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US Patent 10567975 Multifactorial optimization system and method

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Patent abstractTimelineTable: Further ResourcesReferences
Is a
Patent
Patent
1

Patent attributes

Patent Jurisdiction
United States Patent and Trademark Office
United States Patent and Trademark Office
1
Patent Number
105679751
Patent Inventor Names
Steven M. Hoffberg1
Date of Patent
February 18, 2020
1
Patent Application Number
154764161
Date Filed
March 31, 2017
1
Patent Citations Received
‌
US Patent 12107774 System and method for autonomous conversion of a resource format using machine learning
2
‌
US Patent 11424929 Authentication using encrypted biometric information
‌
US Patent 12093957 Transaction validation and fraud mitigation
4
Patent Primary Examiner
‌
Allen C Chein
1
Patent abstract

A method for providing unequal allocation of rights among agents while operating according to fair principles, comprising assigning a hierarchal rank to each agent; providing a synthetic economic value to a first set of agents at the a high level of the hierarchy; allocating portions of the synthetic economic value by the first set of agents to a second set of agents at respectively different hierarchal rank than the first set of agents; and conducting an auction amongst agents using the synthetic economic value as the currency. A method for allocation among agents, comprising assigning a wealth generation function for generating future wealth to each of a plurality of agents, communicating subjective market information between agents, and transferring wealth generated by the secure wealth generation function between agents in consideration of a market transaction. The method may further comprise the step of transferring at least a portion of the wealth generation function between agents.

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