Patent SG-11201805648P-A (SG)
Title: Crypto multiple security asset creation and redemption platform
Inventor: WILKINS ALEC
IPC: G06Q20/02
Filed: 2016-12-30
Abstract: INTERNATIONAL APPLICATION PUBLISHED UNDER THE PATENT COOPERATION TREATY (PCT) (19) World Intellectual Property -, Organization 111111110111101110101011111 0101111101110111011011111010111110111110111011# International Bureau 0.. .1 j (10) International Publication Number (43) International Publication Date ..... .....::,,1 WO 2017/131929 Al 3 August 2017 (03.08.2017) WI P0 I P CT (51) International Patent Classification: Ventures, Inc., 799 West Coliseum Way, Midvale, Utah G06Q 20/02 (2012.01) G06Q 40/06 (2012.01) 84047 (US). G06Q 20/06 (2012.01) (74) Agent: WHISENANT, Wade A.; Fogg & Powers LLC, (21) International Application Number: 4600 W 77th Street, Suite 305, Minneapolis, Minnesota PCT/US2016/069544 55435 (US). (22) International Filing Date: (81) Designated States (unless otherwise indicated, for every 30 December 2016 (30.12.2016) kind of national protection available): AE, AG, AL, AM, AO, AT, AU, AZ, BA, BB, BG, BH, BN, BR, BW, BY, (25) Filing Language: English BZ, CA, CH, CL, CN, CO, CR, CU, CZ, DE, DJ, DK, DM, (26) Publication Language: English DO, DZ, EC, EE, EG, ES, FI, GB, GD, GE, GH, GM, GT, HN, HR, HU, ID, IL, IN, IR, IS, JP, KE, KG, KH, KN, (30) Priority Data: KP, KR, KW, KZ, LA, LC, LK, LR, LS, LU, LY, MA, 62/273,848 31 December 2015 (31.12.2015) US MD, ME, MG, MK, MN, MW, MX, MY, MZ, NA, NG, 15/141,582 28 April 2016 (28.04.2016) US NI, NO, NZ, OM, PA, PE, PG, PH, PL, PT, QA, RO, RS, (71) Applicant: MEDICI VENTURES, INC. [US/US]; 799 RU, RW, SA, SC, SD, SE, SG, SK, SL, SM, ST, SV, SY, West Coliseum Way, Midvale, Utah 84047 (US). TH, TJ, TM, TN, TR, TT, TZ, UA, UG, US, UZ, VC, VN, ZA, ZM, ZW. (72) Inventors: WILKINS, Alec; c/o Medici Ventures, Inc., 799 West Coliseum Way, Midvale, Utah 84047 (US). (84) Designated States (unless otherwise indicated, for every CHRISTENSEN, Robert; c/o Medici Ventures, Inc., 799 kind of regional protection available): ARIPO (BW, GH, _ West Coliseum Way, Midvale, Utah 84047 (US). WEL- GM, KE, LR, LS, MW, MZ, NA, RW, SD, SL, ST, SZ, — BORN, John Wesley; c/o Medici Ventures, Inc., 799 West TZ, UG, ZM, ZW), Eurasian (AM, AZ, BY, KG, KZ, RU, — TJ, TM), European (AL, AT, BE, BG, CH, CY, CZ, DE, Coliseum Way, Midvale, Utah 84047 (US). TABACCO, DK, EE, ES, FI, FR, GB, GR, HR, HU, IE, IS, IT, LT, LU, John; c/o Medici Ventures, Inc., 799 West Coliseum Way, = Midvale, Utah 84047 (US). NICKLE, Glen; c/o Medici LV, MC, MK, MT, NL, NO, PL, PT, RO, RS, SE, SI, SK, = [Continued on next page] = = (54) Title: CRYPTO MULTIPLE SECURITY ASSET CREATION AND REDEMPTION PLATFORM = P\" --' WC' (57) : An asset trading system utilizing a distributed ledger and PPLIC TION 19..5,9 APPLICATION nia APPLICATION 105N configured to: when a creation request to create a digital fund token repres - enting at least one share of a fund having a of different assets (i) is plurality 110A —I— 110B = _ . r ... ,, om is key received, (ii) electronically signed with a private associated with a first addressed account, and (iii) indicates a composition of the at least one = fund: different by share of the place the plurality of assets represented the at = least one share of the fund into an escrow account; create the digital fund = — token, wherein the digital fund token indicates the composition of the share of the fund; and record the creation of the digital fund token on a FUND BR EAOKE distributed = MANAGER 130 NETWORK 724 . 0 LER(S) 11 ledger. = = CLEARING BANK 135 CRYPTO FUND CREATION REDEMPTION PLATFORM AND FUND CREATION MODULE 215 FUND REDEMPTION MODULE 22s Il NETWORK 149 :t ei c Il M ATS(S) 14.5 CRYPTO EXCHANGE(S) 1511 CRYPTO LEDGER(S) 15.5 Il --.... FIG. 1 IN 11 © ei O WO 2017/131929 All#110HOMOIDEIRMIDEMIOMOICHIOMOMOVOIS SM, TR), OAPI (BF, BJ, CF, CG, CI, CM, GA, GN, GQ, with information concerning one or more priority claims GW, KM, ML, MR, NE, SN, TD, TG). considered void (Rule 26bis.2(d)) Published: — with international search report (Art. 21(3))