Patents by Inventor Richard Thomas Franz, JR.

Richard Thomas Franz, JR. 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).

  • System and method for generating and using digital time tokens
    Patent number: 11985123
    Abstract: Systems and methods for generating one or more digital tokens for transmission among users is disclosed. The method comprises the steps of connecting a user to a computer based system via a set of login credentials. Further, the user is allowed to select one or more digital tokens to be sent to other users. Further, one or more users are selected as recipients. A value is determined for the one or more tokens to be sent to the other users. Furthermore, a set of content is input into a message associated with the one or more tokens. The tokens along with the message are transmitted from one user to the other. Upon successful transmission, the method updates one or more account balances for the one or more users and/or recipients.
    Type: Grant
    Filed: June 3, 2020
    Date of Patent: May 14, 2024
    Inventor: Richard Thomas Franz, Jr.
  • SYSTEM AND METHOD FOR GENERATING AND USING DIGITAL TIME TOKENS
    Publication number: 20210385211
    Abstract: Systems and methods for generating one or more digital tokens for transmission among users is disclosed. The method comprises the steps of connecting a user to a computer based system via a set of login credentials. Further, the user is allowed to select one or more digital tokens to be sent to other users. Further, one or more users are selected as recipients. A value is determined for the one or more tokens to be sent to the other users. Furthermore, a set of content is input into a message associated with the one or more tokens. The tokens along with the message are transmitted from one user to the other. Upon successful transmission, the method updates one or more account balances for the one or more users and/or recipients.
    Type: Application
    Filed: June 3, 2020
    Publication date: December 9, 2021
    Inventor: Richard Thomas Franz, JR.