Patent · US Active

Normalization and secure storage of asset valuation information

US11334925B1 · kind B1 · utility

1Cited by
2References
20Claims
0Family size

Assignee

Inventors

Key dates

Filing dateFeb 28, 2018
Grant dateMay 17, 2022
Priority date
Expiry dateSep 19, 2039

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q10/067
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

Techniques are disclosed for normalized asset valuation and secure storage of information associated with such normalized asset valuation. In one example, a method obtains two or more asset valuation models for a given asset, wherein at least two of the two or more asset valuation models are generated using different asset valuation algorithms, and then converts one or more values in each of the two or more asset valuation models into a common valuation form such that the two or more asset valuation models are converted into two or more normalized valuation models. The common valuation form may be in the form of a cryptocurrency. The method may also combine the two or more normalized valuation models to form a single normalized valuation for the given asset. Still further, the method may store valuation information associated with the converting step in a secure storage system, e.g., a distributed ledger system.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.