DISTRIBUTED PLATFORM FOR THE DEVELOPMENT OF ATTRACTING AND SCALING INNOVATION

Example implementations are described for a secure distributed system/platform for facilitating division of a collaborative efforts between a plurality of entities into various future obligations and potential rewards and for processing such obligations and rewards into a binding forward purchase ag...

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Bibliographische Detailangaben
Hauptverfasser: Beynon, Eric, Borenstein, Nathaniel, Stein, Lee
Format: Patent
Sprache:eng
Schlagworte:
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Beschreibung
Zusammenfassung:Example implementations are described for a secure distributed system/platform for facilitating division of a collaborative efforts between a plurality of entities into various future obligations and potential rewards and for processing such obligations and rewards into a binding forward purchase agreement. The obligation and rewards of such Forward Purchase Agreement may be sectioned, codified, and implemented as a smart contract in, for example, a distributed ledger system. In some specific applications, a secure distributed collaboration system is disclosed for investors to promote development of a new technology solution for the future using forward purchasing agreement without having to know exactly which innovators will succeed in creating and demonstrating practicability in that technology space.