Patent ID: 7991681

Claim:
A system implemented by one or more computational devices for conducting a securitized transaction between a selling party and a purchasing party and a securitor, over a network comprising: a data storage device, said data storage device including electronic representations of at least one set of owned assets, wherein said at least one set of owned assets includes assets other than currency; a module for verifying that said at least one set of owned assets are other than currency; a module executing a set of instructions to map an outside asset or commodity for sale to said at least one set of owned assets; an operative connection to both a first electronic agent looking to dispose of said outside asset or commodity (seller) and a second electronic agent looking to secure said outside asset or commodity (securitor) in exchange for an asset or commodity other than currency, an exchange module capable of securing a transaction of said outside asset or commodity for sale; said securing at least accomplished by providing at least a portion of said at least one set of owned assets as security for said exchange, wherein said exchange module obtains approval from said second electronic agent via said network to use said at least one set of owned assets as security for said exchange, before said exchange occurs.