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US 12,596,790 B2Granted
Secure environment public register (SEPR)
AssigneeP4 X Group, Inc.
InventorsRobert William Kocher, Douglas Earl Dyer, John Shelly Bowling, II
Life of this patent
Estimating the term…
Abstract
A Secure Environment Public Register (SEPR) provides a method and system that allows precious metals in the shape of bar(s) or units to be certified, specially numbered to provide exact linkage to an owner, allow secure movement of precious metals between secure facilities, and through Blockchain allow secure transfer of ownership between individuals and organizations. The SEPR allows gold and other precious metals to be easily held and traded in commerce with all the advantages of holding precious metals. The SEPR system allows exact audits of the metal bars on hand and avoids over-selling units since each bar is serialized and ownership is documented in a public register.
Claims10
A physical secure environment (PSE) system comprising:
- a PSE service center configured to:
- receive, at the PSE service center, a physical transfer form from a PSE account holder, the physical transfer form containing transfer information regarding a physical transfer request designating at least one certified precious metal unit from a PSE account of the PSE account holder, the at least one certified precious metal unit stored at an original PSE storage facility;
- confirm the physical transfer request with the PSE account holder based on the transfer information from the physical transfer form;
- communicate a transfer cost to the PSE account holder, the transfer cost associated with the physical transfer request of the at least one certified precious metal unit of the PSE account of the PSE account holder from the original PSE storage facility to a target PSE storage facility;
- and
- receive, at the PSE service center, authorization from the PSE account holder to deduct the transfer cost from at least one of the at least one certified precious metal unit of the PSE account of the PSE account holder or currency generated by liquidating another certified precious metal unit of the PSE account of the PSE account holder;
- the target PSE storage facility configured to receive and store the at least one certified precious metal unit of the PSE account of the PSE account holder;
- and
- the original PSE storage facility further configured to:
- receive, from the PSE service center, the transfer information,
- coordinate with a PSE courier to transport the at least one certified precious metal unit specified in the transfer information via a particular PSE transport route, specified by the PSE account holder, from the original PSE storage facility to the target PSE storage facility, and
- send transportation information of the at least one certified precious metal unit to the PSE service center;
- wherein the target PSE storage facility is further configured to:
- receive, from the PSE service center, the transfer information,
- confirm receipt of the at least one certified precious metal unit, and
- send storage information of the at least one-certified precious metal unit to the PSE service center;
- wherein the PSE service center is further configured to:
- update a certified precious metal unit record corresponding to the at least one certified precious metal unit in a certified precious metal unit registry, and
- update a PSE account holder record corresponding to the at least one certified precious metal unit of the PSE account of the PSE account holder;
- and
- wherein the certified precious metal unit registry is a blockchain registry that registers, for each respective certified precious metal unit, a respective record including a serial number, ownership information, a current physical storage location and transactions associated with the respective precious metal unit.
18 more elements
A physical secure environment (PSE) method comprising:
- providing a PSE service center configured to:
- receive, at the PSE service center, a physical transfer form from a PSE account holder, the physical transfer form containing transfer information regarding a physical transfer request designating at least one certified precious metal unit from a PSE account of the PSE account holder, the at least one certified precious metal unit stored at an original PSE storage facility;
- confirm the physical transfer request with the PSE account holder, based on the transfer information from the physical transfer form;
- calculate a transfer cost to be communicated to the PSE account holder, the transfer cost associated with the physical transfer request of the at least one certified precious metal unit of the PSE account of the PSE account holder from the original PSE storage facility to a target PSE storage facility;
- receive, at the PSE service center, authorization from the PSE account holder to deduct the transfer cost from at least one of the at least one certified precious metal unit of the PSE account of the PSE account holder or currency generated by liquidating another certified precious metal unit of the PSE account of the PSE account holder;
- providing the original PSE storage facility further configured to:
- receive the transfer information from the PSE service center,
- coordinate with a PSE courier to transport the at least one certified precious metal unit specified in the transfer information via a particular PSE transport route, specified by the PSE account holder, to the target PSE storage facility, and
- send transportation information of the at least one certified precious metal unit to the PSE service center;
- and
- providing the target PSE storage facility configured to:
- receive the transfer information from the PSE service center,
- receive and store the at least one certified precious metal unit,
- confirm receipt of the at least one certified precious metal unit, and
- send storage information of the at least one certified precious metal unit to the PSE service center;
- wherein the PSE service center is further configured to:
- update a certified precious metal unit record corresponding to the at least one certified precious metal unit in a certified precious metal unit registry, and
- update a PSE account holder record corresponding to the at least one certified precious metal unit of the PSE account of the PSE account holder;
- and
- wherein the certified precious metal unit registry is a blockchain registry that registers, for each respective certified precious metal unit, a respective record including a serial number, ownership information, a current physical storage location and transactions associated with the respective precious metal unit.
17 more elements
Dependencies are inferred from the claim text.