Offtake-based asset backed securities and co2 removal models
OwnerGraciela Chichilniskyinventor
Life of this patent
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Abstract
Methods, systems and apparatuses, including computer programs encoded on computer storage media, are described herein to manage transactions relating to assets, such as carbon dioxide (“CO2”) offtake agreements, via a distributed ledger system. The platform may allow for authorized users to create large bundles of CO2 offtake agreements, transfer offtake bundles to other users in exchange for payment, create and issue securities backed by offtake bundles and/or manage various payments and contractual obligations relating to the same.
Claims20
A method comprising:
- receiving offtake information for each of a plurality of offtake agreements, the offtake information comprising:
- purchaser information relating to a purchaser associated with the respective offtake agreement;
- an amount of carbon dioxide (“CO2”) to be purchased by the purchaser at one or more times during a term of the respective offtake agreement;
- and
- a price to be paid by the purchaser for the amount of CO2;
- creating, for each of the plurality of offtake agreements, an offtake token for use with a distributed ledger system, each offtake token associated with the respective offtake information and a unique ID;
- associating each of the offtake tokens with an originator portfolio relating to an originator and associated with the distributed ledger system to thereby create a bundle of offtake tokens;
- creating a first distributed ledger transaction to transfer the bundle of offtake tokens from the originator portfolio to an issuer portfolio relating to an issuer and associated with the distributed ledger system,
- wherein the first distributed ledger transaction is associated with a plurality of first required signers;
- and
- transferring the bundle offtake tokens from the originator portfolio to the issuer portfolio, based on a determination that all of the first required signers have signed the first distributed ledger transaction.
A non-transitory computer readable medium comprising executable instructions, the executable instructions, while executed, causing a processor to perform processing steps comprising:
- creating, for each of a plurality of offtake agreements, an offtake token for use with a distributed ledger system, each offtake token associated with a purchaser;
- associating each of the offtake tokens with an originator portfolio relating to an originator and associated with the distributed ledger system to thereby create a bundle of offtake tokens;
- and
- executing a first distributed ledger transaction to transfer the bundle of offtake tokens from the originator portfolio to an issuer portfolio relating to an issuer and associated with the distributed ledger system.
Dependencies are inferred from the claim text.