Patents by Inventor Jack Fonss

Jack Fonss 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: 20190057445
    Abstract: A non-conventional method and system, linked to an electronic exchange and functionally interposed between an electronic exchange and an internet linked data stream to monitor for equilibrium conditions, to conduct automated curative processes, to improve data accuracy in fewer transaction cycles, and to redirect non-equilibrium differentials through curative processes to produce fair and equitable electronic exchange results for more participants. The system utilizes recursive processes and may invoke machine learning sub-processes to improve the accuracy of results and to reduce the number of electronic transactions or modifications required to achieve equilibriums and improved market fairness.
    Type: Application
    Filed: October 19, 2018
    Publication date: February 21, 2019
    Inventors: Jack Fonss, Maxwell John Fonss
  • Patent number: 10025797
    Abstract: A non-conventional method and system used with computerized ledgers provides advantages of computing efficiencies, data security, and universal use. The system, method, and computer readable storage medium for storing, creating, monitoring, managing, and modifying measurement, descriptive differences, and parameters of the records of distributed computerized ledgers works through a separation and linkage of stacked modular data storage and processing. Electronic transaction records reside on distributed ledgers and modifying measurement and descriptive differences reside in decentralized or centralized storage, where computers and related networks are improved with increased functionality through increased transaction speeds, decreased data transmissions, increased security, and improved modifiable functionality. The separation of parallel layered storage and modularity of design enable the system to perform a wide range of functionality while maintaining homogeneity with the distributed computerized ledger.
    Type: Grant
    Filed: March 16, 2018
    Date of Patent: July 17, 2018
    Assignee: True Return Systems LLC
    Inventor: Jack Fonss
  • Patent number: 8732070
    Abstract: The disclosed embodiments relate to information systems and to real-time processes residing on a computer system. More specifically, the disclosed embodiments relate to systems and methods for creating, monitoring, processing, and transforming the beneficial interests of one or more entities which issue two or more offsetting claim interests which are linked to changes in an endogenous or exogenous variable or index. Such offsetting interest claims will be subject to transformation by the system where system transformations will modify the relative entitlements.
    Type: Grant
    Filed: February 14, 2013
    Date of Patent: May 20, 2014
    Assignee: Accushares Holdings LLC
    Inventors: Jack Fonss, Edward J. Cataldo, Forrest Gilman
  • Patent number: 8630935
    Abstract: A computer implemented process and system is disclosed that relates to methods and systems for creating, tracking, and adjusting beneficial interests of collective investment vehicles on a real-time basis based on exogenous market price movement and transaction activity on the beneficial interests. The disclosed technology encompasses systems and methods of communication with securities exchanges, market makers, brokerage firms, custodians, investors, and the administrator of the investment vehicle. Such communications enable the market value of the interests to accurately track an underlying reference index, over time horizons equal to or longer than one trading day. Such accurate tracking occurs even in a collective investment vehicle relating to leveraged or inverse returns.
    Type: Grant
    Filed: January 13, 2012
    Date of Patent: January 14, 2014
    Inventor: Jack Fonss
  • Publication number: 20130244744
    Abstract: An information and synchronous communications computer system and process displays (i) contingent and non-contingent promotional offers or contest rewards, and (ii) data relating to future events with uncertain outcomes, where the realization of contingent promotional offers and rewards is based upon a contestant's successful predictive balloting (through interactive computer interface of the system) over future events with uncertain outcomes. Balloting involves the submission of one or more predicted choices or values relating to single or multiple future events with uncertain outcomes. Through real-time processes, the system creates, validates and modifies balloting interface and related processes to control dispersion of contestant entry selections in order to maintain a forecasted aggregate amount of awards within a statistically predetermined range.
    Type: Application
    Filed: November 12, 2012
    Publication date: September 19, 2013
    Inventors: Jack FONSS, Edward J. CATALDO
  • Publication number: 20130246243
    Abstract: The disclosed embodiments relate to information systems and to real-time processes residing on a computer system. More specifically, the disclosed embodiments relate to systems and methods for creating, monitoring, processing, and transforming the beneficial interests of one or more entities which issue two or more offsetting claim interests which are linked to changes in an endogenous or exogenous variable or index. Such offsetting interest claims will be subject to transformation by the system where system transformations will modify the relative entitlements.
    Type: Application
    Filed: February 14, 2013
    Publication date: September 19, 2013
    Inventors: Jack Fonss, Edward J. Cataldo, Forrest Gilman
  • Patent number: 8538860
    Abstract: A method and system are disclosed which creates, modifies and manipulates the units of a collective investment vehicle, and which accurately tracks a linked index or specific investment strategy through the execution of steps including: creating units at a fixed price and fixed par value at the opening of any market period; modifying of the par value of units which are traded between investors to a fixed initial par value; creating of the intra-period price values which links unit par value to returns for the applicable partial period to produce a system generated intra-day transacting price; and at the close of each market period, a manipulation of the number of units outstanding, such that the units reflect an equivalent value based on a reset to the initial fixed price, and further such that the par value is adjusted in a counterbalancing direction.
    Type: Grant
    Filed: September 14, 2012
    Date of Patent: September 17, 2013
    Assignee: Accushares Holdings LLC
    Inventors: Jack Fonss, Forrest G Gilman, Edward J Cataldo, Jr.