METHOD AND SYSTEM FOR TRADING REDEEMABLE ASSETS

The present invention establishes an online market place bringing together owners (5), developers/operators (10), trustees, associations, and management companies of redeemable assets. Through an asset converter (20), redeemable assets are evaluated online or offline according to a points-based syst...

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Hauptverfasser: CHEN, KHER, TEAN, YONG, POI, LEONG, CHAN, HIOK, KHIANG, CHEE, HONG, LEONG, LOOI, YUONG, WAH, OCKENDEN, STUART, ROYSTON, TAN, JOON, SUAN, CHONG, YEOW, LEONG, WONG, KWANG, LEH, LEE, KONG, MENG, BINGHAM, WILLIAM, MARK
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creator CHEN, KHER, TEAN
YONG, POI, LEONG
CHAN, HIOK, KHIANG
CHEE, HONG, LEONG
LOOI, YUONG, WAH
OCKENDEN, STUART, ROYSTON
TAN, JOON, SUAN
CHONG, YEOW, LEONG
WONG, KWANG, LEH
LEE, KONG, MENG
BINGHAM, WILLIAM, MARK
description The present invention establishes an online market place bringing together owners (5), developers/operators (10), trustees, associations, and management companies of redeemable assets. Through an asset converter (20), redeemable assets are evaluated online or offline according to a points-based system and the value of assets are converted to digital tokens before trading takes place. A separate and independent asset validator (25) that is linked to the asset converter, asset management companies as well as asset developers/operators acts as a caretaker in verifying the status of ownership of assets and ensures the delivery, receipt and utilization rights of the assets. Digital tokens are indicia of the value of redeemable assets and may be spent only within the market place of the present invention. As such, trading and exchange of redeemable assets among different classes and types are carried out virtually, transparently and securely. The present invention establishes an online market place bringing together owners, developers/operators, trustees, associations, and management companies of redeemable assets. Through an asset converter, redeemable assets are evaluated online or offline according to a points-based system and the value of assets are converted to digital tokens before trading takes place. A separate and independent asset validator that is linked to the asset converter, asset management companies as well as asset developers/operators acts as a caretaker in verifying the status of ownership of assets and ensures the delivery, receipt and utilization rights of the assets. Digital tokens are indicia of the value of redeemable assets and may be spent only within the market place of the present invention. As such, trading and exchange of redeemable assets among different classes and types are carried out virtually, transparently and securely. L'invention porte sur la création d'un "marché" en ligne mettant en relation des propriétaires, des concepteurs/opérateurs, des fiduciaires, des associations et des gestionnaires d'actifs remboursables. Au moyen d'un convertisseur les actifs remboursables sont évalués en ligne ou hors ligne en fonction d'un système à base de points, puis convertis en jetons numériques avant les transactions. Un "valideur" d'actifs séparé et indépendant, relié au convertisseur d'actifs, aux sociétés de gestion des actifs et aux concepteurs/opérateurs d'actifs et servant de gardien vérifie le statut de propriété des actifs et en
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Through an asset converter (20), redeemable assets are evaluated online or offline according to a points-based system and the value of assets are converted to digital tokens before trading takes place. A separate and independent asset validator (25) that is linked to the asset converter, asset management companies as well as asset developers/operators acts as a caretaker in verifying the status of ownership of assets and ensures the delivery, receipt and utilization rights of the assets. Digital tokens are indicia of the value of redeemable assets and may be spent only within the market place of the present invention. As such, trading and exchange of redeemable assets among different classes and types are carried out virtually, transparently and securely. The present invention establishes an online market place bringing together owners, developers/operators, trustees, associations, and management companies of redeemable assets. Through an asset converter, redeemable assets are evaluated online or offline according to a points-based system and the value of assets are converted to digital tokens before trading takes place. A separate and independent asset validator that is linked to the asset converter, asset management companies as well as asset developers/operators acts as a caretaker in verifying the status of ownership of assets and ensures the delivery, receipt and utilization rights of the assets. Digital tokens are indicia of the value of redeemable assets and may be spent only within the market place of the present invention. As such, trading and exchange of redeemable assets among different classes and types are carried out virtually, transparently and securely. L'invention porte sur la création d'un "marché" en ligne mettant en relation des propriétaires, des concepteurs/opérateurs, des fiduciaires, des associations et des gestionnaires d'actifs remboursables. Au moyen d'un convertisseur les actifs remboursables sont évalués en ligne ou hors ligne en fonction d'un système à base de points, puis convertis en jetons numériques avant les transactions. Un "valideur" d'actifs séparé et indépendant, relié au convertisseur d'actifs, aux sociétés de gestion des actifs et aux concepteurs/opérateurs d'actifs et servant de gardien vérifie le statut de propriété des actifs et en assure la distribution, la réception et l'utilisation des droits afférents. Les jetons numérique, qui sont représentatifs de la valeur des actifs remboursables, ne peuvent être utilisés que sur le "marché" de la présente invention. 