Computer method and GUI for displaying a reflexive index price from the settlement of commodity contracts
AssigneeAbaxx Technologies Corp.
InventorsJoshua Crumb, Andrew Fedak, Christopher A. Wiklof
Life of this patent
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AssigneeAbaxx Technologies Corp.
InventorsJoshua Crumb, Andrew Fedak, Christopher A. Wiklof
Estimating the term…
A computer method for establishing a commodity price index includes receiving, via a web server, transactions for a plurality of first electronic currency denominated commodity or commodity future contracts, and recording, with a server computer operatively coupled to the web server, settlement prices for the plurality of the first electronic currency denominated commodity or commodity future contracts on a distributed ledger. The computer method includes reading, with the server computer, from the distributed ledger, at least a portion of the first electronic currency denominated commodity or commodity future contracts settlement prices, and determining a current electronic currency index price from the at least a portion of the first electronic currency denominated commodity or commodity future contracts settlement prices. The computer method includes displaying the current electronic currency index price on an electronic display. The computer method further includes setting a value of a second electronic currency to correspond to the current electronic currency index price.
A computer method for establishing and displaying a commodity price index using a graphical user interface (GUI), comprising:
Dependencies are inferred from the claim text.