System and method for tiered pricing for scarce commodities
US11734698B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Jul 20, 2022 |
| Grant date | Aug 22, 2023 |
| Priority date | — |
| Expiry date | Jul 20, 2042 |
Classification
- Technology area (CPC Y)Emerging Cross-Sectional Technologies
- CPC primaryY02P90/845
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A system and method for tiered pricing for any scarce commodity, such as petroleum products or food stuffs, may be used to ration the scarce commodity. The system and method may use a dual currency transaction system to manage the rationing. In the use case for gas or oil as the scarce commodity, the dual currency system and method and the tiered pricing may also reduce carbon emissions into the atmosphere by charging both a monetary price and a carbon price for a product or service wherein the carbon price for each purchasable item (good or service) may correspond to a number of Kg of Co2 emitted by the manufacture/sale/use of the purchasable item.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.