IP Library › Granted Patent US 12,260,457
Granted Patent B2
US 12,260,457 · App. 17/930,543 · Granted Mar 25, 2025

Systems, methods, and computer program products for creating and maintaining a digital currency based on societal contributions

Inventor: Scott A. Flagg (Ellsworth, ME)
G06Q40/04
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Quick Facts
Patent No.
US 12,260,457
App. No.
17/930,543
Granted
Mar 25, 2025
Kind
B2
Abstract

Systems, methods, and computer program products for creating and maintaining an alternative digital currency is herein disclosed. The present invention provides a currency that values the specific nature of the work exchanged from one person to another. The present invention results in an exchange system that consciously shapes both societal interaction and also individual personal growth.

Claims (18)

1. A non-monetary digital currency system comprising:

a central server;

a plurality of user devices configured to communicate with the central server, each of the plurality of user devices configured to:

transmit, from a first user device to the central server via a network portal, a first recordation that work has been completed by a first user for a second user, wherein the work is classified in one category of a pre-determined group of categories comprising wisdom, courage, humanity, justice, temperance, and transcendence, and

transmit, from a second user device to the central server via a network portal, a second recordation that work has been received by a second user,

wherein the central server is configured to:

receive the first recordation that work has been completed and the second recordation that work has been received;

validate that the first recordation matches the second recordation;

classifying the work in one category of the pre-determined group of categories comprising wisdom, courage, humanity, justice, temperance, and transcendence;

determining a value of the work based the predetermined group of categories, the value comprising a number of non-monetary digital currency care units;

transmit, to the second user, a bill corresponding to the number of non-monetary digital currency care units;

transmit, as a payment, the number of non-monetary digital currency care units from the second user to the first user based on the work completed; and

record the number of non-monetary digital currency units in the one category of the pre-determined group of categories, the recording comprising:

allocating receiving, in a first digital record associated with the first user, the number of non-monetary digital currency care units to the first user in the one category, and

allocating giving, in a second digital record associated with the first user, the number of non-monetary digital currency care units to the second user in the one category.

2. The non-monetary digital currency system of claim 1 , wherein the non-monetary digital currency is works-based.

3. The non-monetary digital currency system of claim 1 , wherein, for the first user, each category of the pre-determined group of categories is completable by receiving and transmitting a pre-determined number of the non-monetary digital currency care units.

4. The non-monetary digital currency system of claim 3 , wherein the pre-determined number is ten thousand.

Continuity (1)
Related Publication 20240087014A1 · Mar 14, 2024
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