# US 2021/0241243 A1 · Computer method and apparatus for providing proprietary rights transactions

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- Number: US 2021/0241243 A1
- Document ID: US20210241243A1
- Status: Published application
- Kind: A1
- Application number: 17/147,261
- Filed: 2021-01-12
- Published: 2021-08-05
- Earliest claimed: 2018-07-12
- Assignees: Argosoperem LLC
- Applicants: Argosoperem LLC
- Inventors: Christopher A. Wiklof; Timothy M. Londergan; Nobuhito Koya; Nicholas Gibson; Geoffery D. OSLER; James N. HARMON
- Web page: https://patentgrep.com/patent/US20210241243A1

## CPC

- G06Q 20/065: {using e-cash}
- G06Q 20/1235: {with control of digital rights management [DRM]}
- G06Q 20/0655: {e-cash managed centrally}
- G06Q 20/36: using electronic wallets or electronic money safes
- G06Q 20/3678: {e-cash details, e.g. blinded, divisible or detecting double spending}
- G06Q 20/38215: {Use of certificates or encrypted proofs of transaction rights}
- G06Q 20/401: {Transaction verification}
- H04L 9/3239: {involving non-keyed hash functions, e.g. modification detection codes [MDCs], MD5, SHA or RIPEMD}
- H04L 9/50: {using hash chains, e.g. blockchains or hash trees}
- G06Q 2220/00: Business processing using cryptography
- H04L 2209/56: Financial cryptography, e.g. electronic payment or e-cash
- G06Q: INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
- H04L: TRANSMISSION OF DIGITAL INFORMATION, e.g. TELEGRAPHIC COMMUNICATION (arrangements common to telegraphic and telephonic communication H04M)

## Abstract

A computer method for secure transfer of a blockchain token representing an interest in a proprietary rights asset includes displaying at least summary information corresponding to a proprietary rights asset to a user on an electronic display according to a user interface. The computer method includes receiving, from the user via the user interface, an order to exchange a first quantity of cryptographic currency held by the user at a user wallet memory address for a second quantity of asset tokens representing at least a fractional interest in the proprietary rights asset, writing data corresponding to a pending transfer of the second quantity of asset tokens to the user wallet address, and receiving data corresponding to the first quantity of cryptographic currency into a transaction wallet memory address.

## Claims

### Claim 1

A computer method for secure transfer of a proprietary rights asset blockchain token representing an interest in a proprietary rights asset, comprising:
displaying at least summary information corresponding to a proprietary rights asset to a user on a physical electronic display according to a display list defining at least a portion of a user interface;
receiving, from the user via the user interface, an order to exchange a first quantity of cryptographic currency held by the user at a user wallet memory address for a second quantity of asset tokens, each representing at least a fractional interest in the proprietary rights asset;
writing data corresponding to a pending transfer of the second quantity of asset tokens to the user wallet address; and
receiving data corresponding to the first quantity of cryptographic currency into a transaction wallet memory address.

### Claim 2 (depends on 1)

The computer method of claim 1, wherein displaying at least summary information comprises:
displaying a field for the user to enter the first quantity of cryptographic currency;
further comprising:
receiving user input of the first quantity of cryptographic currency; and
calculating the second quantity of proprietary rights asset tokens based on an exchange rate; and
wherein displaying the at least summary information further comprises displaying the second quantity of proprietary rights asset tokens.

### Claim 3 (depends on 2)

The computer method of claim 2, further comprising:
calculating the exchange rate based on relative supply and demand of the cryptographic currency and the proprietary rights asset tokens.

### Claim 4 (depends on 2)

The computer method of claim 2, further comprising:
calculating the exchange rate based on a supply and demand of the cryptographic currency and a specified price of the proprietary asset tokens.

### Claim 5 (depends on 1)

The computer method of claim 1, wherein displaying at least summary information comprises:
displaying a field for the user to enter the second quantity of asset tokens;
receiving user input of the second quantity;
calculating the first quantity of cryptographic currency based on an exchange rate; and
displaying the first quantity of cryptographic currency.

