System and method for identification of quasi-fungible goods and services, and financial instruments based thereon
First Claim
1. A method of creating a financial instrument from at least one of a good, service and combination thereof based on quasi-fungibility thereof comprising:
- a) specifying at least one of a reference good, service and combination thereof;
b) specifying at least one of a reference use, specification and combination thereof of said at least one of a reference good, service and combination thereof;
c) identifying at least one of an alternative good, service and combination thereof analogous to said at least one of a reference good, service and combination thereof and having at least one of a use, specification and combination thereof quasi-fungible and to said at least one of a use, specification and combination thereof of said at least one of a reference good, service and combination thereof;
d) assessing the degree of quasi-fungibility of said at least one of an alternative good, service and combination thereof by comparison of said at least one of an alternative good, service and combination thereof to said at least one of a reference good, service and combination thereof and by comparison of said at least one of a use, specification and combination thereof of said at least one of an alternative good, service and combination thereof to said at least one of a use, specification and combination thereof of said at least one of a reference good, service and combination thereof;
e) determining if said degree of quasi-fungibility at least meets a predetermined level of quasi-fungibility; and
creating a financial instrument based on said at least one of an alternative good, service and combination thereof if said degree of quasi-fungibility at least meets said predetermined level of quasi-fungibility.
1 Assignment
0 Petitions
Accused Products
Abstract
A system and method of creating a financial instrument from at least one of a good, service and combination thereof based on quasi-fungibility thereof comprising specifying at least one of a reference good, service and combination thereof; specifying at least one of a reference use, specification and combination thereof of said at least one of a reference good, service and combination thereof; identifying at least one of an alternative good, service and combination thereof analogous to said at least one of a reference good, service and combination thereof and having at least one of a use, specification and combination thereof quasi-fungible to said at least one of a use, specification and combination thereof of said at least one of a reference good, service and combination thereof; assessing the degree of quasi-fungibility of said at least one of an alternative good, service and combination thereof by comparison of said at least one of an alternative good, service and combination thereof to said at least one of a reference good, service and combination thereof and by comparison of said at least one of a use, specification and combination thereof of said at least one of an alternative good, service and combination thereof to said at least one of a use, specification and combination thereof of said at least one of a reference good, service and combination thereof; determining if said degree of quasi-fungibility at least meets a predetermined level of quasi-fungibility; and creating a financial instrument based on said at least one of an alternative good, service and combination thereof if said degree of quasi-fungibility at least meets said predetermined level of quasi-fungibility.
152 Citations
34 Claims
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1. A method of creating a financial instrument from at least one of a good, service and combination thereof based on quasi-fungibility thereof comprising:
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a) specifying at least one of a reference good, service and combination thereof;
b) specifying at least one of a reference use, specification and combination thereof of said at least one of a reference good, service and combination thereof;
c) identifying at least one of an alternative good, service and combination thereof analogous to said at least one of a reference good, service and combination thereof and having at least one of a use, specification and combination thereof quasi-fungible and to said at least one of a use, specification and combination thereof of said at least one of a reference good, service and combination thereof;
d) assessing the degree of quasi-fungibility of said at least one of an alternative good, service and combination thereof by comparison of said at least one of an alternative good, service and combination thereof to said at least one of a reference good, service and combination thereof and by comparison of said at least one of a use, specification and combination thereof of said at least one of an alternative good, service and combination thereof to said at least one of a use, specification and combination thereof of said at least one of a reference good, service and combination thereof;
e) determining if said degree of quasi-fungibility at least meets a predetermined level of quasi-fungibility; and
creating a financial instrument based on said at least one of an alternative good, service and combination thereof if said degree of quasi-fungibility at least meets said predetermined level of quasi-fungibility. - View Dependent Claims (2, 3, 4, 5)
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6. A system for creating a financial instrument from at least one of a good, service and combination thereof based on quasi-fungibility thereof after selecting at least one of a target good, service and combination thereof and identifying at least one of a use, specification and combination thereof of said at least one of a reference good, service and combination thereof, said system comprising:
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a module for identifying at least one of an alternative good, service and combination thereof analogous to said at least one of a reference good, service and combination thereof and having at least one of a use, specification and combination thereof quasi-fungible to said at least one of a use, specification and combination thereof of said at least one of a reference good, service and combination thereof;
a module for assessing the degree of quasi-fungibility of said at least one of an alternative good, service and combination thereof by comparison of said at least one of an alternative good, service and combination thereof to said at least one of a reference good, service and combination thereof and by comparison of said at least one of a use, specification and combination thereof of said at least one of an alternative good, service and combination thereof to said at least one of a use, specification and combination thereof of said at least one of a reference good, service and combination thereof;
