Technology Alternative to Money for Enabling Equitable Trade
OwnerMartin Alexander Hay, Frances Geralyn Boul Hayinventors
Life of this patent
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Abstract
Technology, alternative to money, for enabling equitable trade between users. The technology embodies chiralkine money and chiralkine property rights created as vectors through chiralkine contracts made by a recorder that maintains an open register and a trading pair of two users.
Claims16
A chiralkine system for enabling equitable trade between users, which comprises an information transmission network having a register maintained by a recorder, said register being open to inspection by said users and containing records of chiralkine money and chiralkine property rights created under chiralkine contracts.
A web-based system for a bartering organisation and users thereof, which comprises:
- (a) means for creating user agreements between said bartering organisation and said users;
- and
- (b) means for implementing user agreements between said bartering organisation and said users, comprising:
- (iii) means for representing chiralkine money;
- (iv) means for representing and operating user accounts in chiralkine money;
- (iii) means for representing monopole property rights;
- (iv) means for representing chiralkine property rights;
- (v) a web-based bartering market for creating barter transaction agreements between users for monopole property rights or chiralkine property rights in chiralkine money;
- (vi) means for creating credit agreements between said bartering organisation and users subject to a barter transaction agreement, for creating chiralkine money and chiralkine property rights;
- (vii) means for implementing said barter transaction agreements;
- and
- (viii) means for implementing said credit agreements, including means for creating chiralkine money, means for creating chiralkine property rights when said chiralkine money is created;
- means for destroying chiralkine money, and means for collapsing chiralkine property rights into monopole property rights when said chiralkine money is destroyed.
An apparatus adapted for use with left and right handed money, selected from:
- a bank card, comprising a machine readable identification code, said card being adapted to handle transactions in left- and right-handed money;
- a cash machine adapted to dispense left- and right-handed money;
- a cash register adapted to handle and record transactions in left- and right-handed money;
- a vending machine adapted to receive money in one of right- and left-handed forms and dispense it in the other;
- and
- an apparatus for use by a bank, comprising left- and right handed money and a computer programmed to maintain records of transactions in left and right-handed money.
An apparatus for use by a lawyer, comprising documents representing left- and right-handed property rights and a computer programmed to maintain records of transactions in left and right-handed property rights.
Dependencies are inferred from the claim text.