Systems and Methods for Using Smart Contracts to Control the Trade, Supply, Manufacture, and Distribution of Commodities

A method for pricing and creating one or more products, comprising:

• configuring a processor to implement a smart contract, wherein the smart contract is a computer protocol configured to at least one of facilitate, verify, and enforce the performance of a contract, including the steps of:
• using the processor to associate a process control logic to a manufacturing process to produce one or more products based on a first market value, wherein the first market value is derived from background calculations and analysis of one or more assets in a feedstock represented by an asset backed token,
• determine a second market value corresponding to one or more assets, wherein the second market value is compared to the first market value to determine which of the one or more products has a higher market value in accordance with the smart contract,
• responsive to determining the higher market value, use the process control logic to adjust at least one processing step such that a higher market value product is produced,
• responsive to producing the higher market value product, use the smart contract to document the results in a distributed ledger.

A processor implemented method for simultaneously pricing and creating a product, the method comprising:

• determining a price point for at least one item in a feedstock;
• determining a value corresponding to a future value of the one item, wherein the value is determined by the value of an asset backed token;
• determining a value corresponding to the future value of a second item, wherein the second value is determined by the value of an asset backed token;
• determining an optimal value of at least one of the first and second item using a second processor implemented method in a second processor;
• responsive to determining the best value, use a third processor implemented method using a third processor to adjust the processing steps such that the best value of the at least one of the first and second item are produced;
• responsive to producing the best valued item, document the increase in value in a distributed ledger;
• use a third party to verify the value.