Patent ID: 9177313
Filing Date: 2015-11-03
Classification: G06Q

Abstract:
1. A computer-implemented method for issuing, circulating and trading financial instruments having smart features, the method comprising: issuing, by a computer processor, a financial instrument comprising monetary value and physically attached to a token device, and wherein the token device comprises: changing, by the computer processor, the network address based on the current network location of the token device; changing, by the computer processor, at least a portion of the device identifier based on at least a portion of financial parameters of the financial instrument; transferring, by the computer processor, the financial instrument based on the transferability of the financial instrument; and tracking, by the computer processor, the ownership, value, and transferability of the financial instrument based on the device identifier and the network address of the associated token device by communicating with the token device at least once subsequent the issuing of the financial instrument.