### Claim 6 (depends on 1)

The computer method of claim 1, wherein displaying at least summary information comprises:
displaying a field for the user to enter a committed bid price of the asset tokens;
wherein receiving the order to exchange the first quantity of cryptographic currency for the second quantity of asset tokens includes receiving the committed bid price; and
wherein the smart contract includes the commitment to sell at least a portion of the asset tokens at the committed bid price.

### Claim 7 (depends on 1)

The computer method of claim 1, wherein displaying at least summary information comprises displaying a committed selling price; and
wherein the smart contract includes the commitment to sell at least a portion of the asset tokens at the committed selling price.

### Claim 8 (depends on 1)

The computer method of claim 1, further comprising:
generating a random or pseudorandom deep web address for an instance of the transaction wallet;
allocating computer memory corresponding to the transaction wallet having the random or pseudorandom deep web address;
loading, from a secret address, the second quantity of asset tokens into the transaction wallet; and
transmitting the random or pseudorandom deep web address to the user interface.

### Claim 9 (depends on 8)

The computer method of claim 8, further comprising:
transferring the first quantity of cryptographic currency from the user wallet to the random or pseudorandom deep web address.

### Claim 10 (depends on 8)

The computer method of claim 8, further comprising:
transferring the cryptographic currency from the transaction wallet to a secret wallet; and
deallocating the computer memory at the random or pseudorandom deep web network address.

### Claim 11 (depends on 1)

The computer method of claim 1, wherein the cryptographic currency comprise value carried by a public blockchain.

### Claim 12 (depends on 11)

The computer method of claim 11, wherein the cryptographic currency comprise at least one transaction history verifiable by the public blockchain.

### Claim 13 (depends on 11)

The computer method of claim 11, wherein the cryptographic currency comprise fungible value.

### Claim 14 (depends on 1)

The computer method of claim 1, wherein the cryptographic currency comprise at least one transaction history carried by a permissioned blockchain.

### Claim 15 (depends on 1)

The computer method of claim 1, further comprising:
fulfilling a smart contract to validate the asset tokens.

### Claim 16 (depends on 1)

The computer method of claim 1, wherein at least a fractional interest in the proprietary rights asset comprises at least fractional ownership of the proprietary rights asset.

### Claim 17 (depends on 1)

The computer method of claim 1, wherein at least a fractional interest in the proprietary rights asset comprises at least fractional rights to a revenue stream from the proprietary rights asset.

### Claim at position 18

18-25. (canceled)

### Claim 26

A computer method for obtaining a license to a proprietary right, comprising:
disclosing identity and related information via a graphical user interface (GUI) on an electronic device networked to a server computer;
obtaining a specified number of blockchain proprietary rights asset tokens, each token representing a fractional interest in a proprietary right, by swapping a cryptographic currency value for the proprietary rights asset tokens via the GUI;
disclosing an intent to take a license via the GUI;
entering, via the GUI, an agreement to license terms; and
swapping, via the GUI, the specified number of proprietary rights asset tokens for one or more license tokens;
wherein the license token carries a contract granting a right to engage in an activity that infringes the proprietary right.

### Claim 27 (depends on 26)

The computer method for obtaining a license to a proprietary right of claim 26, further comprising:
establishing a user account with an intellectual property exchange, using the GUI.

### Claim 28 (depends on 26)

The computer method for obtaining a license to a proprietary right of claim 26, wherein swapping the proprietary rights asset tokens for one or more license tokens causes the license tokens to be burned.

### Claim 29 (depends on 26)

The computer method for obtaining a license to a proprietary right of claim 26, wherein swapping the proprietary rights asset tokens for one or more license tokens causes the license tokens to be recycled into a pool available for purchase.

### Claim at position 23

30-152. (canceled)
