PATENT CLAIM ANALYSIS

Application Number: 15750681
Application Type: Utility
Filing Date: 2018-02
Publication Date: 2018-08
Patent Classification: ["705", "039000"]

Abstract:
A digital currency whose value is tied to a fiat currency or other thing of value is created in a participant's member account by the participant depositing a fiat currency or other thing of value in a common trust account maintained by a financial institution, and in which a plurality of participants make such deposits. A central authority maintains member accounts for the participants and credits to a participant's member account an international monetary unit (“IMU”) which reflects the value of each deposit that participant makes into the common deposit account. The value of a participant's IMU or IMUs is thus determined by the amount which the participant deposits in the trust account. The IMUs may be transferred between participants and the transferred IMU may be denominated in selected sovereign currencies. Alternatively, a transferee participant may redeem an IMU for value, e.g., for a fiat currency, in which case the IMU is retired.

Claim (Index 12):
The method of  claim 1  or  claim 11  further comprising participants other than the first participant and the second participant simultaneously or sequentially depositing sums of sovereign currency into the respective ones of the deposit accounts and instructing the central authority to transfer to other participants all or part of their respective IMUs.

Metadata:
- Claim Count in Document: 62.0
- Percentile: 88.0
- Lexical Diversity: 2.20779
- Patent Class: 705.0
- Transitional Phrase Type: open
- Component Type: 1
- Foreign Priority: False
- Related Applications: ['14562059', '10160689', '09638560', '10470094', '13030025']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.1348299684268694
- 35 USC 102 Novelty (BERT): 0.4964422497663799
- Combined Prediction Score: 0.1709911965608204
- Mean Citation Score: 220.552936
- Max Citation Score: 228.68045
- Similarity Product: 147.10597548813226

Labels:
- Claim Label 101: 0
- Claim Label 102: 1
- Claim Label 103: 1
- Claim Label 112: 1
- Combined Label: 0
- Label 101 Adjusted: 0

Dataset: test