Service Based Certificate
Number of patents in Portfolio can not be more than 2000
United States of America
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N/A
Issued Date -
Feb 6, 2020
app pub date -
Jul 12, 2019
filing date -
Jul 12, 2019
priority date (Note) -
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status (Latency Note)
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Abstract
A claim on service or service based certificate (SBC) is a new form of currency. The SBC is non-fiat and not tied to a commodity. Rather, SBCs are valued in relation to a value-added resource that grows with economic advancement or other increases in technology. In exemplary embodiments, the SBC is valued with regard to computing power and, as such, increases, decreases or is otherwise altered in value with advancements in computing power. Over any given period of time, the value of an SBC may increase, decrease or remain steady based on advancements in computing power or changes in related financial or economic conditions.
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