Home | Bankcoin Reserve at Wyith (BCR@W) | Our Blockchain Patents
Our Blockchain Patents
Unlike other cryptocurrencies or digital assets, Bankcoin Reserve at Wyith (BCR@W) is properly backed by
a total of nine patents granted to AAA Blockchain Limited (in Belize, Central America)
and Gary McAlister (all patents are currently in the process of being consolidated under the ownership
of AAA Blockchain Ltd with Wyith Community being one of the major shareholders).
Since 2014, these patents were applied for in particular order as steps of invention, including the
Proof-of-Stake (PoS) mining and minted discoveries using blockchain.
Links to the following patents as listed on the World Intellectual Property website are also available
with each listed patents below.
Summary of Blockchain patents granted since 2014
SAVINGS AND DEPOSITS INNOVATION
Patent Number: 2014101156
Application Date: 18.09.2014
Publication Date: 02.10.2014
IPC: G06Q 40/02
Title: New method for Banks & Financial institutions using crypto currency for savings
and deposit taking. example Bankcoin mines/mints interest, mines/mints transaction fees, Proof-of-Stake (POS).
Information for readers: This patent concerns the concepts behind how cryptocurrencies
can be used by financial institutions for savings and deposit taking.
Link to Patent in WIPO |
LOAN AND FINANCE INNOVATION
Patent Number: 2014101277
Application Date: 20.10.2014
Publication Date: 06.11.2014
IPC: G06Q 40/02
Title: New method for banks, financial institutions and monetary funds to provide
ethical loans finance including Islamic finance with no interest or usury. Banks,
financial institutions and monetary funds can replace interest or usury using this new method
which is an internal crypto currency block chain dependent process the minting of
new coin and mining of transaction fees.
Information for readers: This patent concerns the concepts behind how loans financing via
using the blockchain can be done
Link to Patent in WIPO |
NEW MONETARY SYSTEM INNOVATION
Patent Number: 2014101324
Application Date: 03.11.2014
Publication Date: 13.11.2014
IPC: G06Q 40/00
Title: This new monetary innovation method/process using crypto currency applies to
and for entities, which require an income/revenue producing asset using any form of
named/renamed crypto currency, using any form of blockchain/chain process using
the wallet which mints/mines new coin assets.
Information for readers: This patent concerns the concepts behind the blockchain and crypto mining process
Link to Patent in WIPO |
STOCK AND BOND INNOVATION
Patent Number: 2016100178
Application Date: 17.02.2016
Publication Date: 03.03.2016
IPC:G06Q 40/06
Title: New stock/share/bond innovation using principle mined cryptographic
currency/digital mining assets/commodities which secondary mine for stock/share/bond
holders on/using the Blockchain/any chain/shared ledger on a cryptographic currency/digital
mining assets/commodities exchange.
Information for readers: This patent concerns the concepts behind the mining mechanism for
stock/share/bond using blockchain
Link to Patent in WIPO |
PRIVATE PLACEMENT / HIGH YIELD INNOVATION
Patent Number: 2016100394
Application Date: 11.04.2016
Publication Date: 28.04.2016
IPC: G06Q 40/00 H04L 9/28
Title: Blockchain digital mining asset/commodity innovation for private placement, high yield investment,
Tier 1,2,3, MTN buy/sell structured financial trading programs and platforms.
Information for readers: This patent concerns the concepts behind blockchain digital mining
for use in private placement
Link to Patent in WIPO |
MINING & DISCOVERY FRANCHISE INNOVATION
Patent Number: 2017100375
Application Date: 04.04.2017
Publication Date: 20.04.2017
IPC: G06Q 20/06
Title: New digital mine discovery franchise innovation for but not limited to
governments, treasuries, central banks, banks, financial institutions, monetary funds,
judicial entities, real estates, properties commercial, industrial, domestic, foreign,
stock, bond and share markets, insurance captive underwriting institutions, public,
private, wholesale, retail and service sectors using the blockchain to discover a master
franchise and or for the discovery of franchises of the new digital mines.
Information for readers: This patent concerns the concepts behind how
the blockchain can be deployed for franchising
Link to Patent in WIPO |
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ISLAMIC BANKING INNOVATION
Patent Number: 2017100426
Application Date: 18.04.2017
Publication Date: 04.05.2017
IPC: G06Q 20/00 H04L 9/00
Title: New Islamic banking Sharia-compliant blockchain innovation patent that has no riba, usury
or interest component for but not limited to savings, deposit, ethical loans, finance, stock share bond,
private placement programs, digitally discover new mine deposits to franchise & new monetary system
using blockchains POS proof of stake/secondary mining mine discovery process of assets and
commodities for entities such as but not limited to Governments, treasuries, central banks, banks,
financial institutions, monetary funds, judicial entities, profit-sharing blockchain franchise investments,
PSBs (Public Sector Banks) and FIs (Financial Institutions).
Information for readers: This patent concerns the concepts behind Sharia-compliant blockchains
Link to Patent in WIPO |
FOREIGN EXCHANGE INNOVATION
Patent Number: 2017101206
Application Date: 04.09.2017
Publication Date: 21.09.2017
IPC: G06Q 40/04 G06Q 20/22
Title: New blockchain foreign exchange innovation patent - international funds transfers
settled locally/nationally by our blockchain sender and receiver in but not limited to
both countries matching algorithm and Proof-of-Stake (POS) secondary mining process.
For entities such as but not limited to governments, treasuries, central banks, banks,
financial institutions, monetary funds, judicial entities, real estates, properties commercial,
industrial, domestic, foreign, stock, bond, share and IT software markets, insurance captive
Islamic banking Sharia-compliant blockchain foreign exchange innovation.
Information for readers: This patent concerns the concepts behind funds transfers using blockchain
Link to Patent in WIPO |
FOREIGN EXCHANGE INNOVATION
Patent Number: 2018100715
Application Date: 28.05.2018
Publication Date: 14.06.2018
IPC: G06Q 40/02
Title: New blockchain digital mining asset, commodity, property, mine formulation
innovation patent for large monetary financial numbers and instruments such as but not limited
to One Undecillion 10^36 for but not limited to global world banks, financial institutions,
credit and debt markets, Governments, treasuries, central banks, banks, financial institutions,
monetary funds, judicial entities, profit-sharing blockchain franchise investments PSBFI's,
Insurance, superannuation SMSF's (Self-managed Super Fund), real estates, agriculture.
Information for readers: This patent concerns the concepts behind the use of the blockchain
for large monetary numbers and instruments
Link to Patent in WIPO |
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About Wyith Community
Wyith Community is an associated not-for-profit society founded by members of
the Wyith Institute™. The society successfully completed
its registration on March 31, 2016 with the Hong Kong Police in accordance with the
provisions of Section 5A(1) of the Societies Ordinance – Chapter 151 of the Laws of Hong Kong.
The aims of Wyith Community is to foster the growth and exchange of knowledge
and its development through supporting the Belt-and-Road Initiative
which covers more than 60 countries (or some 63% of the world's population;
or 30% of the world's GDP in total) along the ancient Silk Road Economic Belt
and the 21st Century Maritime Silkroad. Hence, the Community envisions very active future
collaborations with universities and tertiary institutions situated along the Belt-and-Road economic regions.
The Community is a major shareholder of AAABlockchain Ltd in Belize (Central America)
that holds nine (9) Australian patents regarding various blockchain applications through which
the Community firmly believes could help transform and bring development to countries
along the Belt-and-Road economic regions, if not to the entire world. These patents are also recognized
by the United States Patent and Trade Mark Office (USPTO) through the international Patent Cooperation Treaty (PCT).
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