Method and apparatus for tokenization of a natural resource
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 tokenizing a natural resource includes receiving, via a graphical user interface (GUI), data corresponding to proof of natural resource rights to explore for, produce, mine, and/or harvest a natural resource in a specified region by a first party. The method includes receiving, via the GUI, a digital signature from a first party assigning at least a portion of the natural resource rights to a first quantity of distributed ledger tokens. The method includes issuing, with the server computer, the first quantity of distributed ledger tokens, each of the distributed ledger tokens carrying a smart contract entitling the bearer to a fractional amount of the at least a portion of the natural resource rights and crediting, with the server computer, a second quantity of the issued distributed ledger tokens to the first party.
A method for tokenizing a natural resource, comprising:
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A computer method for administering a natural resource transaction, comprising:
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A computer method for obtaining an interest in a natural resource, comprising:
Dependencies are inferred from the claim text.