the final quote, taking into account all the fees and customer preferences.

Landscapes

  • Business, Economics & Management (AREA)
  • Accounting & Taxation (AREA)
  • Engineering & Computer Science (AREA)
  • Theoretical Computer Science (AREA)
  • Strategic Management (AREA)
  • Physics & Mathematics (AREA)
  • General Business, Economics & Management (AREA)
  • General Physics & Mathematics (AREA)
  • Finance (AREA)
  • Development Economics (AREA)
  • Economics (AREA)
  • Computer Networks & Wireless Communication (AREA)
  • Computer Security & Cryptography (AREA)
  • Marketing (AREA)
  • Technology Law (AREA)
  • Computer And Data Communications (AREA)

Abstract

A method and system for the peer-to-peer volatile documents and negotiable instruments (D&I) transacting communication platfrom fascilitating the volatile documents and negotiable instruments (D&I) environment that is designed to create transacting platform to facilitate communication among at least one first client (Ci) and at least one second client (Cj) and simplify exchange conditions for at least one first client (Ci). The method permits at least one second client (Cj) to provide at least one first D&I, namely (D&I)i(Ci)(Tp) having value I at Tp and (D&I)j(Cj)(Tp) having value J at Tp respectively to at least one first client (Ci) based on at least one first client (Ci) location associated with the geographic location claimed by at least one first client (Ci) of the volatile documents and negotiable instruments (D&I) environment and based on at least one second client (Cj) exchange conditions.

