Patent ID: 8103580
Filing Date: 2012-01-24
Classification: G06Q,G07F

Abstract:
1. A method for financing an operation implemented on an issuing system for transacting a debt-based security or debt-based financing instrument, said issuing system including a server and a plurality of issuing machines connected to the server on a network, the plurality of issuing machines being operatively connected to input and output data, comprising the steps of: preparing a financial disclosure on a financing instrument including: the step of accessing at least one data source via the server, said at least one data source storing data on at least one of an operation to be financed, at least one issuing private legal entity which issues the financing instrument as evidence of debt to acquire funds to finance the operation, a face value to be paid to said issuing private legal entity in exchange for owning the financing instrument, and an interest rate defining periodical interest payments to an instrument holder as a percentage of the face value; the step of collecting the data via the network from said at least one data source into said financing instrument; and the step of at least one of: (1) public-offering via the server the financing instrument on-line directly by said issuing private legal entity, and (2) public-offering via the server the financing instrument through a direct purchase plan by said issuing private legal entity; via input and output on at least one of the plurality of issuing machines, delivering to a potential purchaser said financial disclosure as required by law; and processing by the server a requested transaction, including the steps of: receiving by one of the issuing machines an identification (ID) recording medium provided by the potential purchaser, retrieving by said one issuing machine identification recorded in the received ID recording medium, receiving from the potential purchaser a request for a transaction of a security or financing instrument, processing by said one issuing machine the requested transaction of the security or financing instrument by retrieving information via a network from the server, and printing out by said one issuing machines said hardcopy certificate of the debt-based security or financing instrument as purchased with a cryptographic checksum thereon.