a module for determining if said degree of quasi-fungibility at least meets a predetermined level of quasi-fungibility; and
a module for creating a financial instrument based on said at least one of an alternative good, service and combination thereof if said degree of quasi-fungibility at least meets said predetermined level of quasi-fungibility. - View Dependent Claims (7, 8, 9, 10)
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11. A method of creating a financial instrument from at least one of a good, service and combination thereof based on fungibility thereof comprising:
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a) specifying at least one of a reference good, service and combination thereof;
b) specifying at least one of a use, specification and combination thereof of said at least one of a reference good, service and combination thereof;
c) identifying at least one of an alternative good, service and combination thereof analogous to said at least one of a reference good, service and combination thereof and having at least one of a use, specification and combination thereof quasi-fungible to said at least one of a use, specification and combination thereof of said at least one of a reference good, service and combination thereof;
d) assessing the degree of quasi-fungibility of said at least one of an alternative good, service and combination thereof by comparison of said at least one of an alternative good, service and combination thereof to said at least one of a reference good, service and combination thereof and by comparison of said at least one of a use, specification and combination thereof of said at least one of an alternative good, service and combination thereof to said at least one of a use, specification and combination thereof of said at least one of a reference good, service and combination thereof;
e) determining if said degree of quasi-fungibility at least meets a predetermined level of quasi-fungibility;
f) forming at least one set including at least one of said at least one of an alternative good, service, or combination thereof identified by d); and
g) creating a financial instrument based on said at least one of an alternative good, service and combination thereof of said set of f) if said degree of quasi-fungibility at least meets said predetermined level of quasi-fungibility of e). - View Dependent Claims (12, 13, 14)
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15. A system for creating a financial instrument with at least one of a good, service and combination thereof based on fungibility thereof after selecting at least one of a reference good, service and combination thereof and identifying at least one of a use, specification and combination thereof of said at least one of a reference good, service and combination thereof, said system comprising:
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a module for identifying at least one of an alternative good, service and combination thereof analogous to said at least one of a reference good, service and combination thereof and having at least one of a use, specification and combination thereof quasi-fungible to said at least one of a use, specification and combination thereof of said at least one of a reference good, service and combination thereof;
a module for assessing the degree of quasi-fungibility of said at least one of a reference good, service and combination thereof by comparison of said at least one of a reference good, service and combination thereof to said at least one of an alternative good, service and combination thereof and by comparison of said at least one of a use, specification and combination thereof of said at least one of an alternative good, service and combination thereof to said at least one of a use, specification and combination thereof of said at least one of a reference good, service and combination thereof;
a module for determining if said degree of quasi-fungibility at least meets a predetermined level of quasi-fungibility;
a module for forming at least one set including at least one of said at least one of an alternative good, service, or combination thereof identified by said module for assessing and said module for determining; and
a module for creating a financial instrument based on said at least one of an alternative good, service and combination thereof of said set if said degree of quasi-fungibility at least meets said predetermined level of quasi-fungibility. - View Dependent Claims (16, 17, 18)
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19. A method of at least one of creating, optimizing, destroying, deleting, organizing, cataloguing, using, managing, manipulating, trading, stroring and retrieving inventory of at least one of a good, service and combination thereof based on quasi-fungibility thereof comprising:
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a) specifying at least one of a reference good, service and combination thereof;
b) specifying at least one of a use, specification and combination thereof of said at least one of a reference good, service and combination thereof;
c) identifying at least one of an alternative good, service and combination thereof analogous to said at least one of a reference good, service and combination thereof and having at least one of a use, specification and combination thereof quasi-fungible to said at least one of a use, specification and combination thereof of said at least one of a reference good, service and combination thereof;
d) assessing the degree of quasi-fungibility of said at least one of an alternative good, service and combination thereof by comparison of said at least one of an alternative good, service and combination thereof to said at least one of a reference good, service and combination thereof and by comparison of said at least one of a use, specification and combination thereof of said at least one of an alternative good, service and combination thereof to said at least one of a use, specification and combination thereof of said at least one of a reference good, service and combination thereof;
e) determining if said degree of quasi-fungibility at least meets a predetermined level of quasi-fungibility;
f) forming at least one set including at least one of said at least one of an alternative good, service, or combination thereof, identified by d); and
g) creating at least one quasi-fungibility-based taxonomy from at least some of elements of said set of f), said quasi-fungibility-based taxonomy allowing at least one of at least one of creating, optimizing, destroying, deleting, organizing, cataloging, using, managing, manipulating, trading and storing said inventory. - View Dependent Claims (20, 21, 22)
