System and method for providing and transferring fungible electronic money

An electronic money and electronic technology, applied in the field of systems and methods for providing and transferring substitute electronic money, can solve the problems of system abuse of transferring money, and achieve the effect of low cost

Inactive Publication Date: 2014-01-29
R·吉奥瑞
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

And since many of the systems currently used to move money are heavily abused, it is also necessary to provide systems for tracking these transfers and who is making them

Method used

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  • System and method for providing and transferring fungible electronic money
  • System and method for providing and transferring fungible electronic money
  • System and method for providing and transferring fungible electronic money

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Embodiment Construction

[0069] Structurally and functionally identical elements present in more than one different drawing or illustration are given the same numerical or letter designation in each of the above drawing or illustration.

[0070] The present invention includes systems and methods for providing alternative electronic money that can be exchanged between domestic and international parties (as freely as banknotes). The present invention also includes systems and methods for providing appropriate central bank level oversight for controlling and regulating the flow of electronic money. The system and method of the present invention also involves the gradual replacement of banknotes by digital currencies issued by central banks, implemented through the Global Standard for Money Technology (GSMT) branded electronic money system named after its inventor Roberto Giori. Accordingly, the systems and methods of the present invention are collectively referred to as "GSMT" hereinafter. GSMT is a sys...

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Abstract

A system and method for transferring fungible electronic money is disclosed. The system and method include two or more Central Banks that guarantee the electronic money within an electronic communications network, the electronic money being an authenticated and fungible currency capable of electronic transfer. The system and method further include registering a first user within the electronic services network, registering a second user within the electronic services network, receiving a request from the first user to transfer at least a portion of the electronic money to the second user, and electronically transferring the at least a portion of the electronic money to a mobile device belonging to the second user in response to the request received from the first user, wherein the electronic transfer occurs within the electronic communications network.

Description

technical field [0001] The present invention generally relates to systems and methods for providing alternative electronic money in a global "open loop" system rather than the "closed loop" system commonly and currently used. More specifically, the present invention relates to systems and methods for providing alternative electronic money (as freely as banknotes) that can be exchanged between domestic and international parties, but at the same time provide appropriate oversight for control and regulate the flow of its funds. The supervision and control of such a system is preferably undertaken by the central bank and / or a special agency. This invention involves the creation of new government resources and global standards that will not only include the generation of central bank level codes designed to progressively replace banknotes (or banknotes), but will also include the highest level of secure encryption and transmission utilizing the latest mobile technologies, Data co...

Claims

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Application Information

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Patent Type & Authority Applications(China)
IPC IPC(8): G06Q20/06
CPCG06Q20/0655G06Q20/1085G06Q20/3223G06Q20/10
Inventor R·吉奥瑞
Owner R·吉奥瑞
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