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Through an asset converter (20), redeemable assets are evaluated online or offline according to a points-based system and the value of assets are converted to digital tokens before trading takes place. A separate and independent asset validator (25) that is linked to the asset converter, asset management companies as well as asset developers/operators acts as a caretaker in verifying the status of ownership of assets and ensures the delivery, receipt and utilization rights of the assets. Digital tokens are indicia of the value of redeemable assets and may be spent only within the market place of the present invention. As such, trading and exchange of redeemable assets among different classes and types are carried out virtually, transparently and securely. The present invention establishes an online market place bringing together owners, developers/operators, trustees, associations, and management companies of redeemable assets. Through an asset converter, redeemable assets are evaluated online or offline according to a points-based system and the value of assets are converted to digital tokens before trading takes place. A separate and independent asset validator that is linked to the asset converter, asset management companies as well as asset developers/operators acts as a caretaker in verifying the status of ownership of assets and ensures the delivery, receipt and utilization rights of the assets. Digital tokens are indicia of the value of redeemable assets and may be spent only within the market place of the present invention. As such, trading and exchange of redeemable assets among different classes and types are carried out virtually, transparently and securely. L'invention porte sur la création d'un "marché" en ligne mettant en relation des propriétaires, des concepteurs/opérateurs, des fiduciaires, des associations et des gestionnaires d'actifs remboursables. Au moyen d'un convertisseur les actifs remboursables sont évalués en ligne ou hors ligne en fonction d'un système à base de points, puis convertis en jetons numériques avant les transactions. Un "valideur" d'actifs séparé et indépendant, relié au convertisseur d'actifs, aux sociétés de gestion des actifs et aux concepteurs/opérateurs d'actifs et servant de gardien vérifie le statut de propriété des actifs et en assure la distribution, la réception et l'utilisation des droits afférents. Les jetons numérique, qui sont représentatifs de la valeur des actifs remboursables, ne peuvent être utilisés que sur le "marché" de la présente invention. 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Through an asset converter (20), redeemable assets are evaluated online or offline according to a points-based system and the value of assets are converted to digital tokens before trading takes place. A separate and independent asset validator (25) that is linked to the asset converter, asset management companies as well as asset developers/operators acts as a caretaker in verifying the status of ownership of assets and ensures the delivery, receipt and utilization rights of the assets. Digital tokens are indicia of the value of redeemable assets and may be spent only within the market place of the present invention. As such, trading and exchange of redeemable assets among different classes and types are carried out virtually, transparently and securely. The present invention establishes an online market place bringing together owners, developers/operators, trustees, associations, and management companies of redeemable assets. Through an asset converter, redeemable assets are evaluated online or offline according to a points-based system and the value of assets are converted to digital tokens before trading takes place. A separate and independent asset validator that is linked to the asset converter, asset management companies as well as asset developers/operators acts as a caretaker in verifying the status of ownership of assets and ensures the delivery, receipt and utilization rights of the assets. Digital tokens are indicia of the value of redeemable assets and may be spent only within the market place of the present invention. As such, trading and exchange of redeemable assets among different classes and types are carried out virtually, transparently and securely. L'invention porte sur la création d'un "marché" en ligne mettant en relation des propriétaires, des concepteurs/opérateurs, des fiduciaires, des associations et des gestionnaires d'actifs remboursables. Au moyen d'un convertisseur les actifs remboursables sont évalués en ligne ou hors ligne en fonction d'un système à base de points, puis convertis en jetons numériques avant les transactions. Un "valideur" d'actifs séparé et indépendant, relié au convertisseur d'actifs, aux sociétés de gestion des actifs et aux concepteurs/opérateurs d'actifs et servant de gardien vérifie le statut de propriété des actifs et en assure la distribution, la réception et l'utilisation des droits afférents. Les jetons numérique, qui sont représentatifs de la valeur des actifs remboursables, ne peuvent être utilisés que sur le "marché" de la présente invention. Ainsi, le commerce et les échanges d'actifs remboursables entre les différentes classes et types s'éffectuent de manière virtuelle, transparente et sûre.</abstract><edition>7</edition><oa>free_for_read</oa></addata></record>
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subjects CALCULATING
COMPUTING
COUNTING
DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES
ELECTRIC DIGITAL DATA PROCESSING
PHYSICS
SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR
title METHOD AND SYSTEM FOR TRADING REDEEMABLE ASSETS
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