Method and System for Stabilizing Digital Currency

Abstract

The present invention is directed to systems and methods for maintaining a stabilized digital currency is provided. The systems and methods include monitoring for one or more digital transactions in a service provider network utilizing digital coins, minting and storing a predetermined percentage of reserve tokens of the digital coins in a reserve pool, providing compensation for the one or more digital transactions as utility tokens of the digital coins, and monitoring current value of the digital coins for the digital currency for inflation or deflation.

What is claimed is: 
     
         1 . A method for maintaining a stabilized digital currency, the method comprising:
 monitoring, by a processor, for one or more digital transactions in a service provider network utilizing digital coins;   minting and storing a predetermined percentage of reserve tokens of the digital coins in a reserve pool;   providing, by a processor, compensation for the one or more digital transactions as utility tokens of the digital coins; and   monitoring, by a processor, a current value of the digital coins for the digital currency for inflation or deflation.   
     
     
         2 . The method of  claim 1 , wherein the monitoring the current value of the digital coins for the digital currency for inflation or deflation comprises:
 monitoring an amount of supply of the digital coins;   identifying an inflation period or deflation period in the digital coins based on the current value and the amount of supply of the digital coins;   determining an amount for a new supply of digital coins to stabilize the inflation period or deflation period; and   converting at least one of utility tokens to reserve tokens or reserve tokens to utility tokens to meet the new supply of digital coins and the value of the digital coins is stabilized.   
     
     
         3 . The method of  claim 2 , wherein the inflation period requires converting the utility tokens to the reserve tokens. 
     
     
         4 . The method of  claim 2 , wherein the deflation period requires converting the reserve tokens to the utility tokens. 
     
     
         5 . The method of  claim 1 , wherein the digital coins include utility tokens used for trading and compensation for services provided. 
     
     
         6 . The method of  claim 1 , further comprises maintaining the reserve tokens in a fixed size reserve pool and a variable size investor pool. 
     
     
         7 . The method of  claim 6 , wherein the reserve tokens are distributed within at least one of the reserve pool and the investor pool to stabilize the utility token values. 
     
     
         8 . The method of  claim 7 , wherein the reserve tokens in the investor pool are periodically converted to payment to investors. 
     
     
         9 . The method of  claim 1 , wherein the digital currency includes security tokens representing tradeable shares that are used to pay periodic dividends. 
     
     
         10 . The method of  claim 9 , wherein the investor pool is configured to:
 store reserve tokens from a current period of time in a first portion;   store reserve tokens from a previous period of time in a second portion; and   pay out the reserve tokens the previous period of time to investors at an end of the current period of time.   
     
     
         11 . A system for maintaining a stabilized digital currency, the system comprising:
 at least one miner node for triggering digital currency transactions that affect at least one of a current value or an amount of supply of digital coins for the digital currency; and   a stabilizer device designed to:
 monitor for one or more digital transactions in a service provider network utilizing digital coins; 
 mint and store a predetermined percentage of reserve tokens of the digital coins in a reserve pool; 
 provide compensation for the one or more digital transactions as utility tokens of the digital coins; and 
 monitor current value of the digital coins for the digital currency for inflation or deflation. 
   
     
     
         12 . The system of  claim 11 , wherein the monitoring the current value of the digital coins for the digital currency for inflation or deflation comprises:
 monitoring an amount of supply of the digital coins;   identifying an inflation period or deflation period in the digital coins based on the current value and the amount of supply of the digital coins;   determining an amount for a new supply of digital coins to stabilize the inflation period or deflation period; and   converting at least one of utility tokens to reserve tokens or reserve tokens to utility tokens to meet the new supply of digital coins and the value of the digital coins is stabilized.   
     
     
         13 . The system of  claim 12 , wherein the inflation period requires converting the utility tokens to the reserve tokens. 
     
     
         14 . The system of  claim 12 , wherein the deflation period requires converting the reserve tokens to the utility tokens. 
     
     
         15 . The system of  claim 11 , wherein the digital coins include utility tokens used for trading and compensation for services provided. 
     
     
         16 . The system of  claim 11 , further comprises maintaining the reserve tokens in a fixed size reserve pool and a variable size investor pool. 
     
     
         17 . The system of  claim 16 , wherein the reserve tokens are distributed within at least one of the reserve pool and the investor pool to stabilize the utility token values. 
     
     
         18 . The system of  claim 17 , wherein the reserve tokens in the investor pool are periodically converted to payment to investors. 
     
     
         19 . The system of  claim 11 , wherein the digital currency includes security tokens representing tradeable shares that are used to pay periodic dividends. 
     
     
         20 . The system of  claim 9 , wherein the investor pool is configured to:
 store reserve tokens from a current period of time in a first portion;   store reserve tokens from a previous period of time in a second portion; and   pay out the reserve tokens the previous period of time to investors at an end of the current period of time.   
     
     
         21 . A computer program product for maintaining a stabilized digital currency, the computer program product comprising a computer readable storage medium having program instructions embodied therewith, the program instructions readable/executable by one or more computing devices to cause the one or more computing devices to:
 monitor for one or more digital transactions in a service provider network utilizing digital coins;   mint and store a predetermined percentage of reserve tokens of the digital coins in a reserve pool;   provide compensation for the one or more digital transactions as utility tokens of the digital coins; and   monitor current value of the digital coins for the digital currency for inflation or deflation.