System and method for asset utilization
AssigneeAutocart LLC
InventorMichael Saigh
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AssigneeAutocart LLC
InventorMichael Saigh
Estimating the term…
The present invention is a computer system or method for obtaining, maintaining and controlling an exchange of tangible assets over a global computer network. In one embodiment, the present invention is a computer system having memory, the system being adapted to identify one or more art assets which may be categorized into a collective art asset pool, to obtain an initial appraisal value for the art asset pool from third party appraisers or from an automated appraisal process, to calculate an appraisal value for the art asset based upon the appraisal information it obtained, to obtain orders from potential investors and/or brokers, process such orders, to continuously monitor art asset value against appraisal information, and is further adapted to automatically switch ownership units amongst art asset pools based upon pre-defined triggering threshold events. The present invention creates a dynamic buy-sell environment for art assets over a global computer network which utilizes typically non-utilized art assets in a way that creates demand and appreciation, while concurrently having little or no change or impact on the control and use of the actual art asset.
A method for obtaining, maintaining and controlling an exchange for tangible assets over a global computer network, the method comprising the steps of:
A system for creating and maintaining an art asset exchange over a global computer network, the system comprising at least one encryptable central control manager computer in secure electronic communication with remote computers over the global computer network, the central control manager computer being programmed to:
A secure art asset exchange system in communication with a global computer network, the system comprising a central control manager computer in communication with the global computer network, the central control manager computer programmed to:
Dependencies are inferred from the claim text.