Invention Grant
- Patent Title: Synthetic currency
- Patent Title (中): 合成货币
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Application No.: US11715093Application Date: 2007-03-07
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Publication No.: US08108283B2Publication Date: 2012-01-31
- Inventor: Edoardo Dimitri , Filippos Kasimatis , Andrew Kaufmann
- Applicant: Edoardo Dimitri , Filippos Kasimatis , Andrew Kaufmann
- Applicant Address: GB London
- Assignee: Barclays Bank PLC
- Current Assignee: Barclays Bank PLC
- Current Assignee Address: GB London
- Agency: Amster, Rothstein & Ebenstein LLP
- Main IPC: G06Q40/00
- IPC: G06Q40/00
Abstract:
A method for formulating a synthetic currency including the steps of borrowing an amount of funds in at least one first currency at a first interest rate, converting a portion of the borrowed funds to at least one second currency, investing the portion of the borrowed funds in an investment that pays interest which covers at least a portion of cost of borrowing the borrowed funds in the first currency, and providing a third currency based on the remaining portion of the borrowed funds.
Public/Granted literature
- US20080222051A1 Synthetic currency Public/Granted day:2008-09-11
Information query
