Systems and methods for provisionally transferring an electronic currency
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United States of America Patent
Stats
-
Apr 22, 2014
Grant Date -
Aug 22, 2013
app pub date -
Mar 15, 2013
filing date -
May 26, 2009
priority date (Note) -
In Force
status (Latency Note)
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Abstract
Persistent, electronically anchored currency notes (PEAC notes) may be generated by a transaction provider and maintained in a datastore. Each PEAC note may be associated with a respective unique identifier and an asset held by a custodian. The transaction provider may provide for assigning ownership of the PEAC notes to various entities and/or transferring ownership therebetween. Ownership transfers may be performed by the transaction provider while maintaining the PEAC notes in the datastore and/or maintaining the asset(s) associated therewith with their respective custodian(s). The transfer of a PEAC note may be tied to one or more transfer conditions. A PEAC note may be provisionally transferred from a first entity to a second entity subject to one or more transfer conditions. When the transfer conditions are met, the PEAC note may be permanently transferred to the second entity.
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