Patents Assigned to RESILIENCE FINANCING, LLC
  • Publication number: 20240095711
    Abstract: A system and method for using financial instruments to provide investment incentive to fund disaster mitigation projects and/or ecosystem restoration projects triggered by real world events detected at set points by sensors and analyzed by computing devices. The detection of events results in the computational analysis and determination of a characteristics of a resilience bond or ecosystem-service bond to be issued or returned to investors. Examples involve sensors used to detect events, including flood damage mitigation, earthquake damage mitigation, or air quality improvement. In one preferred embodiment of the disclosure an investor may make an initial payment into a financial instrument being a resilience bond used to fund a mitigation project, said financial instrument pays phases to the mitigation project developer at the completion of phases of the project that occur prior to the occurrence of a disaster.
    Type: Application
    Filed: October 27, 2023
    Publication date: March 21, 2024
    Applicant: RESILIENCE FINANCING,LLC
    Inventors: Saul KINTER, Sudhir MURTHY, James CLARKE
  • Patent number: 11823159
    Abstract: Disclosed is a system, apparatus, and business method for using financial instruments to provide investment incentive to fund disaster mitigation projects and/or ecosystem restoration projects triggered by real world events detected at set points by sensors and analyzed by computing devices. The detection of events results in the computational analysis and determination of a characteristics of a resilience bond or ecosystem-service bond to be issued or returned to investors. Examples involve sensors used to detect events, including flood damage mitigation, earthquake damage mitigation, or air quality improvement. In one preferred embodiment of the disclosure an investor may make an initial payment into a financial instrument being a resilience bond used to fund a mitigation project, said financial instrument pays phases to the mitigation project developer at the completion of phases of the project that occur prior to the occurrence of a disaster.
    Type: Grant
    Filed: July 25, 2019
    Date of Patent: November 21, 2023
    Assignee: RESILIENCE FINANCING, LLC
    Inventors: Saul Kinter, Sudhir Murthy, James Clarke