IP Library Granted Patent US 12,287,869
Granted Patent B2
US 12,287,869 · App. 18/933,392 · Granted Apr 29, 2025

Secure environment public register (SEPR)

Inventors: Robert William Kocher (McLean, VA); Douglas Earl Dyer (Herndon, VA); John Shelly Bowling, II (Reston, VA)
Assignee: P4 X Group Inc.
G06F21/53G07B15/00G06F2221/034G06Q2240/00
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Quick Facts
Patent No.
US 12,287,869
App. No.
18/933,392
Granted
Apr 29, 2025
Kind
B2
Abstract

A Secure Environment Public Register (SEPR) provides a method and system that allows precious metals in the shape of bar(s) or units to be certified, specially numbered to provide exact linkage to an owner, allow secure movement of precious metals between secure facilities, and though Blockchain allow secure transfer of ownership between individuals and organizations. The SEPR allows gold and other precious metals to be easily held and traded in commerce with all the advantages of holding precious metals. The SEPR system allows exact audits of the metal bars on hand and avoids over-selling units since each bar is serialized and ownership is documented in a public register.

Claims (85)

1. A system comprising:

a physically secure environment configured to receive precious metal thereto and release the precious metal therefrom; and

a precious metal registration system configured to record

precious metal identification information,

physically secure location information of precious metal, and

certification information and de-processing information of precious metal;

the system further configured to receive precious metal into the physically secure environment by

inspecting, within the physically secure environment, a quality of the received precious metal,

processing, within the physically secure environment, the precious metal into a standard uniform characteristic, and

certifying, within the physically secure environment, a quality value of the processed precious metal, and

registering the certified precious metal in the standard uniform characteristic in the precious metal registration system by

providing a registration indicia on one of the registered precious metal or a container containing the registered precious metal, and

entering a corresponding registration record including the precious metal identification information and certification information in a precious metal registration database of the precious metal registration system; and

the system further configured to release registered precious metal of the standard uniform characteristic from the physically secure environment.

2. The system of claim 1 , wherein the physically secure environment further comprises a secure transportation system configured to transport the precious metal between at least two storage facilities within the physically secure environment.

3. The system of claim 1 , wherein the precious metal comprises at least one from a group of gold and silver.

4. The system of claim 1 , wherein the precious metal identification information comprises a unique identification number for a smallest indivisible unit of the precious metal stored within the physically secure environment.

5. The system of claim 1 , wherein physically secure location information comprises at least one of a location of origination or a location of reception into the physically secure environment and a location of current disposition within the physically secure environment.

6. The system of claim 1 , wherein certification information comprises information related to one of a particular standard of quality of the precious metal or a particular standard of composition of the precious metal.

7. The system of claim 1 , wherein the registered precious metal is released from the physically secure environment by de-processing precious metal in the standard uniform characteristic by removing location information from and inserting the de-processing information into the corresponding registration record in the precious metal registration database, the de-processing information comprises information indicating a voided previous certification for the precious metal.

8. The system of claim 1 , wherein the certified quality value of the received precious metal comprises one of a standard of purity value or a standard of composition quantity.

9. The system of claim 8 , wherein the standard uniform characteristic comprises

a non-divisible weight or mass when the certified precious metal is received into and retained within the physically secure environment, and

one of the standard of purity value or the standard of composition quantity.

10. The system of claim 1 , wherein the registration indicia comprises a received location indicia, certification indicia and a unique identifier indicia.

11. The system of claim 1 , wherein the physically secure environment further comprises a secure transportation system configured to transport precious metal within the physically secure environment between a first storage facility and a second storage facility.

12. The system of claim 11 , wherein the first and second storage facilities are located in distinct one of geographic locations or countries having a secure transportation system for transporting the certified precious metal of standard uniform characteristic between the first and second storage facilities.

13. The system of claim 11 , wherein the first and second storage facilities are located in a same country.

14. A system comprising:

a physically secure environment configured to receive precious metal thereto, retain the precious metal therein, and release the precious metal therefrom; and

a precious metal registration system configured to record

precious metal identification information,

ownership status information and ownership information of precious metal,

location information of precious metal, and

certification information and de-processing information of precious metal;

the system further configured to receive precious metal into the physically secure environment by

inspecting, within the physically secure environment, a quality of the received precious metal,

processing, within the physically secure environment, the precious metal into a standard uniform characteristic, and

certifying, within the physically secure environment, a quality value of the processed precious metal, and

registering the certified precious metal in the standard uniform characteristic in the precious metal registration system by

providing a registration indicia on one of the registered precious metal or a container containing the registered precious metal, and

entering a corresponding registration record including the precious metal identification information and certification information in a precious metal registration database of the precious metal registration system;

the system further configured to retain and manage precious metal within the physically secure environment by

assigning an owner-unassigned registered precious metal of the standard uniform characteristic to an owner and updating the ownership status information with the assigned registered precious metal of the standard uniform characteristic in the precious metal registration system with ownership information of the owner; and

the system further configured to release registered precious metal of the standard uniform characteristic from the physically secure environment.