Description

PEER TO PEER DISPERSED VOLATILE-DOCUMENTS AND NEGOTIABLE INSTRUMENTS TRANSACTING SYSTEM AND METHODS THEREOF
FIELD OF THE INVENTION
[1] The present invention generally pertains to the technical fields of communications, and in one example embodiment, to a peer-to-peer dispersed volatile documents and negotiable instruments transacting communication system, means and methods thereof.
BACKGROUND OF THE INVENTION
[2] A peer-to-peer communication is widely used in numerous applications: such as images sharing and leisure virtual appliances, healthcare telecommunication systems, public transit operators and remote medical care and records thereof etc. Hence for example, US patent No. 8433826 discloses proxy caching in a photo-sharing peer-to-peer network to improve guest image viewing performance. US patent application No. 20130204432 provides a method and apparatus for dispensing varying quantities of pills quickly, conveniently, securely, accurately operable to incorporate one or more sensors and at least two data sets for the purpose of monitoring the activity of transferring pills from a pill singulation to a bottle. For example, a counting means may be operable, in real-time or near-real time, to count the pills transferred to a bottle. EP patent No. 2618285 discloses system with gateway infrastructures connected to data logging server systems by a closed backbone communications network. The server system has a logging service technical mediator for managing access to patients medical documents stored in database. The infrastructure has a file access mediator for checking and managing user access to documents stored in the server systems.
[3] The security and availability of peer-to-peer communication systems, especially in business-to-business (B2B) transaction systems were described in the art. Hence for example, US patent application No. 20130035068 (Ό68) discloses transactions between embedded near field communication devices with authentication. In the aforesaid Ό68 invention, a method for transmitting data between a mobile communication device and a server is presented and includes, inter alia, step of running a mobile application on the mobile communication device. The mobile application is hosted on the mobile communication device through the server as a software as a service.
[4] Client-to-client (C2C) peer-to-peer secured communication systems and transactions thereof, in contrast to similar B2B systems, were rarely dealt with. One of the reasons for that is legal. Hence for example, the objective of the Canadian Proceeds of Crime (Money Laundering) and Terrorist Financing Act, see Guideline 6C: Record Keeping and Client Identification for Money Services Businesses reissued in February 2014, is to help detect and deter money laundering and the financing of terrorist activities. It is also to facilitate investigations and prosecutions of money laundering and terrorist activity financing offences. Those government regulations are for reporting, record keeping, and client identification and compliance regime requirements for money services businesses. A money services business means an individual or an entity that is in the business of any of the following activities: foreign exchange dealing; remitting or transmitting funds by any means or through any individual, entity or electronic funds transfer network; or issuing or redeeming money orders, traveler's cheques or other similar negotiable instruments. Moreover, such a detailed communication, essentially comprising more than fifteen required fields per a single transaction is practically impossible to be accomplished in an intuitively operated nonprofessional everyday heavy-traffic C2C communication systems.
[5] An important ingredient in many business transactions is the creation and exchange of various forms of capital. A traditional measure of capital is one's holdings of financial assets such as cash and securities. To support certain business transactions, a client, business or organization must have a means of exchanging one form of capital for another. This may involve the exchange of one form of traditional financial capital for another.
[6] Another element that affects the exchange of capital is the relative level of knowledge of the bargaining parties. In conducting various forms of business transactions, the value of information or capital being offered by each of the two parties depends in part upon the knowledge each party has of the other. Current automated exchanges are price-driven. In conventional sales systems, the seller offers a product or service for a specified price, and the buyer must meet that price to close the sale.
[7] Therefore a long felt need has arisen for the facilitation of an integrated exchange of all types of capital and a secure, legal and simply operated peer-to-peer dispersed volatile documents and negotiable instruments transacting system and methods thereof.
SUMMARY OF THE INVENTION
[8] It is therefore one object of the present invention to disclose a secure, simply and intuitively operated peer-to-peer (client-to-client, client-to-business, or business-to-business and any combinations thereof) volatile documents and negotiable instruments (D&I) faultless transacting communication system, comprising: at least one first client (Ci) and at least one second client (Cj), each of which is having at a given time (Tp) at least one first D&I, namely (D&I)i(Ci)(Tp) having value I at Tp and (D&I)j(Cj)(Tp) having value J at Tp respectively; at least one first computer readable medium (CRMi), operative by said at least one first client (Ci) at said given time (Tp), configure for storing said (D&I)i(Ci)(Tp); and at least one second computer readable medium (CRMj), operative by said at least one second client (Cj) at said given time (Tp), configure for storing said (D&I)j(Cj)(Tp); at least one operator, in communication, by means of a computer readable medium (CRMop) with said at least one first client (Ci) and at least one second client (Cj) via said CRMi and CRMi, respectively; said CRMi is further configured to communicate with said CRMop and to signal at least one first signal (Si) related with said (D&I)i(Ci)(Tp); and said CRMj is further configured to communicate with said CRMop and to signal at least one second signal (Sj) related with said (D&I)j(Cj)(Tp); wherein at least one of the following is held true: upon bilaterally (i) receiving said Si from said Ci, and (ii) receiving said Sj from said Cj; and further upon both (i) said Si is indicative for sharing said (D&I)i(Ci)(Tp) and (ii) said Sj is indicative for sharing said (D&I)j(Cj)(Tp); and further upon said value I is equal to or greater than said value J; said operator by means of said CRM^,, for a predefined commission in a value Cop(TP), concurrently (i) transacts said Ci said (D&I)j(Cj)(Tp) in a value of Vj; and (ii) transacts said Cj said (D&I)i(Ci)(Tp) in a value of Vj; Vj equals to I-(I-J)-Cop(TP); and upon unilaterally biding, namely receiving from said Ci said Si indicative for sharing said (D&I)i(Ci)(Tp) in value I for (D&I)j(Cj)(Tp) in value equals to or lower than I-(I-J)-Cop(TP); said operator is signaling said Cj said Si; upon receiving said Si, and if acceptable, said Cj signals said operator said Sj indicative for sharing said (D&I)j(Cj)(Tp) for said (D&I)i(Ci)(Tp) in value equals to or lower than I-(I-J)-Cop(TP); upon receiving said Sj from said Cj, said operator, by means of said CRMop, for said Cop(TP), concurrently (i) transacts said Ci said (D&I)j(Cj)(Tp) in a value of Vj; and (ii) transacts said Cj said (D&I)i(Ci)(Tp) in a value of Vj; Vj equals to I-(I-J)-Cop(TP).
[9] It is a further object of the present invention to disclose a signal of a peer-to-peer volatile documents and negotiable instruments (D&I) transaction, said signal comprising fields selected from: Client field, indicative for at least one first client (Ci) or at least one second client (Cj); Time field, indicative for a given time (Tp); and, D&I field, indicative for at least one D&I, (D&I); thereby said signal is indicative for (D&I)i(Ci)(Tp) or (D&I)j(Cj)(Tp), having value I at Tp, and (D&I)j(Cj)(Tp) having value J at Tp, respectively. [10] It is a further object of the present invention to disclose the signal as defined above, wherein said signal is communicable and processable in a peer-to-peer volatile documents and negotiable instruments (D&I) transacting communication system; said system comprising: at least one first client (Ci) and at least one second client (Cj), each of which is having at a given time (Tp) at least one first D&I, namely (D&I)i(Ci)(Tp) having value I at Tp and (D&I)j(Cj)(Tp) having value J at Tp respectively; at least one first computer readable medium (CRMi), operative by said at least one first client (Ci) at said given time (Tp), configure for storing said (D&I)i(Ci)(Tp); and at least one second computer readable medium (CRMj), operative by said at least one second client (Cj) at said given time (Tp), configure for storing said (D&I)j(Cj)(Tp); at least one operator, in communication, by means of a computer readable medium (CRMop) with said at least one first client (Ci) and at least one second client (Cj) via said CRMi and CRMi, respectively; said CRMi is further configured to communicate with said CRMop and to signal at least one first signal (Si) related with said (D&I)i(Ci)(Tp); and said CRMj is further configured to communicate with said CRMop and to signal at least one second signal (Sj) related with said (D&I)j(Cj)(Tp); and further wherein at least one of the following is held true: upon bilaterally (i) receiving said Si from said Ci, and (ii) receiving said Sj from said Cj; and further upon both (i) said Si is indicative for sharing said (D&I)i(Ci)(Tp) and (ii) said Sj is indicative for sharing said (D&I)j(Cj)(Tp); and further upon said value I is equal or greater than said value J; said operator by means of said CRMop, for a predefined commission in a value Cop(TP), concurrently (i) transacts said Ci said (D&I)j(Cj)(Tp) in a value of Vj; and (ii) transacts said Cj said (D&I)i(Ci)(Tp) in a value of Vj; Vj equals to I-(I-J)-Cop(TP); and upon unilaterally receiving from said Ci said Si indicative for sharing said (D&I)i(Ci)(Tp) in value I for (D&I)j(Cj)(Tp) in value equals to or lower than I-(I- J)-Cop(Tp); said operator is signaling said Cj said Si; upon receiving said Si, and if acceptable, said Cj signals said operator said Sj indicative for sharing said (D&I)j(Cj)(Tp) for said (D&I)j(Ci)(Tp) in value equals to or lower than I-(I-J)-Cop(TP); upon receiving said Sj from said Cj, said operator, by means of said CRMop, for said Cop(TP), concurrently (i) transacts said Ci said (D&I)j(Cj)(Tp) in a value of Vj; and (ii) transacts said Cj said (D&I)i(Ci)(Tp) in a value of Vj; Vj equals to I-(I-J)-Cop(Tp).
[11] It is a further object of the present invention to disclose a bilateral secure, simply and intuitively operated method for faultless peer-to-peer (client-to-client, client-to-busuness, or business-to-business) transacting volatile documents and negotiable instruments (D&I), comprising: providing at least one first client (Ci) and at least one second client (Cj), each of which is having at a given time (Tp) at least one first D&I, namely (D&I)i(Ci)(Tp) having value I at Tp and (D&I)j(Cj)(Tp) having value J at Tp respectively; configuring at least one first computer readable medium (CRMi), operative by said at least one first client (Ci) at said given time (Tp), for storing said (D&I)i(Ci)(Tp); and configuring at least one second computer readable medium (CRMj), operative by said at least one second client (Cj) at said given time (Tp), for storing said (D&I)j(Cj)(Tp); communicating at least one operator, by means of a computer readable medium (CRMop) with said at least one first client (Ci) and at least one second client (Cj) via said CRMi and CRMi, respectively; configuring said CRMi to communicate with said CRMop and to signal at least one first signal (Si) related with said (D&I)i(Ci)(Tp); and configuring said CRMj is to communicate with said CRMop and to signal at least one second signal (Sj) related with said (D&I)j(Cj)(Tp); and then upon receiving both said Si from said Ci, and said Sj from said Cj; and further upon indicating both said Si for sharing said (D&I)i(Ci)(Tp) and said Sj for sharing said (D&I)j(Cj)(Tp); and further upon providing said value I to be equal to or greater than said value J; then, said operator, by means of said CRMop, for a predefined commission in a value Cop(xP), concurrently transacting said Ci said (D&I)j(Cj)(Tp) in a value of Vj; and transacting said Cj said (D&I)i(Ci)(Tp) in a value of Vj; Vj equals to I-(I-J)-Cop(TP).
[12] It is a further object of the present invention to disclose a biding-like unilateral secure, simply and intuitively operated method for faultless peer-to-peer (client-to-client, client- to- busuness, or business-to-business) transacting volatile documents and negotiable instruments (D&I), comprising: providing at least one first client (Ci) and at least one second client (Cj), each of which is having at a given time (Tp) at least one first D&I, namely (D&I)i(Ci)(Tp) having value I at Tp and (D&I)j(Cj)(Tp) having value J at Tp respectively; configuring at least one first computer readable medium (CRMi), operative by said at least one first client (Ci) at said given time (Tp), for storing said (D&I)i(Ci)(Tp); and configuring at least one second computer readable medium (CRMj), operative by said at least one second client (Cj) at said given time (Tp), for storing said (D&I)j(Cj)(Tp); communicating at least one operator, by means of a computer readable medium (CRMop) with said at least one first client (Ci) and at least one second client (Cj) via said CRMi and CRMi, respectively; configuring said CRMi to communicate with said CRMop and to signal at least one first signal (Si) related with said (D&I)i(Ci)(Tp); and configuring said CRMj is to communicate with said CRMop and to signal at least one second signal (Sj) related with said (D&I)j(Cj)(Tp); upon receiving from said Ci said Si indicative for sharing said (D&I)i(Ci)(Tp) in value I for (D&I)j(Cj)(Tp) in value equals to or lower than I-(I-J)-Cop(TP); said operator is signaling said Cj said Si; upon receiving said Si, and if acceptable, said Cj signaling said operator said Sj indicative for sharing said (D&I)j(Cj)(Tp) for said (D&I)i(Ci)(Tp) in value equals to or lower than I-(I-J)-Cop(TP); upon receiving said Sj from said Cj, said operator, by means of said CRMop, for said Cop(TP), concurrently transacting said Q said (D&I)j(Cj)(Tp) in a value of Vj; and transacting said Cj said (D&I)i(Ci)(Tp) in a value of Vj; Vj equals to I-(I-J)-Cop(TP).
[13] It is a further object of the present invention to disclose the signal as defined above, wherein said signal is operative in a bilateral peer-to-peer volatile documents and negotiable instruments (D&I) transacting method comprising: providing at least one first client (Q) and at least one second client (Cj), each of which is having at a given time (Tp) at least one first D&I, namely (D&I)i(Ci)(Tp) having value I at Tp and (D&I)j(Cj)(Tp) having value J at Tp respectively; configuring at least one first computer readable medium (CRMi), operative by said at least one first client (Q) at said given time (Tp), for storing said (D&I)i(Ci)(Tp); and configuring at least one second computer readable medium (CRMj), operative by said at least one second client (Cj) at said given time (Tp), for storing said (D&I)j(Cj)(Tp); communicating at least one operator, by means of a computer readable medium (CRMop) with said at least one first client (Q) and at least one second client (Cj) via said CRMi and CRMi, respectively; configuring said CRMi to communicate with said CRMop and to signal at least one first signal (Si) related with said (D&I)i(Ci)(Tp); and configuring said CRMj is to communicate with said CRMop and to signal at least one second signal (Sj) related with said (D&I)j(Cj)(Tp); and then upon receiving both said Si from said Q, and said Sj from said Cj; and further upon indicating both said Si for sharing said (D&I)i(Ci)(Tp) and said Sj for sharing said (D&I)j(Cj)(Tp); and further upon providing said value I to be equal to or greater than said value J; then, said operator, by means of said CRMop, for a predefined commission in a value Cop(TP), concurrently transacting said Q said (D&I)j(Cj)(Tp) in a value of Vj; and transacting said Cj said (D&I)i(Ci)(Tp) in a value of Vj; Vj equals to I-(I-J)-Cop(TP).
