System for creating and transferring crypto-tokens in exchange for commodities

A system for creating standardized, value-securing cryptographically secure tokens and using them to allocate refined commodities, comprising:

• a master account server coupled to storage for a refined commodity;
• two or more backup servers coupled to storage for the refined commodity;
• a cryptographic token generating server;
• and
• non-transitory memory storing instructions that, when executed by one or more processors of one of the servers, cause the one or more processors to:
• receive, at the master account server, a quantity of the refined commodity or a representation of the quantity of the refined commodity from one or more autonomous agent computing devices;
• create, by the cryptographic token generating server and to the one or more autonomous agent computing devices, one token for each unit in the quantity of the refined commodity;
• track the use of created tokens and calculate a likelihood that each created token will be exchanged for a unit of the refined commodity in a particular future time window at least in part by determining whether the created token is being stored in a geographic region that will delay exchange of the created token;
• ensure that, with a predetermined probability, an amount of the refined commodity exceeding expected exchanges in the particular future time window will be present at the master account server or made available by the two or more backup servers;
• and
• in response to receiving a request to exchange one or more tokens for the refined commodity, provide to the one or more autonomous agent computing devices a unit of the refined commodity for each token exchanged,
• wherein the two or more backup servers collectively agree to provide more than 100% of a total amount of the refined commodity received from all autonomous agent computing devices, by agreeing to individually provide a sufficient portion of the total amount of the refined commodity received from all autonomous agent computing devices such that collective obligations of any set of backup servers that omits only one of the backup servers will be at least 100% of the total amount of the refined commodity received from all autonomous agent computing devices.