US Patent 11836688 Method and apparatus to tokenize natural resources
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US Patent 11836688 Method and apparatus to tokenize natural resources
Article
Patent abstract
The invention teaches a value exchange for natural resources that is transparent and assured by a layer of distributed trust where tokenized inventory collateralizes derivative products, which enables the inventory to be monetized while located anywhere in the world including in major buying hubs, whereby suppliers, buyers and market makers can execute and settle authenticated transactions, both outright sales and derivative transactions, for natural resources in near real time.
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Patent Jurisdiction
Patent Number
Patent Inventor Names
Mark Lawrence0
Date of Patent
December 5, 2023
0Patent Application Number
173865380
Date Filed
July 28, 2021
0Patent Citations
Patent Primary Examiner
CPC Code
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