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23. A system for at least one of creating, optimizing, destroying, deleting, organizing, cataloguing, using, managing, manipulating, trading, storing and retrieving inventory of at least one of a good, service and combination thereof based on quasi-fungibility thereof after selecting at least one of a reference good, service and combination thereof and identifying at least one of a use, specification and combination thereof of said at least one of a reference good, service and combination thereof, said system comprising:
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a module for identifying at least one of an alternative good, service and combination thereof analogous to said at least one of a reference good, service and combination thereof and having at least one of a use, specification and combination thereof quasi-fungible to said at least one of a use, specification and combination thereof of said at least one of a reference good, service and combination thereof;
a module for assessing the degree of quasi-fungibility of said at least one of a reference good, service and combination thereof by comparison of said at least one of a reference good, service and combination thereof to said at least one of an alternative good, service and combination thereof and by comparison of said at least one of a use, specification and combination thereof of said at least one of an alternative good, service and combination thereof to said at least one of a use, specification and combination thereof of said at least one of a reference good, service and combination thereof;
a module for determining if said degree of quasi-fungibility at least meets a predetermined level of quasi-fungibility;
a module for forming at least one set including at least one of said at least one of an alternative good, service, or combination thereof identified by said module for assessing and said module for determining; and
a module for creating at least one quasi-fungibility-based taxonomy from at least some of elements of said at least one set, said quasi-fungibility-based taxonomy allowing at least one of creating, optimizing, destroying, deleting, organizing, cataloging, using, manipulating, trading, storing and retrieving said inventory. - View Dependent Claims (24, 25, 26)
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27. A method of creating a financial instrument from at least one of a good, service and combination thereof based on quasi-fungibility thereof comprising:
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a) specifying at least one of a reference good, service and combination thereof;
b) specifying at least one of a use, specification and combination thereof of said at least one of a reference good, service and combination thereof;
c) identifying at least one of an alternative good, service and combination thereof analogous to said at least one of a reference good, service and combination thereof and having at least one of a use, specification and combination thereof analogous to said at least one of a use, specification and combination thereof of said at least one of a reference good, service and combination thereof;
d) assessing the degree of quasi-fungibility of said at least one of an alternative good, service and combination thereof by comparison of said at least one of an alternative good, service and combination thereof to said at least one of a reference good, service and combination thereof and by comparison of said at least one of a use, specification and combination thereof of said at least one of an alternative good, service and combination thereof to said at least one of a use, specification and combination thereof of said at least one of a reference good, service and combination thereof;
e) determining if said degree of quasi-fungibility at least meets a predetermined level of quasi-fungibility by using a vector-based, quasi-fungibility metric function, said quasi-fungibility metric function being at least one of the 12 norm, based on a measuring function that is Euclidean, and based on a measuring function that is non-Euclidean; and
f) creating a financial instrument based on said at least one of an alternative good, service and combination thereof if said degree of quasi-fungibility at least meets said predetermined level of quasi-fungibility. - View Dependent Claims (28, 29, 30)
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31. A system for creating a financial instrument from at least one of a good, service and combination thereof based on quasi-fungibility thereof after selecting at least one of a reference good, service and combination thereof and identifying at least one of a use, specification and combination thereof of said at least one of a reference good, service and combination thereof, said system comprising:
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a module for identifying at least one of an alternative good, service and combination thereof analogous to said at least one of a reference good, service and combination thereof and having at least one of a use, specification and combination thereof analogous to said at least one of a use, specification and combination thereof of said at least one of a reference good, service and combination thereof;
a module for assessing the degree of quasi-fungibility of said at least one of an alternative good, service and combination thereof by comparison of said at least one of an alternative good, service and combination thereof to said at least one of a reference good, service and combination thereof and by comparison of said at least one of a use, specification and combination thereof of said at least one of an alternative good, service and combination thereof to said at least one of a use, specification and combination thereof of said at least one of a reference good, service and combination thereof;
a module for determining if said degree of quasi-fungibility at least meets a predetermined level of quasi-fungibility by using a vector-based, quasi-fungibility metric function, said quasi-fungibility metric function being at least one of the 12 norm, based on a measuring function that is Euclidean, and based on a measuring function that is non-Euclidean; and
a module for creating a financial instrument based on said at least one of an alternative good, service and combination thereof if said degree of quasi-fungibility at least meets said predetermined level of quasi-fungibility. - View Dependent Claims (32, 33, 34)
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Specification