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US Patent 10891613 Methods and systems for governing usage-based leases utilizing blockchain capital

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Is a
Patent
Patent

Patent attributes

Patent Jurisdiction
United States Patent and Trademark Office
United States Patent and Trademark Office
Patent Number
10891613
Date of Patent
January 12, 2021
Patent Application Number
16264666
Date Filed
January 31, 2019
Patent Citations Received
‌
US Patent 11948012 Monitoring process for intermittent and temporary transfers
0
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US Patent 11587019 Method for a registration of usage of tracking data
‌
US Patent 11948011 Platform for temporary and intermittent transfers
0
Patent Primary Examiner
‌
Kaveh Abrishamkar
Patent abstract

A method and system comprise leasing of proprietary digitized items, or items containing digital processing components, where usage of items is enabled through digital processing means. Fungible blockchain currency amounts determine the degree of usage of items, where a finite amount of blockchain currency is available to lessors. Lessors may adjust their level of capitalization, allowing usage of items by lessees, by acquiring or disposing of blockchain currency in order to adjust to varying market demand for said items. In the case where blockchain currency represents cryptocurrency-based securities, owners of items or investors may profit by buying, selling and/or distributing said securities during varying market conditions.

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