Patents by Inventor JOSHUA D. CRUMB

JOSHUA D. CRUMB 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: 20160328705
    Abstract: A computer method provides mediated conversion of cryptographic currencies and/or other funding sources to vaulted physical gold a one or more selected vault locations. The computer method can provide services to redeem gold and/or make payment(s) in gold. The computer method can be embodied as computer executable instructions carried by a non-transitory computer readable medium.
    Type: Application
    Filed: May 4, 2016
    Publication date: November 10, 2016
    Inventors: ROY SEBAG, JOSHUA D. CRUMB, ALESSANDRO PREMOLI
  • Publication number: 20160125398
    Abstract: Disclosed is a system related to a software platform that implements an algorithm for facilitating an instant and secure digital value transaction within a network. The digital wallet value of user(s) is converted into a virtual currency and the consolidated pricing feed of the gold bullion counterparties are computed. Further, the converted virtual currency is matched with the consolidated pricing feed of the gold bullion counterparties and based on the matching criteria an invoice can be generated for the user to purchase the gold. The generated invoice is further confirmed or secured by performing multiple signatures from different stake holders involved in the digital value transaction. Different stakeholders involved in the transaction include a server implementing the algorithm, users interested in digital value transaction, and the network through which the transaction happens. The completed digital value transaction is published on the communication device for the user to purchase gold.
    Type: Application
    Filed: October 28, 2015
    Publication date: May 5, 2016
    Inventors: ROY SEBAG, JOSHUA D. CRUMB