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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


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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