Systems and methods for operating exchange controlled network handling digitized asset backed mediums of exchange
AssigneeDearborn Financial, Inc.
InventorMichael B. ROHLFS
Life of this patent
Estimating the term…
Loading patent…
AssigneeDearborn Financial, Inc.
InventorMichael B. ROHLFS
Estimating the term…
A computerized Exchange-controlled network (“ECN) based system that facilitates trading of one or more digitized (i.e., securitized and tokenized) asset-backed mediums of exchange (“DABMoE”), including one or more cryptocurrency tokens, is disclosed which is operated by an Exchange acting in cooperation with (i) Exchange Affiliates providing price discovery of various tradable assets by matching the bilateral interests of wholesale counterparties having practically, rather than absolute, opposite trading interests predicated on physical delivery and receipt of said assets and (ii) external cryptocurrency exchange organizations (“ECCEO”) registering and servicing retail user-customers while providing wallet and payment facilitation applications to prevent incidences of double spending and reversals.
A cryptographically-assured exchange-controlled network (“ECN”) configured to formulate, securitize and issue, and to facilitate and validate buying and selling of, digitized asset-backed mediums of exchange (“DABMoE”) designed to minimize or eliminate use of established national currencies in connection with commercial and financial transactions while unlocking value of underlying tradable assets that may otherwise be illiquid or under-utilized, the ECN controlled by an Exchange organization that matches its counterparties' practically, rather than absolute, opposite trading interests predicated on physical delivery and receipt of a diverse range of commodities, credit instruments and other tradable assets having varying quality and logistics properties falling within parameters specified in physically settleable derivatives contracts formulated, traded, executed and settled over one or more Exchange Affiliates' computerized trading platforms, wherein tradable assets qualifying as part of benchmark sets are physically segregated and securitized into unitary ownership interests encompassing one or more Exchange-formulated weighted average DABMoE Baskets, the ECN comprising:
A system providing a hybrid paradigm for optimizing connectivity between physical asset markets and financial sector, the hybrid paradigm comprising digitizing fungible assets possessing varying qualitative and logistics attributes, wherein digitizing includes securitizing and tokenizing, wherein each asset gains liquidity from synergy created by transparent price-discovery, repurchase agreement (“repo”) based financing, exchange-traded derivatives (“ETD”) based value hedging, and inventory management and control processes prescribed by Benchmark Complex Solutions (“BCS”) developed to match counterparties whose trading interests are practically, rather than absolutely, opposite so that larger volumes of trade orders are more efficiently executed and settled by physical delivery and receipt over computerized trading platforms integrating an affiliated set of Exchanges, their customers and respective communities of interest via cloud-powered, cryptography-assured and dongle-enabled ECN's and permissioned ledgers.
Dependencies are inferred from the claim text.