System and method for settling monetary and quota-allocated dual currency transactions
US11461845B2 · kind B2 · utility
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Key dates
| Filing date | Dec 2, 2020 |
| Grant date | Oct 4, 2022 |
| Priority date | — |
| Expiry date | Dec 2, 2040 |
Classification
- Technology area (CPC Y)Emerging Cross-Sectional Technologies
- CPC primaryY02P90/90
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A system and method for settling monetary and quota-allocated dual currency transactions may be used to reduce Co2 emissions. Each purchasable item (product or service) in the system may have a monetary price and a Carbon price whose value corresponds to a number of Kg of Co2 emitted by the manufacture/sale/use of the purchasable item. The system and method individualizes the reduction of Co2 emissions and allows each consumer to choose purchasable items in part based on the Carbon price.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.