Patents by Inventor Douglas R. Elliott

Douglas R. Elliott has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Publication number: 20200082668
    Abstract: The invention comprises methods, systems and processes for mobile/online software generated games and implemented through digital media devices. More specifically, this invention discloses methods, processes and systems for combining verified player inputs using an image scanning device feature to participate in a gaming method and process involving a plurality of algorithms. Using the unique online gaming systems with real time serial inputs, the invention enables players to receive, donate, gift or transfer electronic considerations or currencies measured and allocated by said unique online gaming systems with real time serial inputs. Further, the invention discloses the use of the game engine in block chain algorithms, systems and processes to create digital currency of definite value for gift, exchange, transfer or transaction purposes. Finally, the invention incorporates a quantum computing feature to hold an encrypted digital currency in suspense.
    Type: Application
    Filed: September 9, 2018
    Publication date: March 12, 2020
    Inventors: Jerry David Foley, Kevin Edward Sprouse, Douglas R. Elliott
  • Publication number: 20190019374
    Abstract: The invention comprises methods, systems and processes for mobile/online software generated games and implemented through digital media devices. More specifically, this invention discloses methods, processes and systems for combining verified player inputs using an image scanning device feature to participate in a gaming method and process involving a plurality of algorithms. Using the unique online gaming systems with real time serial inputs, the invention enables players to receive, donate, gift or transfer electronic considerations or currencies measured and allocated by said unique online gaming systems with real time serial inputs. Further, the invention discloses the use of the game engine in block chain algorithms, systems and processes to create digital currency of definite value for gift, exchange, transfer or transaction purposes. Finally, the invention incorporates a quantum computing feature to hold an encrypted digital currency in suspense.
    Type: Application
    Filed: September 9, 2018
    Publication date: January 17, 2019
    Inventors: Jerry David Foley, Kevin Edward Sprouse, Douglas R. Elliott
  • Publication number: 20190015740
    Abstract: The invention comprises methods, systems and processes for mobile/online software generated games and implemented through digital media devices. More specifically, this invention discloses methods, processes and systems for combining verified player inputs using an image scanning device feature to participate in a gaming method and process involving a plurality of algorithms. Using the unique online gaming systems with real time serial inputs, the invention enables players to receive, donate, gift or transfer electronic considerations or currencies measured and allocated by said unique online gaming systems with real time serial inputs. Further, the invention discloses the use of the game engine in block chain algorithms, systems and processes to create digital currency of definite value for gift, exchange, transfer or transaction purposes. Finally, the invention incorporates a quantum computing feature to hold an encrypted digital currency in suspense.
    Type: Application
    Filed: September 9, 2018
    Publication date: January 17, 2019
    Inventors: Jerry David Foley, Kevin Edward Sprouse, Douglas R. Elliott
  • Patent number: 7668770
    Abstract: The present invention relates to methods of repeatedly valuing intellectual property assets and securitizing such assets. The present invention provides a means whereby holders or owners of proprietary intellectual property may readily determine the value to the business of the securitization of their intellectual property estate and obtain capital by securitizing all or part of their intellectual property estate.
    Type: Grant
    Filed: June 5, 2007
    Date of Patent: February 23, 2010
    Assignee: TEQ Development
    Inventor: Douglas R. Elliott
  • Patent number: 7529684
    Abstract: The present invention relates to methods of valuing property assets and methods of securitizing such assets. The present invention provides a means whereby holders or owners of proprietary intellectual property may readily determine the value to the business of the securitization of their intellectual property estate and obtain capital by securitizing all or part of their intellectual property estate.
    Type: Grant
    Filed: June 19, 2007
    Date of Patent: May 5, 2009
    Assignee: TEQ Development
    Inventor: Douglas R. Elliott
  • Patent number: 7315836
    Abstract: The present invention relates to methods of valuing intellectual property assets and methods of securitizing such assets. The present invention provides a means whereby holders or owners of proprietary intellectual property may readily determine the value to the business of the securitization of their intellectual property estate and obtain capital by securitizing all or part of their intellectual property estate.