[14] It is a further object of the present invention to disclose the signal as defined above, wherein said signal is operative in a unilateral peer-to-peer volatile documents and negotiable instruments (D&I) transacting method comprising: providing at least one first client (Q) and at least one second client (Cj), each of which is having at a given time (Tp) at least one first D&I, namely (D&I)i(Ci)(Tp) having value I at Tp and (D&I)j(Cj)(Tp) having value J at Tp respectively; configuring at least one first computer readable medium (CRMi), operative by said at least one first client (Q) at said given time (Tp), for storing said (D&I)i(Ci)(Tp); and configuring at least one second computer readable medium (CRMj), operative by said at least one second client (Cj) at said given time (Tp), for storing said (D&I)j(Cj)(Tp); communicating at least one operator, by means of a computer readable medium (CRMop) with said at least one first client (Ci) and at least one second client (Cj) via said CRMi and CRMi, respectively; configuring said CRMi to communicate with said CRMop and to signal at least one first signal (Si) related with said (D&I)i(Ci)(Tp); and configuring said CRMj is to communicate with said CRMop and to signal at least one second signal (Sj) related with said (D&I)j(Cj)(Tp); upon receiving from said Ci said Si indicative for sharing said (D&I)i(Ci)(Tp) in value I for (D&I)j(Cj)(Tp) in value equals to or lower than I-(I-J)-Cop(TP); said operator is signaling said Cj said Si; upon receiving said Si, and if acceptable, said Cj signaling said operator said Sj indicative for sharing said (D&I)j(Cj)(Tp) for said (D&I)i(Ci)(Tp) in value equals to or lower than I-(I-J)-C0p(Tp); upon receiving said Sj from said Cj, said operator, by means of said CRMop, for said Cop(TP), concurrently transacting said Ci said (D&I)j(Cj)(Tp) in a value of Vj; and transacting said Cj said (D&I)i(Ci)(Tp) in a value of Vj; Vj equals to I-(I-J)-Cop(TP).
[15] It is a further object of the present invention to disclose a loadable credit card or the like (smart-card available on a smartphone etc. (LCC) or non-loadable (single use, disposable credit card or like) for a bilateral peer-to-peer volatile documents and negotiable instruments (D&I) transaction; said credit card is operative in a method of: providing at least one first client (Ci) and at least one second client (Cj), each of which is having at a given time (Tp) at least one first D&I, namely (D&I)i(Ci)(Tp) having value I at Tp and (D&I)j(Cj)(Tp) having value J at Tp respectively; providing said Ci with at least one first LCCz, configuring and communicating the same to at least one first computer readable medium (CRMi), operative by said at least one first client (Ci) at said given time (Tp), for storing said (D&I)i(Ci)(Tp); and providing said Ci with at least one first LCC/, configuring and communicating the same to at least one second computer readable medium (CRMj), operative by said at least one second client (Cj) at said given time (Tp), for storing said (D&I)j(Cj)(Tp); communicating at least one operator, by means of a computer readable medium (CRMop) with said at least one first client (Ci) and at least one second client (Cj) via said LCQ or CRMi and LCCj or CRMi, respectively; configuring said CRMi to communicate with said CRMop and to signal at least one first signal (Si) related with said (D&I)i(Ci)(Tp); and configuring said CRMj is to communicate with said CRMop and to signal at least one second signal (Sj) related with said (D&I)j(Cj)(Tp); and then upon receiving both said Si from said Ci, and said Sj from said Cj; and further upon indicating both said Si for sharing said (D&I)i(Ci)(Tp) and said Sj for sharing said (D&I)j(Cj)(Tp); and further upon providing said value I to be equal to or greater than said value J; then, said operator, by means of said CRMop, for a predefined commission in a value Cop(Tp), concurrently transacting said Ci said (D&I)j(Cj)(Tp) in a value of Vj; and transacting said Cj said (D&I)i(Ci)(Tp) in a value of Vj; Vj equals to I-(I-J)-Cop(TP).
[16] It is a further object of the present invention to disclose a loadable credit card (LCC) as defined above, for a unilateral peer-to-peer volatile documents and negotiable instruments (D&I) transaction; said credit card is operative in a method of: providing at least one first client (Ci) and at least one second client (Cj), each of which is having at a given time (Tp) at least one first D&I, namely (D&I)i(Ci)(Tp) having value I at Tp and (D&I)j(Cj)(Tp) having value J at Tp respectively; providing said Ci with at least one first LCCz, configuring and communicating the same to at least one first computer readable medium (CRMi), operative by said at least one first client (Ci) at said given time (Tp), for storing said (D&I)i(Ci)(Tp); and providing said Ci with at least one first LCC/, configuring and communicating the same to at least one second computer readable medium (CRMj), operative by said at least one second client (Cj) at said given time (Tp), for storing said (D&I)j(Cj)(Tp); communicating at least one operator, by means of a computer readable medium (CRMop) with said at least one first client (Ci) and at least one second client (Cj) via said LCQ or CRMi and LCCj or CRMi, respectively; configuring said CRMi to communicate with said CRMop and to signal at least one first signal (Si) related with said (D&I)i(Ci)(Tp); and configuring said CRMj is to communicate with said CRMop and to signal at least one second signal (Sj) related with said (D&I)j(Cj)(Tp); upon receiving from said Ci said Si indicative for sharing said (D&I)i(Ci)(Tp) in value I for (D&I)j(Cj)(Tp) in value equals to or lower than I-(I-J)-Cop(TP); said operator is signaling said Cj said Si; upon receiving said Si, and if acceptable, said Cj signaling said operator said Sj indicative for sharing said (D&I)j(Cj)(Tp) for said (D&I)i(Ci)(Tp) in value equals to or lower than I-(I-J)-Cop(TP); upon receiving said Sj from said Cj, said operator, by means of said CRMop, for said Cop(TP), concurrently transacting said Ci said (D&I)j(Cj)(Tp) in a value of Vj; and transacting said Cj said (D&I)i(Ci)(Tp) in a value of Vj; Vj equals to I-(I-J)-
[17] It is a further object of the present invention to disclose a peer-to-peer volatile documents and negotiable instruments (D&I) transacting communication system, comprising a computer server of a volatile documents and negotiable instruments (D&I) environment; the computer server including one or more computers having non-transitory instructions stored thereon that when executed cause the one or more computers: to verify at least one first client (Ci) and at least one second client (Cj), each of which is having at a given time (Tp) at least one first D&I, namely (D&I)i(Ci)(Tp) having value I at Tp and (D&I)j(Cj)(Tp) having value J at Tp respectively using a processor and a memory; to configure at least one first computer readable medium (CRMi), operative by said at least one first client (Ci) at said given time (Tp) for storing said (D&I)i(Ci)(Tp); and at least one second computer readable medium (CRMj), operative by said at least one second client (Cj) at said given time (Tp) for storing said (D&I)j(Cj)(Tp); to communicate at least one operator, by means of a computer readable medium (CRMop) with said at least one first client (Ci) and at least one second client (Cj) via said CRMi and CRMi, respectively; to configure said CRMi to communicate with said CRMop and to signal at least one first signal (Si) related with said (D&I)i(Ci)(Tp); and configuring said CRMj is to communicate with said CRMop and to signal at least one second signal (Sj) related with said (D&I)j(Cj)(Tp); upon receiving from said Ci said Si indicative for sharing said (D&I)i(Ci)(Tp) in value I for (D&I)j(Cj)(Tp) in value equals to or lower than I-(I- J)-Cop(Tp); said operator is signaling said Cj said Si; upon receiving said Si, and if acceptable, said Cj signaling said operator said Sj indicative for sharing said (D&I)j(Cj)(Tp) for said (D&I)i(Ci)(Tp) in value equals to or lower than I-(I-J)-Cop(TP); upon receiving said Sj from said Cj, said operator, by means of said CRMop, for said Cop(TP), concurrently transacting said Ci said (D&I)j(Cj)(Tp) in a value of Vj; and transacting said Cj said (D&I)i(Ci)(Tp) in a value of Vj; Vj equals to I-(I-J)-Cop(TP).
[18] It is a further object of the present invention to disclose a computer server including one or more processors having non-transitory instructions stored thereon that when executed cause the computer server: to verify at least one first client (Ci) and at least one second client (Cj), each of which is having at a given time (Tp) at least one first D&I, namely (D&I)i(Ci)(Tp) having value I at Tp and (D&I)j(Cj)(Tp) having value J at Tp respectively using a processor and a memory; to configure at least one first computer readable medium (CRMi), operative by said at least one first client (Ci) at said given time (Tp) for storing said (D&I)i(Ci)(Tp); and at least one second computer readable medium (CRMj), operative by said at least one second client (Cj) at said given time (Tp) for storing said (D&I)j(Cj)(Tp); to communicate at least one operator, by means of a computer readable medium (CRMop) with said at least one first client (Q) and at least one second client (Cj) via said CRMi and CRMi, respectively; to configure said CRMi to communicate with said CRMop and to signal at least one first signal (Si) related with said (D&I)i(Ci)(Tp); and configuring said CRMj is to communicate with said CRMop and to signal at least one second signal (Sj) related with said (D&I)j(Cj)(Tp); upon receiving from said Ci said Si indicative for sharing said (D&I)i(Ci)(Tp) in value I for (D&I)j(Cj)(Tp) in value equals to or lower than I-(I-J)-Cop(TP); said operator is signaling said Cj said Si; upon receiving said Si, and if acceptable, said Cj signaling said operator said Sj indicative for sharing said (D&I)j(Cj)(Tp) for said (D&I)i(Ci)(Tp) in value equals to or lower than I-(I-J)-Cop(TP); upon receiving said Sj from said Cj, said operator, by means of said CRMop, for said Cop(TP), concurrently transacting said Q said (D&I)j(Cj)(Tp) in a value of Vj; and transacting said Cj said (D&I)i(Ci)(Tp) in a value of Vj; Vj equals to I-(I-J)-
It is a further object of the present invention to disclose a method for peer-to-peer transacting volatile documents and negotiable instruments (D&I), comprising verifying at least one first client (Q) and at least one second client (Cj), each of which is having at a given time (Tp) at least one first D&I, namely (D&I)i(Ci)(Tp) having value I at Tp and (D&I)j(Cj)(Tp) having value J at Tp respectively using a processor and a memory; configuring at least one first computer readable medium (CRMi), operative by said at least one first client (Q) at said given time (Tp) for storing said (D&I)i(Ci)(Tp); and at least one second computer readable medium (CRMj), operative by said at least one second client (Cj) at said given time (Tp) for storing said (D&I)j(Cj)(Tp); communicating at least one operator, by means of a computer readable medium (CRMop) with said at least one first client (Q) and at least one second client (Cj) via said CRMi and CRMi, respectively; configuring said CRMi to communicate with said CRMop and to signal at least one first signal (Si) related with said (D&I)i(Ci)(Tp); and configuring said CRMj is to communicate with said CRMop and to signal at least one second signal (Sj) related with said (D&I)j(Cj)(Tp); upon receiving from said Q said Si indicative for sharing said (D&I)i(Ci)(Tp) in value I for (D&I)j(Cj)(Tp) in value equals to or lower than I-(I- J)-Cop(Tp); signaling said Cj said Si; upon receiving said Si, and if acceptable, signaling said operator for sharing said (D&I)j(Cj)(Tp) for said (D&I)i(Ci)(Tp) in value equals to or lower than I-(I-J)-Cop(TP); upon receiving said Sj from said Cj, by means of said CRMop, for said C0p(Tp), concurrently transacting said Q said (D&I)j(Cj)(Tp) in a value of Vj; and transacting said Cj said (D&I)i(Ci)(Tp) in a value of Vj; Vj equals to I-(I-J)-Cop(TP).
BRIEF DESCRIPTION OF THE FIGURES
[19] In the following detailed description of the preferred embodiments, reference is made to the accompanying drawings that form a part thereof, and in which are shown by way of illustration specific embodiments in which the invention may be practiced. It is understood that other embodiments may be utilized and structural changes may be made without departing from the scope of the present invention. The present invention may be practiced according to the claims without some or all of these specific details. For the purpose of clarity, technical material that is known in the technical fields related to the invention has not been described in detail so that the present invention is not unnecessarily obscured.
Fig. 1 is a block diagram of one embodiment of a system of the present invention;
Fig. 2 is a schematic flow diagram of one embodiment illustrating a flow chart of a method for the present invention;
Fig. 3 is a schematic diagram illustrating communication transacting of volatile documents and negotiable instruments;
DETAILED DESCRIPTION OF THE PREFERRED EMBODIMENTS
[20] In the following description, various aspects of the invention will be described. For the purposes of explanation, specific details are set forth in order to provide a thorough understanding of the invention. It will be apparent to one skilled in the art that there are other embodiments of the invention that differ in details without affecting the essential nature thereof. Therefore the invention is not limited by that which is illustrated in the figure and described in the specification, but only as indicated in the accompanying claims, with the proper scope determined only by the broadest interpretation of said claims.
[21] As used hereinafter, the term "volatile document" is used to describe at least one of the following: images, photos, illustrations, diagrams, figures, numerical information, text, data, retrievable content or links thereto, records of data, fields of data, computer readable information, any data being retrievable or communicable by computers or computer-based systems, magnetic data, time resolved information, identified data and identifying records and means thereof, an Internet Protocol (IP) address and associated data. The term also refers to money, currency, bank note, coin(s), national currency, regional currency, specifically used or specifically oriented or targeted currency, medium of exchange, and any combination thereof.
[22] As used hereinafter, the term "negotiable instrument" is used to describe a document, including a computer readable medium comprising or associated with retrievably data and means for guaranteeing the payment of a specific amount of money in general, either on demand, or at a set time with the payer named on the negotiable instrument. The term specifically refers to a document contemplated by a contract, which warrants the payment of money without condition which may be paid on demand or at a future date. The term also refers to an unconditional order in writing, addressed by one person to another, signed by the person giving it, requiring the person to whom it is addressed to pay on demand, or at a fixed or determinable future time, a sum certain in money to or to the order of a specified person, or to bearer. The term also refers to a bill of exchange drawn on a banker payable on demand, and to an unconditional promise in writing made by one person to another, signed by the maker, engaging to pay on demand, or at a fixed or determinable future time, a sum certain in money to or to the order of a specified person or to bearer. The term further refers to an unconditional promise or order to pay a fixed amount of money, with or without interest or other charges described in the promise or order, if it: (1) is payable to bearer or to order at the time it is issued or first comes into possession of a holder; (2) is payable on demand or at a definite time; and (3) does not state any other undertaking or instruction by the person promising or ordering payment to do any act in addition to the payment of money, but the promise or order may contain (i) an undertaking or power to give, maintain, or protect collateral to secure payment, (ii) an authorization or power to the holder to confess judgment or realize on or dispose of collateral, or (iii) a waiver of the benefit of any law intended for the advantage or protection of an obligor, (b) "Instrument" means a negotiable instrument, (c) An order that meets all of the requirements of subsection (a), except above mentioned paragraph (1), and otherwise falls within the definition of "check" in subsection (f) is a negotiable instrument and a check, (d) A promise or order other than a check is not an instrument if, at the time it is issued or first comes into possession of a holder, it contains a conspicuous statement, however expressed, to the effect that the promise or order is not negotiable or is not an instrument governed by the said above.
