Computer method and apparatus for providing proprietary rights transactions
Abstract
A computer method for secure transfer of a blockchain token representing an interest in a proprietary rights asset includes displaying at least summary information corresponding to a proprietary rights asset to a user on an electronic display according to a user interface. The computer method includes receiving, from the user via the user interface, an order to exchange a first quantity of cryptographic currency held by the user at a user wallet memory address for a second quantity of asset tokens representing at least a fractional interest in the proprietary rights asset, writing data corresponding to a pending transfer of the second quantity of asset tokens to the user wallet address, and receiving data corresponding to the first quantity of cryptographic currency into a transaction wallet memory address.
Claims
exact text as granted — not AI-modified1 . A computer method for secure transfer of a proprietary rights asset blockchain token representing an interest in a proprietary rights asset, comprising:
displaying at least summary information corresponding to a proprietary rights asset to a user on a physical electronic display according to a display list defining at least a portion of a user interface; receiving, from the user via the user interface, an order to exchange a first quantity of cryptographic currency held by the user at a user wallet memory address for a second quantity of asset tokens, each representing at least a fractional interest in the proprietary rights asset; writing data corresponding to a pending transfer of the second quantity of asset tokens to the user wallet address; and receiving data corresponding to the first quantity of cryptographic currency into a transaction wallet memory address.
2 . The computer method of claim 1 , wherein displaying at least summary information comprises:
displaying a field for the user to enter the first quantity of cryptographic currency; further comprising: receiving user input of the first quantity of cryptographic currency; and calculating the second quantity of proprietary rights asset tokens based on an exchange rate; and wherein displaying the at least summary information further comprises displaying the second quantity of proprietary rights asset tokens.
3 . The computer method of claim 2 , further comprising:
calculating the exchange rate based on relative supply and demand of the cryptographic currency and the proprietary rights asset tokens.
4 . The computer method of claim 2 , further comprising:
calculating the exchange rate based on a supply and demand of the cryptographic currency and a specified price of the proprietary asset tokens.
5 . The computer method of claim 1 , wherein displaying at least summary information comprises:
displaying a field for the user to enter the second quantity of asset tokens; receiving user input of the second quantity; calculating the first quantity of cryptographic currency based on an exchange rate; and displaying the first quantity of cryptographic currency.
6 . The computer method of claim 1 , wherein displaying at least summary information comprises:
displaying a field for the user to enter a committed bid price of the asset tokens; wherein receiving the order to exchange the first quantity of cryptographic currency for the second quantity of asset tokens includes receiving the committed bid price; and wherein the smart contract includes the commitment to sell at least a portion of the asset tokens at the committed bid price.
7 . The computer method of claim 1 , wherein displaying at least summary information comprises displaying a committed selling price; and
wherein the smart contract includes the commitment to sell at least a portion of the asset tokens at the committed selling price.
8 . The computer method of claim 1 , further comprising:
generating a random or pseudorandom deep web address for an instance of the transaction wallet; allocating computer memory corresponding to the transaction wallet having the random or pseudorandom deep web address; loading, from a secret address, the second quantity of asset tokens into the transaction wallet; and transmitting the random or pseudorandom deep web address to the user interface.
9 . The computer method of claim 8 , further comprising:
transferring the first quantity of cryptographic currency from the user wallet to the random or pseudorandom deep web address.
10 . The computer method of claim 8 , further comprising:
transferring the cryptographic currency from the transaction wallet to a secret wallet; and deallocating the computer memory at the random or pseudorandom deep web network address.
11 . The computer method of claim 1 , wherein the cryptographic currency comprise value carried by a public blockchain.
12 . The computer method of claim 11 , wherein the cryptographic currency comprise at least one transaction history verifiable by the public blockchain.
13 . The computer method of claim 11 , wherein the cryptographic currency comprise fungible value.
14 . The computer method of claim 1 , wherein the cryptographic currency comprise at least one transaction history carried by a permissioned blockchain.
15 . The computer method of claim 1 , further comprising:
fulfilling a smart contract to validate the asset tokens.
16 . The computer method of claim 1 , wherein at least a fractional interest in the proprietary rights asset comprises at least fractional ownership of the proprietary rights asset.
17 . The computer method of claim 1 , wherein at least a fractional interest in the proprietary rights asset comprises at least fractional rights to a revenue stream from the proprietary rights asset.
18 - 25 . (canceled)
26 . A computer method for obtaining a license to a proprietary right, comprising:
disclosing identity and related information via a graphical user interface (GUI) on an electronic device networked to a server computer; obtaining a specified number of blockchain proprietary rights asset tokens, each token representing a fractional interest in a proprietary right, by swapping a cryptographic currency value for the proprietary rights asset tokens via the GUI; disclosing an intent to take a license via the GUI; entering, via the GUI, an agreement to license terms; and swapping, via the GUI, the specified number of proprietary rights asset tokens for one or more license tokens; wherein the license token carries a contract granting a right to engage in an activity that infringes the proprietary right.
27 . The computer method for obtaining a license to a proprietary right of claim 26 , further comprising:
establishing a user account with an intellectual property exchange, using the GUI.
28 . The computer method for obtaining a license to a proprietary right of claim 26 , wherein swapping the proprietary rights asset tokens for one or more license tokens causes the license tokens to be burned.
29 . The computer method for obtaining a license to a proprietary right of claim 26 , wherein swapping the proprietary rights asset tokens for one or more license tokens causes the license tokens to be recycled into a pool available for purchase.
30 - 152 . (canceled)Cited by (0)
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