15. The system of claim 14 , wherein the physically secure environment further comprises a plurality of storage facilities.

16. The system of claim 14 , wherein the physically secure environment further comprises a secure transportation system that transports the precious metal between at least two storage facilities.

17. The system of claim 14 , wherein the precious metal comprises at least one from a group of gold and silver.

18. The system of claim 14 , wherein the precious metal identification information comprises a unique identification number for a smallest indivisible unit of the precious metal stored within the physically secure environment.

19. The system of claim 14 , wherein ownership status information comprises one of an unassigned ownership status or an assigned ownership status.

20. The system of claim 14 , wherein the ownership information comprises ownership entity identification information.

21. The system of claim 14 , wherein location information comprises at least one of a location of origination or a location of reception into the physically secure environment and a location of current disposition within the physically secure environment.

22. The system of claim 14 , wherein certification information comprises information related to one of a particular standard of quality of the precious metal or a particular standard of composition of the precious metal.

23. The system of claim 14 , wherein the registered precious metal is released from the physically secure environment by de-processing precious metal in the standard uniform characteristic by removing location information from and inserting the de-processing information into the corresponding registration record in the precious metal registration database, the de-processing information comprises information indicating a voided previous certification for the precious metal.

24. The system of claim 14 , wherein the certified quality value of the received precious metal comprises one of a standard of purity value or a standard of composition quantity.

25. The system of claim 24 , wherein the standard uniform characteristic comprises

a non-divisible weight or mass when the certified precious metal is received into and retained within the physically secure environment, and

one of the standard of purity value or the standard of composition quantity.

26. The system of claim 14 , wherein the registration indicia comprises a received location indicia, certification indicia and a unique identifier indicia.

27. A system comprising:

a physically secure environment configured to receive precious metal thereto and release the precious metal therefrom; and

a precious metal registration system configured to record

precious metal identification information,

location information of precious metal, and

certification information and de-processing information;

the system further configured to receive precious metal into the physically secure environment by

inspecting, within the physically secure environment, a quality of the received precious metal,

processing, within the physically secure environment, the precious metal into a standard uniform characteristic, and

certifying, within the physically secure environment, a quality value of the processed precious metal,

registering the certified precious metal in the standard uniform characteristic in the precious metal registration system by

providing a registration indicia on one of the registered precious metal or a container containing the registered precious metal, and

entering a corresponding registration record including the precious metal identification information and the certification information in a precious metal registration database of the precious metal registration system; and

the system further configured to release registered precious metal of the standard uniform characteristic from the physically secure environment.

28. The system of claim 27 , wherein the physically secure environment further comprises a plurality of storage facilities.

29. The system of claim 27 , wherein the physically secure environment further comprises a secure transportation system that transports the precious metal between at least two storage facilities within the physically secure environment.

30. The system of claim 27 , wherein the precious metal comprises at least one from a group of gold and silver.

31. The system of claim 27 , wherein the precious metal identification information comprises a unique identification number for a smallest indivisible unit of the precious metal stored within the physically secure environment.

32. The system of claim 27 , wherein location information comprises at least one of a location of origination or a location of reception into the physically secure environment and a location of current disposition within the physically secure environment.

33. The system of claim 27 , wherein certification information comprises information related to one of a particular standard of quality of the precious metal or a particular standard of composition of the precious metal.

34. The system of claim 27 , wherein the registered precious metal is released from the physically secure environment by de-processing precious metal in the standard uniform characteristic by removing location information from and inserting the de-processing information into the corresponding registration record in the precious metal registration database, the de-processing information comprises information indicating a voided previous certification for the precious metal.

35. The system of claim 27 , wherein the certified quality value of the received precious metal comprises one of a standard of purity value or a standard of composition quantity.

36. The system of claim 35 , wherein the standard uniform characteristic comprises

a non-divisible weight or mass when the certified precious metal is received into and retained within the physically secure environment, and

one of the standard of purity value or the standard of composition quantity.

37. The system of claim 27 , wherein the corresponding registration record comprises a received location indicia, certification indicia and a unique identifier indicia.

Assignments (1)
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Mar 12, 2025
From: LECHER, ROBERT WILLIAM; DYER, DOUGLAS EARL; BOWLING, JOHN SHELLY, II
To: P4 X GROUP, INC.
Reel/Frame 070485/0279 →
Continuity (4)
Continuation 18376776 · Oct 4, 2023
Continuation 17986037 · Nov 14, 2022
Provisional Application 63282012 · Nov 22, 2021
Related Publication 20250061189A1 · Feb 20, 2025
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