[23] Each of the aforesaid terms or both is collectively and interchangeably used hereinafter in the term "documents and instruments" or D&I in short.
[24] As used hereinafter, the term "client" is used to describe a client himself or any third party, either one or more Clients or one or more Businesses, authorized by said client to transact at least one and at least once predefined client's D&I.
[25] The term "CRM" computer readable medium, interchangeably refers hereinafter to any memory that can be accessed and interfaced with by a machine (e.g. computer) including, but not limited to, high-speed random access memory and may also include non-volatile memory, such as one or more magnetic disk storage devices, flash memory devices, or other nonvolatile solid-state memory devices, a direct-access data storage media such as hard disks, CD-RWs and DVD-RW can also be used to store software components and/ or image databases.
[26] The term "display screen" interchangeably refers hereinafter to any surface, known in the art, that accepts input from the user based on any contact. The screen, along with any associated modules and/or sets of instructions in memory) detect contact, movement, detachment from interaction on the screen and convert the detected contact into interaction with user-interface objects (e.g., one or more soft keys, icons, images, texts) that are displayed on the screen. The user can navigate between the graphical outputs presented on the screen, and interact with presented digital navigation. Additionally or alternatively, the present application can be connected to a user interface detecting input from a keyboard, a button, a click wheel, a touchpad, a roller, a computer mouse, a motion detector, sound detector, speech detector, joystick, and etc., for activating or deactivating particular functions. A user can navigate among and interact with one or more graphical user interface objects that represent at least visual navigation content, displayed on screen. Preferably, the user navigates and interacts with the content/user interface objects by means of a touch screen. In some embodiments the interaction is by means such as computer mouse, motion sensor, keyboard, voice activation, joystick, electronic pad and pen, touch sensitive pad, a designated set of buttons, soft keys, and the like.
[27] Money changing, e.g., foreign currency exchange, is currently legally allowed and operable by licensed money exchanging offices, banks, post offices and the like for a considerable commission. Alternatively, foreign currency can be exchanged by using (buying foreign currency, products and/or services) by an international credit card; foreign currency withdrawal from banks and ATMs. The exchanging commission is relatively high at all of those existing alternatives. High commissions reduce the economic utility of the entire deal and hinder commercialization in the market. A significant reduction of such a high commission is a long felt commercial and financial need.
[28] An embodiment of present invention provides an internet site, a smartphone application or their like, in which end users, clients, business will freely exchange currency with themselves in a peer-to-peer, end users to end user, client-to-client, business-to-client, business-to-business manner, all denoted hereinafter in the term "peer-to-peer". A centralized operator, being legally allowed licensed money exchanging office or the like, is mediating and facilitating such peer-to-peer transactions for a reasonable commission. Such a novel mediating and facilitating activity is provided, according to an embodiment of the invention, in a full or partially predefined anonymity.
[29] According to yet another embodiment of the hereto defined technology, such a peer-to- peer volatile documents and negotiable instruments (D&I) transacting mechanism, systems and methods are provided useful by direct or indirect utilization of a loadable credit card, which may be applicable for a single (e.g., local-) currency or for a plurality of foreign currencies and their like (USD, UK pound, Euro, Yen, NIS, Bitcoin etc.), by bank-to-bank transaction, secured wiring, swifting (by means of a Society for Worldwide Interbank Financial Telecommunication) etc.
[30] According to yet another embodiment of the hereto defined technology, a secured, simply and intuitively operated, peer-to-peer volatile documents and negotiable instruments (D&I) faultless transacting communication system is presented. The system comprising at least one first client (Ci) and at least one second client (Cj), each of which is having at a given time (Tp) at least one first D&I, namely (D&I)i(Ci)(Tp) having value I at Tp and (D&I)j(Cj)(Tp) having value J at Tp respectively; at least one first computer readable medium (CRMi), operative by said at least one first client (Ci) at said given time (Tp), configure for storing said (D&I)i(Ci)(Tp); and at least one second computer readable medium (CRMj), operative by said at least one second client (Cj) at said given time (Tp), configure for storing said (D&I)j(Cj)(Tp); at least one operator, in communication, by means of a computer readable medium (CRMop) with said at least one first client (Ci) and at least one second client (Cj) via said CRMi and CRMi, respectively. The CRMi is further configured to communicate with said CRMop and to signal at least one first signal (Si) related with said (D&I)i(Ci)(Tp); and said CRMj is further configured to communicate with said CRMop and to signal at least one second signal (Sj) related with said (D&I)j(Cj)(Tp).
[31] The system is operatable in or more mechanisms as follows: A bilateral mechanism comprises, inter alia, steps as follows: (i) receiving said Si from said Ci, and (ii) receiving said Sj from said Cj; and further upon both (i) said Si is indicative for sharing said (D&I)i(Ci)(Tp) and (ii) said Sj is indicative for sharing said (D&I)j(Cj)(Tp); and further upon said value I is equal to or greater than said value J; said operator by means of said CRMop, for a predefined commission in a value Cop(TP), concurrently (i) transacts said Ci said (D&I)j(Cj)(Tp) in a value of Vj; and (ii) transacts said Cj said (D&I)i(Ci)(Tp) in a value of Vj; Vj equals to I-(I-J)-Cop(TP). [32] A unilateral, biding-like mechanism comprises, inter alia, steps as follows: receiving from said Q said Si indicative for sharing said (D&I)i(Ci)(Tp) in value I for (D&I)j(Cj)(Tp) in value equals to or lower than I-(I-J)-Cop(TP); said operator is signaling said Cj said Si; upon receiving said Si, and if acceptable, said Cj signals said operator said Sj indicative for sharing said (D&I)j(Cj)(Tp) for said (D&I)i(Ci)(Tp) in value equals to or lower than I-(I-J)-Cop(TP); upon receiving said Sj from said Cj, said operator, by means of said CRMop, for said Cop(TP), concurrently (i) transacts said Q said (D&I)j(Cj)(Tp) in a value of Vj; and (ii) transacts said Cj said (D&I)i(Ci)(Tp) in a value of Vj; Vj equals to I-(I-J)-Cop(TP).
[33] Thus, a first client (John, USA, trading US dollars) (Q) and a second client (Pierre, France, trading Euros) (Cj) upload and registered to a dedicated peer-to-peer D&I transacting smartphone application, operated by an operator. Loadable dedicated credit cards are then sent to their address: one to John and second to Pierre. It is acknowledged in this respect that shipment of such an empty credit card is hazardless and possesses no risk to the clients or to the operator. Then, upon receiving the empty credit card, John and Pier are loading the credit card with one or more currencies, and one or more values for each currency.
[34] According to yet another embodiment of the hereto defined technology, a client is loading his credit card with foreign currency or similarly buying the same from his bank account by one or more possible routes: his credit card (any credit card); bank transfer of any kind, cash money deposit in a bank or the like or by transferring money from a bank account to another credit card to his said loadable credit card.
[35] At a given time, following this example, John is wishing to buy/load a sum of 10 Euros (D&I)i(Ci)(Tp) I = 10 Euros, from his credit card (LCQ); whilst Pierre indicates that he wishes to sell/unload 9 Euros (D&I)j(Cj)(Tp) from his credit card (LLCj). Such operations: buy/load and sell/unload are applicable, according to yet another embodiment of the hereto defined technology, by an immediate order at best price (best value); by a time-restriction indication; by a partial value indication etc.
[36] John and Pierre, by using their credit cards (LLQ, LCCj, respectively) in any bank, ATM, smartphone etc (CRMi, CRMj, respectively), ensure operator transact the (D&I)i(Ci)(Tp) I = 9 of John and (D&I)j(Cj)(Tp) J = 9 of Pierre for a very low commission. If Cop(TP) is 1% (and not 5% as currently applicable in such a commerce), then the value of the transaction is Vj which equals to I-(I-J)-Cop(TP); or in another words: 10-(10-9)-l% = 9-1% = 8.91 Euro (and not 8.55 Euros as currently applicable in such a commerce). Hence, Pierre and John all together saved 0.36 Euros in a secure and intuitively operated client-to-client transaction.
[37] Client-to-business systems are heavily regulated all over the world. Example is now given: according to the Commission Regulation (EC) 1287/2006 implementing Directive 2004/39/EC of the European Parliament and of the Council as regards organizational requirements and operating conditions for investment firms and defined terms for the purposes of that Directive.
[38] According to yet another embodiment of the hereto defined technology, the signals (Si, Sj etc.) provides a novel standard for C2C transaction of D&I.
[39] According to yet another embodiment of the hereto defined technology, the aforesaid signals comprises three fields: Client field, indicative for at least one first client (CO or at least one second client (Cj); Time field, indicative for a given time (Tp); and D&I field, indicative for at least one D&I, (D&I).
[40] According to yet another embodiment of the hereto defined technology, the aforesaid signals comprises fields as defined by COBS 11.5.1: Record keeping: client orders and transactions; Financial Services and Markets Act 2000, and especially section 137A (The FCA's general rules); section 137T (General supplementary powers); and section 139A (Power of the FCA to give guidance); which is read in the light of the present invention as follows: Business or a Client shall, in relation to every order received from another Business or Client, make a multi fields record selected from the following group: (1) the name or other designation of the client; (2) the name or other designation of any relevant person acting on behalf of the client; (3) the nature of the order if other than buy or sell; (4) the type of the order; (5) any other details, conditions and particular instructions from the client that specify how the order must be carried out; (6) the date and exact time of the receipt of the order, or of the decision to deal, by the investment firm; and (7), all or a few details as defined below at table 1 :
Figure imgf000018_0001
Figure imgf000019_0001
MiFID Regulation. thereby the signal for a C2C volatile documents and negotiable instruments (D&I) transaction, of the present technology is indicative for (D&I)i(Ci)(Tp) or (D&I)j(Cj)(Tp), [both are example of a three-fields only signals!] having value I at Tp, and (D&I)j(Cj)(Tp) having value J at Tp, respectively.
[41] It is further in the scope of the present invention wherein the aforesaid signal is communicable and processable in a peer-to-peer volatile documents and negotiable instruments (D&I) transacting communication system, and the system comprises at least one first client (Ci) and at least one second client (Cj), each of which is having at a given time (Tp) at least one first D&I, namely (D&I)i(Ci)(Tp), having value I at Tp and (D&I)j(Cj)(Tp), having value J at Tp respectively; at least one first computer readable medium (CRMi), operative by said at least one first client (Ci) at said given time (Tp), configure for storing said (D&I)i(Ci)(Tp); and at least one second computer readable medium (CRMj), operative by said at least one second client (Cj) at said given time (Tp), configure for storing said (D&I)j(Cj)(Tp); at least one operator, in communication, by means of a computer readable medium (CRMop) with said at least one first client (Ci) and at least one second client (Cj) via said CRMi and CRMi, respectively; and said CRMi is further configured to communicate with said CRMop and to signal at least one first signal (Si) related with said (D&I)i(Ci)(Tp); and said CRMj is further configured to communicate with said CRMq, and to signal at least one second signal (Sj) related with said (D&I)j(Cj)(Tp).
[42] It is further in the scope of the present invention wherein at least one of the following transaction mechanism is held true: upon bilaterally (i) receiving said Si from said Ci, and (ii) receiving said Sj from said Cj; and further upon both (i) said Si is indicative for sharing said (D&I)i(Ci)(Tp) and (ii) said Sj is indicative for sharing said (D&I)j(Cj)(Tp); and further upon said value I is equal or greater than said value J; said operator by means of said CRMop, for a predefined commission in a value Cop(TP), concurrently (i) transacts said Ci said (D&I)j(Cj)(Tp) in a value of Vj; and (ii) transacts said Cj said (D&I)i(Ci)(Tp) in a value of Vj; Vj equals to I-(I-J)-Cop(TP); and/or upon unilaterally receiving from said Ci said Si indicative for sharing said (D&I)i(Ci)(Tp) in value I for (D&I)j(Cj)(Tp) in value equals to or lower than I- (I-J)-Cop(Tp); said operator is signaling said Cj said Si; upon receiving said Si, and if acceptable, said Cj signals said operator said Sj indicative for sharing said (D&I)j(Cj)(Tp) for said (D&I)i(Ci)(Tp) in value equals to or lower than I-(I-J)-Cop(TP); upon receiving said Sj from said Cj, said operator, by means of said CRMop, for said Cop(TP), concurrently (i) transacts said Ci said (D&I)j(Cj)(Tp) in a value of Vj; and (ii) transacts said Cj said (D&I)i(Ci)(Tp) in a value of Vj; Vj equals to I-(I-J)-Cop(TP). [43] It is further in the scope of the invention wherein an alternative embodiment is provided useful: said first clients Q are patients of a clinical pathology and said second clients Cj are doctors, experts in treating said pathology, and said (D&I)i(Ci)(Tp) is/are medical analysis results and/or related data and images thereof (blood pressure, EKG schemes, glucose level, CT readings etc.); and said (D&I)j(Cj)(Tp) is/are selected from a group consisting of clinical prognosis or analysis or treatment advices, invoices and any combination thereof.
[44] It is further in the scope of the invention wherein an alternative embodiment is provided useful: said first clients Q are drivers looking for car-for-rant clients and said second clients Cj are car-for-rant service providers, and said (D&I)i(Ci)(Tp) is/are car specification, area of use etc.; and said (D&I)j(Cj)(Tp) is/are matching details of car specification, area of use, invoice/price offer etc.
