Unknown Organization (20250086711). System and Method for Linking Cryptocurrency to a Physical Asset
System and Method for Linking Cryptocurrency to a Physical Asset
Organization Name
Inventor(s)
Ritchy Leandro Marques of Mulmur (CA)
System and Method for Linking Cryptocurrency to a Physical Asset
This abstract first appeared for US patent application 20250086711 titled 'System and Method for Linking Cryptocurrency to a Physical Asset
Original Abstract Submitted
a system and method for linking cryptocurrency to a physical asset is provided. the system and method for linking cryptocurrency to a physical asset provides for the issuance, trading, and redemption of cryptocurrency tokens backed by physical assets. the system includes a specialized trading network of interconnected computers, facilitated through a trading protocol and a decentralized ledger. participants engage in secure transactions with transfer, redemption, and burn functions to maintain parity of the tokens and physical assets. the system provides a secure, efficient, and transparent means for token holders to trade and redeem backed assets within a decentralized framework.
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