    Type: Grant
    Filed: January 11, 2000
    Date of Patent: January 1, 2008
    Assignee: TEQ Development
    Inventor: Douglas R. Elliott
  • Patent number: 7269566
    Abstract: The present invention relates to methods of valuing property assets and methods of securitizing such assets. The present invention provides a means whereby holders or owners of proprietary intellectual property may readily determine the value to the business of the securitization of their intellectual property estate and obtain capital by securitizing all or part of their intellectual property estate.
    Type: Grant
    Filed: August 20, 2002
    Date of Patent: September 11, 2007
    Assignee: TEQ Development
    Inventor: Douglas R. Elliott
  • Patent number: 7228288
    Abstract: The present invention relates to methods of repeatedly valuing intellectual property assets and securitizing such assets. The present invention provides a means whereby holders or owners of proprietary intellectual property may readily determine the value to the business of the securitization of their intellectual property estate and obtain capital by securitizing all or part of their intellectual property estate.
    Type: Grant
    Filed: January 11, 2001
    Date of Patent: June 5, 2007
    Assignee: TEQ Development
    Inventor: Douglas R. Elliott
  • Patent number: 7216100
    Abstract: The present invention relates to methods of valuing property assets and methods of securitizing such assets. The present invention provides a means whereby holders or owners of proprietary intellectual property may readily determine the value to the business of the securitization of their intellectual property estate and obtain capital by securitizing all or part of their intellectual property estate.
    Type: Grant
    Filed: August 20, 2002
    Date of Patent: May 8, 2007
    Assignee: TEQ Development
    Inventor: Douglas R. Elliott
  • Publication number: 20030061064
    Abstract: The present invention relates to methods of valuing property assets and methods of securitizing such assets. The present invention provides a means whereby holders or owners of proprietary intellectual property may readily determine the value to the business of the securitization of their intellectual property estate and obtain capital by securitizing all or part of their intellectual property estate.
    Type: Application
    Filed: August 20, 2002
    Publication date: March 27, 2003
    Inventor: Douglas R. Elliott
  • Publication number: 20030046105
    Abstract: The present invention relates to methods of valuing property assets and methods of securitizing such assets. The present invention provides a means whereby holders or owners of proprietary intellectual property may readily determine the value to the business of the securitization of their intellectual property estate and obtain capital by securitizing all or part of their intellectual property estate.
    Type: Application
    Filed: August 20, 2002
    Publication date: March 6, 2003
    Inventor: Douglas R. Elliott
  • Publication number: 20010042034
    Abstract: The present invention relates to methods of repeatedly valuing intellectual property assets and securitizing such assets. The present invention provides a means whereby holders or owners of proprietary intellectual property may readily determine the value to the business of the securitization of their intellectual property estate and obtain capital by securitizing all or part of their intellectual property estate.
    Type: Application
    Filed: January 11, 2001
    Publication date: November 15, 2001
    Inventor: Douglas R. Elliott
  • Patent number: 4322251
    Abstract: A method and apparatus for metal degreasing or metal phosphatizing that utilizes a low boiling point solvent. The apparatus comprises a vessel defining a reservoir of solvent and a zone of solvent vapor above the reservoir, and an external heat pump system having a heat-emitting section and a heat-absorbing section to provide the necessary heating and cooling for the vessel. Intermediate heat transfer fluid loops transmit heat between the vessel and the heat pump, and include reservoirs to inhibit the loss of thermal balance in the heat pump. Coolant fluid is circulated through the solvent reservoir to inhibit solvent evaporation when the apparatus is not being used.
    Type: Grant
    Filed: May 14, 1980
    Date of Patent: March 30, 1982
    Assignee: Diamond Shamrock Corporation
    Inventor: Douglas R. Elliott