[45] Such a set of peer-to-peer transactions as defined above are significantly beneficial to the clients for convenience: 24/7 working hours; cooperative & community trade: best price trading rate and low commissions; no credit is required by the loadable credit card; a manual cash deposit optional mechanism; no credit card handling commissions; personal security, whereas cash foreign money is not carried.
[46] Moreover, such a set of peer-to-peer transaction systems and C2C transacting methods thereof are advisable for even more reasons: Financial services are tending to shift towards internet-based facilities; cooperative & community trade is ever growing trend; multinational foreign currency trade system is a gathering a cutting edge market niche; loadable credit cards are used more than ever, whilst cash money is to be restricted by both end users and governments; peer-to-peer transaction systems are favored by current regulators; trade commissions of e.g., from two percent to five percent are provided a huge commercial interest; and last, and not least; the customers of said peer-to-peer transaction system provides a potential for a very big customer's database which respectfully gaining a significant commercial value and is an asset per ce.
[47] It is further in the scope of the present invention wherein peer-to-peer volatile documents and negotiable instruments (D&I) transacting communication system comprises a computer server of a volatile documents and negotiable instruments (D&I) environment; the computer server including one or more computers having non-transitory instructions stored thereon that when executed cause the one or more computers: to verify at least one first client (Ci) and at least one second client (Cj), each of which is having at a given time (Tp) at least one first D&I, namely (D&I)i(Ci)(Tp) having value I at Tp and (D&I)j(Cj)(Tp) having value J at Tp respectively using a processor and a memory; to configure at least one first computer readable medium (CRMi), operative by said at least one first client (Ci) at said given time (Tp) for storing said (D&I)i(Ci)(Tp); and at least one second computer readable medium (CRMj), operative by said at least one second client (Cj) at said given time (Tp) for storing said (D&I)j(Cj)(Tp); to communicate at least one operator, by means of a computer readable medium (CRMop) with said at least one first client (Ci) and at least one second client (Cj) via said CRMi and CRMi, respectively; to configure said CRMi to communicate with said CRMop and to signal at least one first signal (Si) related with said (D&I)i(Ci)(Tp); and configuring said CRMj is to communicate with said CRMop and to signal at least one second signal (Sj) related with said (D&I)j(Cj)(Tp); upon receiving from said Ci said Si indicative for sharing said (D&I)i(Ci)(Tp) in value I for (D&I)j(Cj)(Tp) in value equals to or lower than I-(I-J)- C0p(Tp); said operator is signaling said Cj said Si; upon receiving said Si, and if acceptable, said Cj signaling said operator said Sj indicative for sharing said (D&I)j(Cj)(Tp) for said (D&I)i(Ci)(Tp) in value equals to or lower than I-(I-J)-Cop(TP); upon receiving said Sj from said Cj, said operator, by means of said CRMop, for said Cop(TP), concurrently transacting said Ci said (D&I)j(Cj)(Tp) in a value of Vj; and transacting said Cj said (D&I)i(Ci)(Tp) in a value of Vj; Vj equals to I-(I-J)-Cop(Tp).
[48] It is further in the scope of the present invention wherein a computer server includes one or more processors having non-transitory instructions stored thereon that when executed cause the computer server: to verify at least one first client (Ci) and at least one second client (Cj), each of which is having at a given time (Tp) at least one first D&I, namely (D&I)i(Ci)(Tp) having value I at Tp and (D&I)j(Cj)(Tp) having value J at Tp respectively using a processor and a memory; to configure at least one first computer readable medium (CRMi), operative by said at least one first client (Ci) at said given time (Tp) for storing said (D&I)i(Ci)(Tp); and at least one second computer readable medium (CRMj), operative by said at least one second client (Cj) at said given time (Tp) for storing said (D&I)j(Cj)(Tp); to communicate at least one operator, by means of a computer readable medium (CRMop) with said at least one first client (Q) and at least one second client (Cj) via said CRMi and CRMi, respectively; to configure said CRMi to communicate with said CRMop and to signal at least one first signal (Si) related with said (D&I)i(Ci)(Tp); and configuring said CRMj is to communicate with said CRMop and to signal at least one second signal (Sj) related with said (D&I)j(Cj)(Tp); upon receiving from said Ci said Si indicative for sharing said (D&I)i(Ci)(Tp) in value I for (D&I)j(Cj)(Tp) in value equals to or lower than I-(I-J)-Cop(TP); said operator is signaling said Cj said Si; upon receiving said Si, and if acceptable, said Cj signaling said operator said Sj indicative for sharing said (D&I)j(Cj)(Tp) for said (D&I)i(Ci)(Tp) in value equals to or lower than I-(I-J)-Cop(TP); upon receiving said Sj from said Cj, said operator, by means of said CRMop, for said Cop(TP), concurrently transacting said Ci said (D&I)j(Cj)(Tp) in a value of Vj; and transacting said Cj said (D&I)i(Ci)(Tp) in a value of Vj; Vj equals to I-(I-J)-
[49] It is further in the scope of the present invention wherein a method for peer-to-peer transacting volatile documents and negotiable instruments (D&I) comprises verifying at least one first client (Ci) and at least one second client (Cj), each of which is having at a given time (Tp) at least one first D&I, namely (D&I)i(Ci)(Tp) having value I at Tp and (D&I)j(Cj)(Tp) having value J at Tp respectively using a processor and a memory; configuring at least one first computer readable medium (CRMi), operative by said at least one first client (Ci) at said given time (Tp) for storing said (D&I)i(Ci)(Tp); and at least one second computer readable medium (CRMj), operative by said at least one second client (Cj) at said given time (Tp) for storing said (D&I)j(Cj)(Tp); communicating at least one operator, by means of a computer readable medium (CRMop) with said at least one first client (Ci) and at least one second client (Cj) via said CRMi and CRMi, respectively; configuring said CRMi to communicate with said CRMop and to signal at least one first signal (Si) related with said (D&I)i(Ci)(Tp); and configuring said CRMj is to communicate with said CRMop and to signal at least one second signal (Sj) related with said (D&I)j(Cj)(Tp); upon receiving from said Ci said Si indicative for sharing said (D&I)i(Ci)(Tp) in value I for (D&I)j(Cj)(Tp) in value equals to or lower than I-(I- J)-Cop(TP); signaling said Cj said Si; upon receiving said Si, and if acceptable, signaling said operator for sharing said (D&I)j(Cj)(Tp) for said (D&I)i(Ci)(Tp) in value equals to or lower than I-(I-J)-Cop(TP); upon receiving said Sj from said Cj, by means of said CRMop, for said Cop(TP), concurrently transacting said Ci said (D&I)j(Cj)(Tp) in a value of Vj; and transacting said Cj said (D&I)i(Ci)(Tp) in a value of Vj; Vj equals to I-(I-J)-Cop(TP).
[50] Reference is now made to Fig. 1 is a block diagram of one embodiment of a system for for communication transacting of volatile documents and negotiable instruments between at least one first client (Ci) and at least one second client (Cj), each of which is having at a given time (Tp) at least one first D&I, namely (D&I)i(C (Tp) having value I at Tp and (D&I)j(Cj)(Tp) having value J at Tp respectively, each of which accesses said computing device system through a computer network interface 100, said computing device 11 comprising a storage system 12 and further comprising verifying module to verify at least one first client (Ci) and at least one second client (Cj), each of which is having at a given time (Tp) at least one first D&I, namely (D&I)i(Ci)(Tp) having value I at Tp and (D&I)j(Cj)(Tp) having value J at Tp respectively using a processor and a memory 110; configuring module to configure at least one first computer readable medium (CRMi), operative by said at least one first client (Ci) at said given time (Tp) for storing said (D&I)i(Ci)(Tp) 120; and at least one second computer readable medium (CRMj), operative by said at least one second client (Cj) at said given time (Tp) for storing said (D&I)j(Cj)(Tp); communication module to communicate at least one operator, by means of a computer readable medium (CRMop) with said at least one first client (Ci) and at least one second client (Cj) via said CRMi and CRMi, respectively 130; processing module to configure said CRMi to communicate with said CRMop and to signal at least one first signal (Si) related with said (D&I)i(Ci)(Tp); and configure said CRMj is to communicate with said CRMop and to signal at least one second signal (Sj) related with said (D&I)j(Cj)(Tp); upon receiving from said Ci said Si indicative for sharing said (D&I)i(Ci)(Tp) in value I for (D&I)j(Cj)(Tp) in value equals to or lower than I-(I-J)-Cop(TP); said operator is signaling said Cj said Si; upon receiving said Si, and if acceptable, said Cj signaling said operator said Sj indicative for sharing said (D&I)j(Cj)(Tp) for said (D&I)i(Ci)(Tp) in value equals to or lower than I-(I-J)-Cop(TP); upon receiving said Sj from said Cj, said operator, by means of said CRMop, for said Cop(TP), concurrently transacting said Ci said (D&I)j(Cj)(Tp) in a value of Vj; and transacting said Cj said (D&I)i(Ci)(Tp) in a value of Vj; Vj equals to I-(I-J)-Cop(TP) on a display screen 14 140; an outputting module operable to output said retrieved values into said storage system 150; a displaying module operable to present the volatile documents and negotiable instruments (D&I) environment from a particular location associated with each at least one first client (Ci), and to display the volatile documents and negotiable instruments (D&I) environment only in the particular location to verified at least one second client (Cj) having verified exchange conditions within the location 160; at least one processor that executes said veryifing module, said configurng module, said communicating module, said processing module, said outputting module, and said displaying module 13.
Reference is now made to Fig. 2 schematically illustrating a flow chart of a method for the present invention 200. A client launches a volatile documents and negotiable instruments (D&I) environment comprising a system for communication transacting of volatile documents and negotiable instruments between at least one first client (Ci) and at least one second client (Cj), each of which is having at a given time (Tp) at least one first D&I, namely (D&I)i(Ci)(Tp) having value I at Tp and (D&I)j(Cj)(Tp) having value J at Tp respectively, each of which accesses said computing device system through a computer network interface 100. A processor of a computing device for communication transacting of volatile documents and negotiable instruments executes steps comprising of verifying at least one first client (Ci) and at least one second client (Cj), each of which is having at a given time (Tp) at least one first D&I, namely (D&I)i(Ci)(Tp) having value I at Tp and (D&I)j(Cj)(Tp) having value J at Tp respectively using a processor and a memory; configuring at least one first computer readable medium (CRMi), operative by said at least one first client (Ci) at said given time (Tp) for storing said (D&I)i(Ci)(Tp); and at least one second computer readable medium (CRMj), operative by said at least one second client (Cj) at said given time (Tp) for storing said (D&I)j(Cj)(Tp); communicating at least one operator, by means of a computer readable medium (CRMop) with said at least one first client (Ci) and at least one second client (Cj) via said CRMi and CRMi, respectively; configuring said CRMi to communicate with said CRMop and to signal at least one first signal (Si) related with said (D&I)i(Ci)(Tp); and configuring said CRMj is to communicate with said CRMop and to signal at least one second signal (Sj) related with said (D&I)j(Cj)(Tp); upon receiving from said Ci said Si indicative for sharing said (D&I)i(Ci)(Tp) in value I for (D&I)j(Cj)(Tp) in value equals to or lower than I-(I-J)- C0p(Tp); signaling said Cj said Si; upon receiving said Si, and if acceptable, signaling said operator for sharing said (D&I)j(Cj)(Tp) for said (D&I)i(Ci)(Tp) in value equals to or lower than I-(I-J)-C0p(Tp); upon receiving said Sj from said Cj, by means of said CRMop, for said C0p(Tp), concurrently transacting said Ci said (D&I)j(Cj)(Tp) in a value of Vj; and transacting said Cj said (D&I)i(Ci)(Tp) in a value of Vj; Vj equals to I-(I-J)-Cop(TP).
Reference is now made to Fig. 3, a schematic diagram illustrating communication transacting of volatile documents and negotiable instruments 300 of the present invention comprising steps of permitting at least one second client (Cj) to provide at least one first D&I, namely (D&I)i(Ci)(Tp) having value I at Tp and (D&I)j(Cj)(Tp) having value J at Tp respectively to at least one first client (Ci) based on at least one first client (Ci) location associated with the geographic location claimed by at least one first client (Ci) of the volatile documents and negotiable instruments (D&I) environment and based on at least one second client (Cj) exchange conditions 310; filtering information to only display the volatile documents and negotiable instruments (D&I) environment from a particular location associated with each at least one first client (Ci), and wherein the computer server to display the volatile documents and negotiable instruments (D&I) environment only in the particular location to verified at least one second client (Cj) having verified exchange conditions within the location 320; creating transacting platform to facilitate communication among at least one first client (Ci) and at least one second client (Cj) and simplify exchange conditions for at least one first client (Ci) 330. In one embodiment of the present invention, a first client travelling abroad having, for example, has two exhancge condition options such as contacting a second client, currency exhange dealer, by comparing his/her exahnge rates with the Interbank rate and/or trying to negotiate a better rate, yet with marginal benefit; comparing rates of different second clients to identify the best exchange condition. Existing solutions lack of first client's knowledge management in a form of designated websites, where such platform work mostly with large chains, while the smaller players usually offer improved rates; the presented output is not location based, so one can get a good price but from an exchange place, for example, 5 miles away; the platform are delivery oriented, which means the transacting service may take a few days. The client can identify the currency dealers in his/her vicinity and contact them to find out their rates in order to take a decision. Such approach is time consuming, limited to the amount of dealers in one's list or his/hers willingness to call all the dealers on the list and prone to mistakes due to the existence of multiple attributes of the deal, such as handling fee, commission, credit card commission (one levied by the exchange broker and another by the card issuer), cash only exchange places, immediate availability (relevant in less traded - "exotic" - currencies - NIS, ZAR, CHF etc.) The client can stroll his/her neighborhood, locating potential currency dealers (banks, post office, exchange places, retailers etc.), and collecting their exchange conditions. Once the search is concluded, one needs to perform the comparison, decide where to buy, and then go back to the exchange place with the best deal to exchange his/her currency. Such approach is time consuming and limited by the time and distance covered in the search. Our product offers the Londoner the best of all the worlds above. Once logging in and entering the required currency, the client is displayed the volatile documents and negotiable instruments (D&I) environment from a particular location associated with each at least one first client (Ci), and displayed with the volatile documents and negotiable instruments (D&I) environment only in the particular location to verified at least one second client (Cj) having verified exchange conditions within the location. The customer then can get the final quote, taking into account all the fees and customer preferences.

