Patents Assigned to Commonweal Incorporated
  • Patent number: 5687323
    Abstract: The Currency Exchange Network transaction management and accounting system assists businesses, employees, and consumers to engage in productive economic activity that is not supported by traditional cash- and credit-based transaction systems. The system functions as a currency exchange between the non-cash, volunteer and barter economies and the mainstream cash economy. This dual-currency system handles transactions for goods and services using a combination of cash and Community Economic Development Scrip, a new currency based on non-cash service credits.
    Type: Grant
    Filed: June 3, 1996
    Date of Patent: November 11, 1997
    Assignee: Commonweal Incorporated
    Inventor: Joel Hodroff
  • Patent number: 5592376
    Abstract: The Currency Exchange Network transaction management and accounting system assists businesses, employees, and consumers to engage in productive economic activity that is not supported by traditional cash- and credit-based transaction systems. The system functions as a currency exchange between the non-cash, volunteer and barter economies and the mainstream cash economy. This dual-currency system handles transactions for goods and services using a combination of cash and Community Economic Development Scrip, a new currency based on non-cash service credits.
    Type: Grant
    Filed: June 17, 1994
    Date of Patent: January 7, 1997
    Assignee: Commonweal Incorporated
    Inventor: Joel Hodroff