ACE (Alternative Currency Exchange): Alternative Currency Tracking and Mapping System and Method
First Claim
1. A computer implemented method, comprising:
- accessing exchange rates for various entities, such as airline points/“
miles”
, hotel points, or virtual gaming currency such as “
Second Life”
/Linden dollars;
displaying those values if desired via web, printed, audio, visual, or other modes;
providing a list of options for a user to choose, such list including exchanging one entity'"'"'s currency for another entity'"'"'s currency, andeffecting the choice made by the user.
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Accused Products
Abstract
The invention being disclosed relates to mapping alternative currencies to known worldwide currencies/cash (e.g. dollars, Euros), creating a computation engine to determine the relative values among real and alternative currencies, providing a service and exchange for maintaining or providing an orderly change in the relative value (exchange rate) of alternative and real currencies, and enabling the trading.
The invention includes a system and method to map alternative currencies to known currencies/cash (e.g. dollars, Euros).
Alternative currencies include but are not limited to:
- Airline rewards (such as miles, points)
- Hotel rewards (such as miles, points)
- Credit card points, rewards
- Cash accumulated within “virtual environments” such as online games (e.g. “Second Life”)
A rate quotation will be provided by computing the number of units of alternative currency that are equivalent to known currency.
107 Citations
7 Claims
-
1. A computer implemented method, comprising:
- accessing exchange rates for various entities, such as airline points/“
miles”
, hotel points, or virtual gaming currency such as “
Second Life”
/Linden dollars;
displaying those values if desired via web, printed, audio, visual, or other modes;
providing a list of options for a user to choose, such list including exchanging one entity'"'"'s currency for another entity'"'"'s currency, andeffecting the choice made by the user. - View Dependent Claims (3, 4, 5, 6)
- accessing exchange rates for various entities, such as airline points/“
-
2. A computer implemented method, comprising:
- accessing exchange rates for various entities such as airline points/“
miles”
, hotel points, or virtual gaming currency such as “
Second Life”
/Linden dollars;displaying those values if desired via web, printed, audio, visual, or other modes; providing comparison of values of each, either or both historical, estimated, or real-time; providing a list of options for a user to choose, such list including exchanging one entity'"'"'s currency for another entity'"'"'s currency, and effecting the choice made by the user.
- accessing exchange rates for various entities such as airline points/“
-
7. A computer system that provides to a user exchange rates for various entities, such as airline points/“
- miles”
, hotel points, or virtual gaming currency such as “
Second Life”
/Linden dollars;that displays at least one of those values; that provides a list of options for a user to choose, such list including exchanging one entity'"'"'s currency for another entity'"'"'s currency, and that effects the choice made by the user.
- miles”
Specification