Systems, methods, and program products for an application programming interface generating a blended digital math-based assets index
A trust computer system comprises one or more processors; and non-transitory computer readable memory having stored thereon machine-readable instructions that, when executed by the one or more processors, cause the one or more processors to perform a method comprising: receiving a request for a blended digital math-based asset price for a basket of a plurality of digital math-based assets; requesting electronic digital math-based asset pricing data; receiving the electronic digital math-based asset pricing data; calculating a blended digital math-based asset price; storing the blended digital math-based asset price; accessing a plurality of prior blended digital math-based asset prices; aggregating the blended digital math-based asset price with the plurality of prior blended digital math-based asset prices; and applying the digital math-based asset price index for a benchmark for an instrument.
1. A trust computer system comprises:
(1) one or more processors;
(2) non-transitory computer readable memory operatively connected to the one or more processors, the non-transitory computer-readable memory having stored thereon machine-readable instructions that, when executed by the one or more processors, cause the one or more processors to perform a method comprising:
receiving, by the trust computer system, a request for a blended digital math-based asset price for a basket of a plurality of digital math-based assets, wherein the blended digital math-based asset price is based on respective pricing data available from one reference digital math-based asset exchange, the digital math-based asset exchange being operatively connected to a plurality of decentralized digital asset networks that each use a respective decentralized electronic ledger in the form of a respective blockchain maintained by a respective plurality of physically remote computer systems to track at least one of asset ownership or transactions in a respective digital math based asset system;
requesting, by the trust computer system, from one or more application program interfaces associated with the reference digital math-based asset exchange, electronic digital math-based asset pricing data associated with a first period of time for each respective digital math-based asset of the plurality of digital math-based assets from the reference digital math-based asset exchange;
receiving, by the trust computer system, from the one or more application program interfaces, the electronic digital math-based asset pricing data;
calculating, using the trust computer system, a blended digital math-based asset price for the first period of time using the electronic digital math-based asset pricing data from the reference digital math-based asset exchange for the first period of time;
storing, by the trust computer system in one or more databases, the blended digital math-based asset price for the first period of time;
accessing, by the trust computer system from a blended price database, a plurality of prior blended digital math-based asset prices each associated with a respective prior period of time;
aggregating, by the trust computer system, the blended digital math-based asset price for the first period of time with the plurality of prior blended digital math-based asset prices to update a digital math-based asset price index to include respective blended digital math-based asset prices for the prior periods of time and the first period of time; and
applying, by the trust computer system, the digital math-based asset price index for a benchmark for an instrument associated with the basket of the plurality of digital math-based assets.
2. The trust computer system of claim 1 , wherein one of the plurality of digital math-based assets is bitcoin.
3. The trust computer system of claim 1 , wherein one of the plurality of digital math-based assets is Ether.
4. The trust computer system of claim 1 , wherein at least one of the plurality of the digital math-based assets is based on a mathematical protocol for proof of work.
5. The trust computer system of claim 4 , wherein the mathematical protocol is open source.
6. The trust computer system of claim 1 , wherein at least one of the plurality of the digital math-based asset is based on a mathematical protocol for proof of stake.
7. The trust computer system of claim 6 , wherein the mathematical protocol is open source.
8. The trust computer system of claim 1 , wherein at least one of the plurality of the digital math-based assets is based on a cryptographic mathematical protocol.
9. The trust computer system of claim 1 , wherein the blended digital math-based asset price for the first period of time is electronically published via a website using the application program interface.
10. The trust computer system of claim 1 , wherein the blended digital math-based asset price for the first period of time is calculated based on a total number of digital math-based assets.
11. The trust computer system of claim 1 , wherein the electronic digital math-based asset pricing data is in U.S. Dollars.
12. The trust computer system of claim 1 , wherein the method further comprises the steps of:
requesting, by the trust computer system, from the one or more application program interfaces associated with the reference digital math-based asset exchange, electronic digital math-based asset pricing data associated with a second period of time for each respective digital math-based asset from the plurality of digital math-based assets from the reference digital math-based asset exchange;
receiving, by the trust computer system, from the one or more application program interfaces, the electronic digital math-based asset pricing data associated with the second period of time;
calculating, using the trust computer system, a blended digital math-based asset price for the second period of time using the electronic digital math-based asset pricing data from the reference digital math-based asset exchange for the second period of time;
storing, by the trust computer system in one or more databases, the blended digital math-based asset price for the second period of time;
accessing, by the trust computer system from the blended price database, a plurality of prior blended digital math-based asset prices each associated with a respective prior period of time;
aggregating, by the trust computer system, the blended digital math-based asset price for the second period of time with the plurality of prior blended digital math-based asset prices to update the digital math-based asset price index to include respective blended digital math-based asset prices for the prior periods of time and the second period of time; and
applying, by the trust computer system, the updated digital math-based asset price index for a benchmark for an instrument associated with the basket of the plurality of digital math-based assets.
13. The trust computer system of claim 12 , wherein the method further comprises a step of: publishing, by the trust computer system to one or more other computers, at least the blended digital math-based asset price for the first period of time and the blended digital math-based asset price for the second period of time.
14. The trust computer system of claim 1 , wherein the calculating of a blended digital math-based asset price excludes at least some of the pricing data from the reference digital math-based asset exchange for the first period of time.
15. The trust computer system of claim 4 , wherein the mathematical protocol includes a one-way cryptographic algorithm.
16. The trust computer system of claim 1 , wherein at least one digital math-based asset is based on a mathematical protocol for a hybrid of proof of work and proof of stake.
17. The trust computer system of claim 1 , wherein at least one digital math-based asset is based on a mathematical protocol for proof of stake velocity.
18. The trust computer system of claim 17 , wherein the mathematical protocol relies upon ownership of respective digital math-based assets as a function of duration of ownership.
19. The trust computer system of claim 1 , wherein at least one digital math-based asset is based on a mathematical protocol for proof of burn.
20. The trust computer system of claim 1 , wherein a number of digital math-based assets in the decentralized digital asset network is limited.
21. The trust computer system of claim 1 , wherein a number of digital math-based assets in the decentralized digital asset network is not limited.
22. The trust computer system of claim 1 , wherein a specified number of digital math-based assets in the decentralized digital asset network is added into circulation during a defined time period.