System and method for issuing, circulating and trading financial instruments with smart features
US9177313B1 · kind B1 · utility
Assignee
Inventor
Key dates
| Filing date | Oct 18, 2007 |
| Grant date | Nov 3, 2015 |
| Priority date | — |
| Expiry date | Oct 9, 2032 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q20/389
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A system and method for issuing, circulating and trading financial instruments with smart features is disclosed. In one particular exemplary embodiment, a financial instrument having smart features may comprise a document portion and a token device attached to or embedded in the document portion. The token device may comprise a storage device and a communication interface, wherein the token device is configured to provide a unique address for the financial instrument, the unique address including a device identifier that matches at least in part the document portion and a network address that changes based on a network location of the financial instrument and to communicate securely with an external entity at least to report an identity or a status of the financial instrument.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.