Claims

1. A peer-to-peer volatile documents and negotiable instruments (D&I) transacting communication system, comprising:
a. at least one first client (Ci) and at least one second client (Cj), each of which is having at a given time (Tp) at least one first D&I, namely (D&I)i(Ci)(Tp) having value I at Tp and (D&I)j(Cj)(Tp) having value J at Tp respectively;
b. at least one first computer readable medium (CRMi), operative by said at least one first client (Ci) at said given time (Tp), configure for storing said (D&I)i(Ci)(Tp); and at least one second computer readable medium (CRMj), operative by said at least one second client (Cj) at said given time (Tp), configure for storing said (D&I)j(Cj)(Tp);
c. at least one operator, in communication, by means of a computer readable medium (CRMop) with said at least one first client (Ci) and at least one second client (Cj) via said CRMi and CRMi, respectively;
d. said CRMi is further configured to communicate with said CRMop and to signal at least one first signal (SO related with said (D&I)i(Ci)(Tp); and said CRMj is further configured to communicate with said CRMop and to signal at least one second signal (Sj) related with said (D&I)j(Cj)(Tp); wherein at least one of the following is held true: a. upon bilaterally (i) receiving said Si from said Ci, and (ii) receiving said Sj from said Cj; and further upon both (i) said Si is indicative for sharing said (D&I)i(Ci)(Tp) and (ii) said Sj is indicative for sharing said (D&I)j(Cj)(Tp); and further upon said value I is equal to or greater than said value J; said operator by means of said CRMop, for a predefined commission in a value Cop(TP), concurrently (i) transacts said Ci said (D&I)j(Cj)(Tp) in a value of Vj; and (ii) transacts said Cj said (D&I)i(Ci)(Tp) in a value of Vj; Vj equals to I-(I-J)-Cop(TP); and
b. upon unilaterally receiving from said Ci said Si indicative for sharing said (D&I)i(Ci)(Tp) in value I for (D&I)j(Cj)(Tp) in value equals to or lower than I-(I- J)-Cop(Tp); said operator is signaling said Cj said Si; upon receiving said Si, and if acceptable, said Cj signals said operator said Sj indicative for sharing said (D&I)j(Cj)(Tp) for said (D&I)i(Ci)(Tp) in value equals to or lower than I-(I-J)- C0p(Tp); upon receiving said Sj from said Cj, said operator, by means of said CRM0p, for said Cop(TP), concurrently (i) transacts said Ci said (D&I)j(Cj)(Tp) in a value of Vj; and (ii) transacts said Cj said (D&I)i(Ci)(Tp) in a value of Vj; Vj equals to I-(I-J)-Cop(TP).
A signal of a peer-to-peer volatile documents and negotiable instruments (D&I) transaction, said signal comprising fields selected from:
a. Client field, indicative for at least one first client (Ci) or at least one second client (Q),
b. Time field, indicative for a given time (Tp);
c. D&I field, indicative for at least one D&I, (D&I) thereby said signal is indicative for (D&I)i(Ci)(Tp) or (D&I)j(Cj)(Tp), having value I at Tp, and (D&I)j(Cj)(Tp) having value J at Tp, respectively.
The signal of claim 2, wherein said signal is communicable and proces sable in a peer- to-peer volatile documents and negotiable instruments (D&I) transacting communication system; said system comprising:
a. at least one first client (Ci) and at least one second client (Cj), each of which is having at a given time (Tp) at least one first D&I, namely (D&I)i(Ci)(Tp) having value I at Tp and (D&I)j(Cj)(Tp) having value J at Tp respectively;
b. at least one first computer readable medium (CRMi), operative by said at least one first client (Ci) at said given time (Tp), configure for storing said (D&I)i(Ci)(Tp); and at least one second computer readable medium (CRMj), operative by said at least one second client (Cj) at said given time (Tp), configure for storing said (D&I)j(Cj)(Tp);
c. at least one operator, in communication, by means of a computer readable medium (CRMop) with said at least one first client (Ci) and at least one second client (Cj) via said CRMi and CRMi, respectively;
d. said CRMi is further configured to communicate with said CRMop and to signal at least one first signal (SO related with said (D&I)i(Ci)(Tp); and said CRMj is further configured to communicate with said CRMop and to signal at least one second signal (Sj) related with said (D&I)j(Cj)(Tp); and further wherein at least one of the following is held true: c. upon bilaterally (i) receiving said Si from said Ci, and (ii) receiving said Sj from said Cj; and further upon both (i) said Si is indicative for sharing said (D&I)i(Ci)(Tp) and (ii) said Sj is indicative for sharing said (D&I)j(Cj)(Tp); and further upon said value I is equal or greater than said value J; said operator by means of said CRMop, for a predefined commission in a value Cop(TP), concurrently (i) transacts said Ci said (D&I)j(Cj)(Tp) in a value of Vj; and (ii) transacts said Cj said (D&I)i(Ci)(Tp) in a value of Vj; Vj equals to I-(I-J)-Cop(TP); and
d. upon unilaterally receiving from said Ci said Si indicative for sharing said (D&I)i(Ci)(Tp) in value I for (D&I)j(Cj)(Tp) in value equals to or lower than I-(I- J)-Cop(TP); said operator is signaling said Cj said Si; upon receiving said Si, and if acceptable, said Cj signals said operator said Sj indicative for sharing said (D&I)j(Cj)(Tp) for said (D&I)i(Ci)(Tp) in value equals to or lower than I-(I-J)- Cop(TP); upon receiving said Sj from said Cj, said operator, by means of said CRMop, for said Cop(TP), concurrently (i) transacts said Ci said (D&I)j(Cj)(Tp) in a value of Vj; and (ii) transacts said Cj said (D&I)i(Ci)(Tp) in a value of Vj; Vj equals to I-(I-J)-Cop(TP).
4. A bilateral method for faultless peer-to-peer transacting volatile documents and negotiable instruments (D&I), comprising:
a. providing at least one first client (Ci) and at least one second client (Cj), each of which is having at a given time (Tp) at least one first D&I, namely (D&I)i(Ci)(Tp) having value I at Tp and (D&I)j(Cj)(Tp) having value J at Tp respectively; b. configuring at least one first computer readable medium (CRMi), operative by said at least one first client (Ci) at said given time (Tp), for storing said (D&I)i(Ci)(Tp); and configuring at least one second computer readable medium (CRMj), operative by said at least one second client (Cj) at said given time (Tp), for storing said (D&I)j(Cj)(Tp);
c. communicating at least one operator, by means of a computer readable medium (CRMop) with said at least one first client (Ci) and at least one second client (Cj) via said CRMi and CRMi, respectively;
d. configuring said CRMi to communicate with said CRMop and to signal at least one first signal (SO related with said (D&I)i(C0(Tp); and configuring said CRMj is to communicate with said CRMop and to signal at least one second signal (Sj) related with said (D&I)j(Cj)(Tp); and then
e. upon receiving both said Si from said Ci, and said Sj from said Cj; and further upon indicating both said Si for sharing said (D&I)i(C0(Tp) and said Sj for sharing said (D&I)j(Cj)(Tp); and further upon providing said value I to be equal to or greater than said value J; then, said operator, by means of said CRMop, for a predefined commission in a value Cop(TP), concurrently
(i) transacting said Ci said (D&I)j(Cj)(Tp) in a value of Vj; and
(ii) transacting said Cj said (D&I)i(C0(Tp) in a value of Vj; Vj equals to I-(I-J)-
Figure imgf000030_0001
5. A unilateral method for faultless peer-to-peer transacting volatile documents and negotiable instruments (D&I), comprising:
a. providing at least one first client (Ci) and at least one second client (Cj), each of which is having at a given time (Tp) at least one first D&I, namely (D&I)i(C0(Tp) having value I at Tp and (D&I)j(Cj)(Tp) having value J at Tp respectively; b. configuring at least one first computer readable medium (CRMO, operative by said at least one first client (Ci) at said given time (Tp), for storing said (D&I)i(Ci)(Tp); and configuring at least one second computer readable medium (CRMj), operative by said at least one second client (Cj) at said given time (Tp), for storing said (D&I)j(Cj)(Tp);
c. communicating at least one operator, by means of a computer readable medium (CRMop) with said at least one first client (Ci) and at least one second client (Cj) via said CRMi and CRMi, respectively;
d. configuring said CRMi to communicate with said CRMop and to signal at least one first signal (SO related with said (D&I)i(C0(Tp); and configuring said CRMj is to communicate with said CRMop and to signal at least one second signal (Sj) related with said (D&I)j(Cj)(Tp);
e. upon receiving from said Ci said Si indicative for sharing said (D&I)i(Ci)(Tp) in value I for (D&I)j(Cj)(Tp) in value equals to or lower than I-(I-J)-Cop(TP); said operator is signaling said Cj said Si;
f. upon receiving said Si, and if acceptable, said Cj signaling said operator said Sj indicative for sharing said (D&I)j(Cj)(Tp) for said (D&I)i(Ci)(Tp) in value equals to or lower than I-(I-J)-Cop(TP);
g. upon receiving said Sj from said Cj, said operator, by means of said CRMop, for said Cop(TP), concurrently
(i) transacting said Ci said (D&I)j(Cj)(Tp) in a value of Vj; and
(ii) transacting said Cj said (D&I)i(C0(Tp) in a value of Vj; Vj equals to I-(I-J)-
Figure imgf000030_0002
The signal of claim 2, wherein said signal is operative in a bilateral peer-to-peer volatile documents and negotiable instruments (D&I) transacting method comprising:
a. providing at least one first client (Ci) and at least one second client (Cj), each of which is having at a given time (Tp) at least one first D&I, namely (D&I)i(Ci)(Tp) having value I at Tp and (D&I)j(Cj)(Tp) having value J at Tp respectively;
b. configuring at least one first computer readable medium (CRMi), operative by said at least one first client (Ci) at said given time (Tp), for storing said (D&I)i(Ci)(Tp); and configuring at least one second computer readable medium (CRMj), operative by said at least one second client (Cj) at said given time (Tp), for storing said (D&I)j(Cj)(Tp);
c. communicating at least one operator, by means of a computer readable medium (CRMop) with said at least one first client (Ci) and at least one second client (Cj) via said CRMi and CRMi, respectively;
d. configuring said CRMi to communicate with said CRMop and to signal at least one first signal (SO related with said (D&I)i(Ci)(Tp); and configuring said CRMj is to communicate with said CRMop and to signal at least one second signal (Sj) related with said (D&I)j(Cj)(Tp); and then
e. upon receiving both said Si from said Ci, and said Sj from said Cj; and further upon indicating both said Si for sharing said (D&I)i(Ci)(Tp) and said Sj for sharing said (D&I)j(Cj)(Tp); and further upon providing said value I to be equal to or greater than said value J; then, said operator, by means of said CRMop, for a predefined commission in a value Cop(TP), concurrently
(i) transacting said Ci said (D&I)j(Cj)(Tp) in a value of Vj; and
(ii) transacting said Cj said (D&I)i(Ci)(Tp) in a value of Vj; Vj equals to I-(I-J)-
Figure imgf000031_0001
The signal of claim 2, wherein said signal is operative in a unilateral peer-to-peer volatile documents and negotiable instruments (D&I) transacting method comprising: a. providing at least one first client (Ci) and at least one second client (Cj), each of which is having at a given time (Tp) at least one first D&I, namely (D&I)i(Ci)(Tp) having value I at Tp and (D&I)j(Cj)(Tp) having value J at Tp respectively;
b. configuring at least one first computer readable medium (CRMi), operative by said at least one first client (Ci) at said given time (Tp), for storing said (D&I)i(Ci)(Tp); and configuring at least one second computer readable medium (CRMj), operative by said at least one second client (Cj) at said given time (Tp), for storing said (D&I)j(Cj)(Tp);
c. communicating at least one operator, by means of a computer readable medium (CRM0p) with said at least one first client (Ci) and at least one second client (Cj) via said CRMi and CRMi, respectively;
d. configuring said CRMi to communicate with said CRMop and to signal at least one first signal (SO related with said (D&I)i(Ci)(Tp); and configuring said CRMj is to communicate with said CRMop and to signal at least one second signal (Sj) related with said (D&I)j(Cj)(Tp);
e. upon receiving from said Ci said Si indicative for sharing said (D&I)i(Ci)(Tp) in value I for (D&I)j(Cj)(Tp) in value equals to or lower than I-(I-J)-Cop(TP); said operator is signaling said Cj said Si;
f. upon receiving said Si, and if acceptable, said Cj signaling said operator said Sj indicative for sharing said (D&I)j(Cj)(Tp) for said (D&I)i(Ci)(Tp) in value equals to or lower than I-(I-J)-Cop(TP);
g. upon receiving said Sj from said Cj, said operator, by means of said CRMop, for said Cop(TP), concurrently
(i) transacting said Ci said (D&I)j(Cj)(Tp) in a value of Vj; and
(ii) transacting said Cj said (D&I)i(Ci)(Tp) in a value of Vj; Vj equals to I-(I-J)-
Figure imgf000032_0001
8. A loadable credit card (LCC) for a bilateral peer-to-peer volatile documents and negotiable instruments (D&I) transaction; said credit card is operative in a method of: a. providing at least one first client (Ci) and at least one second client (Cj), each of which is having at a given time (Tp) at least one first D&I, namely (D&I)i(Ci)(Tp) having value I at Tp and (D&I)j(Cj)(Tp) having value J at Tp respectively; b. providing said Ci with at least one first LCCz, configuring and communicating the same to at least one first computer readable medium (CRMi), operative by said at least one first client (Ci) at said given time (Tp), for storing said (D&I)i(Ci)(Tp); and providing said Ci with at least one first LCC/, configuring and communicating the same to at least one second computer readable medium (CRMj), operative by said at least one second client (Cj) at said given time (Tp), for storing said (D&I)j(Cj)(Tp); c. communicating at least one operator, by means of a computer readable medium (CRM0p) with said at least one first client (Ci) and at least one second client (Cj) via said LC or CRMi and LCCj or CRMi, respectively;
d. configuring said CRMi to communicate with said CRMop and to signal at least one first signal (SO related with said (D&I)i(C0(Tp); and configuring said CRMj is to communicate with said CRMop and to signal at least one second signal (Sj) related with said (D&I)j(Cj)(Tp); and then
e. upon receiving both said Si from said Ci, and said Sj from said Cj; and further upon indicating both said Si for sharing said (D&I)i(C0(Tp) and said Sj for sharing said (D&I)j(Cj)(Tp); and further upon providing said value I to be equal to or greater than said value J; then, said operator, by means of said CRMop, for a predefined commission in a value COP(TP), concurrently
(i) transacting said Ci said (D&I)j(Cj)(Tp) in a value of Vj; and
(ii) transacting said Cj said (D&I)i(C0(Tp) in a value of Vj; Vj equals to I-(I-J)-
Figure imgf000033_0001
9. A loadable credit card (LCC) for a unilateral peer-to-peer volatile documents and negotiable instruments (D&I) transaction; said credit card is operative in a method of: a. providing at least one first client (Ci) and at least one second client (Cj), each of which is having at a given time (Tp) at least one first D&I, namely (D&I)i(Ci)(Tp) having value I at Tp and (D&I)j(Cj)(Tp) having value J at Tp respectively; b. providing said Ci with at least one first LCCz, configuring and communicating the same to at least one first computer readable medium (CRMi), operative by said at least one first client (Ci) at said given time (Tp), for storing said (D&I)i(Ci)(Tp); and providing said Ci with at least one first LCC/, configuring and communicating the same to at least one second computer readable medium (CRMj), operative by said at least one second client (Cj) at said given time (Tp), for storing said (D&I)j(Cj)(Tp);
c. communicating at least one operator, by means of a computer readable medium (CRMQJO with said at least one first client (Ci) and at least one second client (Cj) via said LCQ or CRMi and LCCj or CRMi, respectively;
d. configuring said CRMi to communicate with said CRMop and to signal at least one first signal (SO related with said (D&I)i(C0(Tp); and configuring said CRMj is to communicate with said CRMop and to signal at least one second signal (Sj) related with said (D&I)j(Cj)(Tp); e. upon receiving from said Ci said Si indicative for sharing said (D&I)i(Ci)(Tp) in value I for (D&I)j(Cj)(Tp) in value equals to or lower than I-(I-J)-Cop(TP); said operator is signaling said Cj said Si;
f. upon receiving said Si, and if acceptable, said Cj signaling said operator said Sj indicative for sharing said (D&I)j(Cj)(Tp) for said (D&I)i(Ci)(Tp) in value equals to or lower than I-(I-J)-Cop(TP);
g. upon receiving said Sj from said Cj, said operator, by means of said CRMop, for said Cop(Tp), concurrently
(i) transacting said Ci said (D&I)j(Cj)(Tp) in a value of Vj; and
(ii) transacting said Cj said (D&I)i(Ci)(Tp) in a value of Vj; Vj equals to I-(I-J)-
Figure imgf000034_0001
A peer-to-peer volatile documents and negotiable instruments (D&I) transacting communication system, comprising:
a. a computer server of a volatile documents and negotiable instruments (D&I) environment;
b. the computer server including one or more computers having non-transitory instructions stored thereon that when executed cause the one or more computers:
(i) to verify at least one first client (Ci) and at least one second client (Cj), each of which is having at a given time (Tp) at least one first D&I, namely (D&I)i(Ci)(Tp) having value I at Tp and (D&I)j(Cj)(Tp) having value J at Tp respectively using a processor and a memory;
(ii) to configure at least one first computer readable medium (CRMi), operative by said at least one first client (Ci) at said given time (Tp) for storing said (D&I)i(Ci)(Tp); and at least one second computer readable medium (CRMj), operative by said at least one second client (Cj) at said given time (Tp) for storing said
Figure imgf000034_0002
(iii) to communicate at least one operator, by means of a computer readable medium (CRMop) with said at least one first client (Ci) and at least one second client (Cj) via said CRMi and CRMi, respectively; (iv) to configure said CRMi to communicate with said CRMop and to signal at least one first signal (Si) related with said (D&I)i(Ci)(Tp); and configuring said CRMj is to communicate with said CRMop and to signal at least one second signal (Sj) related with said (D&I)j(Cj)(Tp);
(v) upon receiving from said Q said Si indicative for sharing said (D&I)i(Ci)(Tp) in value I for (D&I)j(Cj)(Tp) in value equals to or lower than I-(I-J)-Cop(TP); said operator is signaling said Cj said Si;
(vi) upon receiving said Si, and if acceptable, said Cj signaling said operator said Sj indicative for sharing said (D&I)j(Cj)(Tp) for said (D&I)i(Ci)(Tp) in value equals to or lower than I-(I-J)-Cop(TP);
(vii) upon receiving said Sj from said Cj, said operator, by means of said CRMop, for said Cop(TP), concurrently
a. transacting said Q said (D&I)j(Cj)(Tp) in a value of Vj; and
b. transacting said Cj said (D&I)i(Ci)(Tp) in a value of Vj;
Vj equals to I-(I-J)-Cop(Tp).
wherein the volatile documents and negotiable instruments (D&I) environment formed through the computer server has a visual representation of having at least one first client (Q) and at least one second client (Cj) location.
11. The peer-to-peer volatile documents and negotiable instruments (D&I) transacting communication system of claim 10, wherein the computer server to permit at least one second client (Cj) to provide at least one first D&I, namely (D&I)i(Ci)(Tp) having value I at Tp and (D&I)j(Cj)(Tp) having value J at Tp respectively to at least one first client (Q) based on at least one first client (Q) location associated with the geographic location claimed by at least one first client (Q) of the volatile documents and negotiable instruments (D&I) environment and based on at least one second client (Cj) exchange conditions.
12. The peer-to-peer volatile documents and negotiable instruments (D&I) transacting communication system of claim 10, wherein the computer server to filter information to only display the volatile documents and negotiable instruments (D&I) environment from a particular location associated with each at least one first client (Q), and wherein the computer server to display the volatile documents and negotiable instruments (D&I) environment only in the particular location to verified at least one second client (Cj) having verified exchange conditions within the location.
13. The peer-to-peer volatile documents and negotiable instruments (D&I) transacting communication system of claim 10, wherein the volatile documents and negotiable instruments (D&I) environment is designed to create transacting platform to facilitate communication among at least one first client (CO and at least one second client (Cj) and simplify exchange conditions for at least one first client (Q).
14. A computer server including one or more processors having non-transitory instructions stored thereon that when executed cause the computer server:
a. to verify at least one first client (CO and at least one second client (Cj), each of which is having at a given time (Tp) at least one first D&I, namely (D&I)i(Ci)(Tp) having value I at Tp and (D&I)j(Cj)(Tp) having value J at Tp respectively using a processor and a memory;
b. to configure at least one first computer readable medium (CRMO, operative by said at least one first client (CO at said given time (Tp) for storing said (D&I)i(Ci)(Tp); and at least one second computer readable medium (CRMj), operative by said at least one second client (Cj) at said given time (Tp) for storing said (D&I)j(Cj)(Tp);
c. to communicate at least one operator, by means of a computer readable medium (CRMop) with said at least one first client (CO and at least one second client (Cj) via said CRMi and CRMi, respectively;
d. to configure said CRMi to communicate with said CRMop and to signal at least one first signal (Si) related with said (D&I)i(C0(Tp); and configuring said CRMj is to communicate with said CRMop and to signal at least one second signal (Sj) related with said (D&I)j(Cj)(Tp);
e. upon receiving from said Q said Si indicative for sharing said (D&I)i(C0(Tp) in value I for (D&I)j(Cj)(Tp) in value equals to or lower than I-(I-J)-Cop(TP); said operator is signaling said Cj said Si;
f. upon receiving said Si, and if acceptable, said Cj signaling said operator said Sj indicative for sharing said (D&I)j(Cj)(Tp) for said (D&I)i(C0(Tp) in value equals to or lower than I-(I-J)-Cop(TP);
g. upon receiving said Sj from said Cj, said operator, by means of said CRMop, for said Cop(TP), concurrently (i) transacting said Q said (D&I)j(Cj)(Tp) in a value of Vj; and
(ii) transacting said Cj said (D&I)i(Ci)(Tp) in a value of Vj; Vj equals
Figure imgf000037_0001
wherein the computer server to form the volatile documents and negotiable instruments (D&I) environment having a visual representation of having at least one first client (Q) and at least one second client (Cj) location.
15. The computer server of claim 14, wherein the computer server to permit at least one second client (Cj) to provide at least one first D&I, namely (D&I)i(Ci)(Tp) having value I at Tp and (D&I)j(Cj)(Tp) having value J at Tp respectively to at least one first client (Q) based on at least one first client (Q) location associated with the geographic location claimed by at least one first client (Q) of the volatile documents and negotiable instruments (D&I) environment and based on at least one second client (Cj) exchange conditions.
16. The computer server of claim 14, wherein the computer server to filter information to only display the volatile documents and negotiable instruments (D&I) environment from a particular location associated with each at least one first client (Q), and wherein the computer server to display the volatile documents and negotiable instruments (D&I) environment only in the particular location to verified at least one second client (Cj) having verified exchange conditions within the location.
17. The computer server of claim 14, wherein the volatile documents and negotiable instruments (D&I) environment is designed to create transacting platform to facilitate communication among at least one first client (Q) and at least one second client (Cj) and simplify exchange conditions for at least one first client (Q).
18. A method for peer-to-peer transacting volatile documents and negotiable instruments (D&I), comprising:
a. verifying at least one first client (Q) and at least one second client (Cj), each of which is having at a given time (Tp) at least one first D&I, namely (D&I)i(Ci)(Tp) having value I at Tp and (D&I)j(Cj)(Tp) having value J at Tp respectively using a processor and a memory;
b. configuring at least one first computer readable medium (CRMi), operative by said at least one first client (Q) at said given time (Tp) for storing said (D&I)i(Ci)(Tp); and at least one second computer readable medium (CRMj), operative by said at least one second client (Cj) at said given time (Tp) for storing said (D&I)j(Cj)(Tp);
c. communicating at least one operator, by means of a computer readable medium (CRMop) with said at least one first client (Ci) and at least one second client (Cj) via said CRMi and CRMi, respectively;
d. configuring said CRMi to communicate with said CRMop and to signal at least one first signal (Si) related with said (D&I)i(Ci)(Tp); and configuring said CRMj is to communicate with said CRMop and to signal at least one second signal (Sj) related with said (D&I)j(Cj)(Tp);
e. upon receiving from said Ci said Si indicative for sharing said (D&I)i(Ci)(Tp) in value I for (D&I)j(Cj)(Tp) in value equals to or lower than I-(I-J)-Cop(TP); signaling said Cj said Si;
f. upon receiving said Si, and if acceptable, signaling said operator for sharing said (D&I)j(Cj)(Tp) for said (D&I)i(Ci)(Tp) in value equals to or lower than I-
Figure imgf000038_0001
g. upon receiving said Sj from said Cj, by means of said CRMop, for said Cop(TP), concurrently
(i) transacting said Ci said (D&I)j(Cj)(Tp) in a value of Vj; and
(ii) transacting said Cj said (D&I)i(Ci)(Tp) in a value of Vj; Vj equals
Figure imgf000038_0002
wherein the volatile documents and negotiable instruments (D&I) environment has a visual representation of having at least one first client (Ci) and at least one second client (Cj) location.
19. The method of claim 18 further comprising permitting at least one second client (Cj) to provide at least one first D&I, namely (D&I)i(Ci)(Tp) having value I at Tp and (D&I)j(Cj)(Tp) having value J at Tp respectively to at least one first client (Ci) based on at least one first client (Ci) location associated with the geographic location claimed by at least one first client (Ci) of the volatile documents and negotiable instruments (D&I) environment and based on at least one second client (Cj) exchange conditions.
20. The method of claim 18 further comprising filtering information to only display the volatile documents and negotiable instruments (D&I) environment from a particular location associated with each at least one first client (Ci), and wherein the computer server to display the volatile documents and negotiable instruments (D&I) environment only in the particular location to verified at least one second client (Cj) having verified exchange conditions within the location.
21. The method of claim 18 further comprising creating transacting platform to facilitate communication among at least one first client (Ci) and at least one second client (Cj) and simplify exchange conditions for at least one first client (Ci).
PCT/IL2015/050187 2014-02-18 2015-02-18 Peer to peer dispersed volatile-documents and negotiable instruments transacting system and methods thereof WO2015125141A1 (en)

Applications Claiming Priority (2)

Application Number Priority Date Filing Date Title
US201461940855P 2014-02-18 2014-02-18
US61/940,855 2014-02-18

Publications (1)

Publication Number Publication Date
WO2015125141A1 true WO2015125141A1 (en) 2015-08-27

Family

ID=53877709

Family Applications (1)

Application Number Title Priority Date Filing Date
PCT/IL2015/050187 WO2015125141A1 (en) 2014-02-18 2015-02-18 Peer to peer dispersed volatile-documents and negotiable instruments transacting system and methods thereof

Country Status (1)

Country Link
WO (1) WO2015125141A1 (en)

Citations (7)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US5787402A (en) * 1996-05-15 1998-07-28 Crossmar, Inc. Method and system for performing automated financial transactions involving foreign currencies
US20040111356A1 (en) * 2002-05-17 2004-06-10 Vikas Srivastava Method and system for executing foreign exchange transactions
US20040148255A1 (en) * 2002-11-07 2004-07-29 Beck Philip D. Time-of-transaction foreign currency conversion
WO2005065026A2 (en) * 2003-10-02 2005-07-21 Ronen Leipziger Digital content distribution and trading system
US20090248574A1 (en) * 2008-03-28 2009-10-01 Leung Florence F L Peer-to-peer currency exchange and associated systems and methods
US20120084205A1 (en) * 2010-10-01 2012-04-05 Sanjeev Dheer Disconnected person-to-person payment system and method including independent payor and payee direction for value source and destination
US20120123893A1 (en) * 2009-07-23 2012-05-17 Splitart S.A. Device, System, And Method For Trading Units Of Unique Valuable Assets

Patent Citations (7)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US5787402A (en) * 1996-05-15 1998-07-28 Crossmar, Inc. Method and system for performing automated financial transactions involving foreign currencies
US20040111356A1 (en) * 2002-05-17 2004-06-10 Vikas Srivastava Method and system for executing foreign exchange transactions
US20040148255A1 (en) * 2002-11-07 2004-07-29 Beck Philip D. Time-of-transaction foreign currency conversion
WO2005065026A2 (en) * 2003-10-02 2005-07-21 Ronen Leipziger Digital content distribution and trading system
US20090248574A1 (en) * 2008-03-28 2009-10-01 Leung Florence F L Peer-to-peer currency exchange and associated systems and methods
US20120123893A1 (en) * 2009-07-23 2012-05-17 Splitart S.A. Device, System, And Method For Trading Units Of Unique Valuable Assets
US20120084205A1 (en) * 2010-10-01 2012-04-05 Sanjeev Dheer Disconnected person-to-person payment system and method including independent payor and payee direction for value source and destination

Similar Documents

Publication Publication Date Title
US10621561B1 (en) Payment network using tradable financial assets
US20180357714A1 (en) Methods and systems for assessing performance and risk in financing supply chain
US20150262181A1 (en) Systems and methods for providing populated transaction interfaces based on user-generated triggers
US20140032394A1 (en) Peer to peer lending using a mobile wallet
US20230115953A1 (en) Payment Network for Security Assets
US10817853B1 (en) Payment network for security assets
KR102447254B1 (en) Exchange operation method and system for supporting high speed transaction execution
WO2013156631A1 (en) Generating income from unused credit
Putrevu et al. The adoption of digital payments in emerging economies: challenges and policy responses
JP5499067B2 (en) Commercial flow chart display system and method
US8311917B2 (en) Methods and apparatus for collateral-based financial transactions
US20150095186A1 (en) Flexible spending account provision system
JP6971522B2 (en) A service provision system that provides services linked to a financial asset management system
WO2015125141A1 (en) Peer to peer dispersed volatile-documents and negotiable instruments transacting system and methods thereof
KR101255998B1 (en) System and method for managing employee stock and media for storing program source thereof
Chin Software Patenting and Section 101’s Gatekeeping Function
JP6223334B2 (en) Payment system
JP2014197416A (en) Systems and methods for employing proprietary data
JP5982082B2 (en) Margin account withdrawal capacity calculation system and program
Monkiewicz New finance: in search for analytical framework
US20170116672A1 (en) System for determining, automating, and executing financial purchase orders by comparing financial assets associated with designated investors and financial assets of designating users
JP2012113681A (en) Fund lending device, system, and method
KR102447258B1 (en) Exchange operation method and system for supporting investment guide model
Włosik Liquidity of bitcoin–insights from Polish and global markets
US20200402173A1 (en) Investment system

Legal Events

Date Code Title Description
121 Ep: the epo has been informed by wipo that ep was designated in this application

Ref document number: 15752680

Country of ref document: EP

Kind code of ref document: A1

NENP Non-entry into the national phase

Ref country code: DE

32PN Ep: public notification in the ep bulletin as address of the adressee cannot be established

Free format text: NOTING OF LOSS OF RIGHTS PURSUANT TO RULE 112(1) EPC , EPO FORM 1205A DATED 09-12-16

122 Ep: pct application non-entry in european phase

Ref document number: 15752680

Country of ref document: EP

Kind code of ref document: A1