Commodity backed virtual currency method and system for network transactions

    公开(公告)号:US10140658B1

    公开(公告)日:2018-11-27

    申请号:US14300204

    申请日:2014-06-09

    摘要: A computerized method for managing a user account includes receiving a transfer of funds into a user account, and purchasing a commodity or valuable asset to back the funds. The method further includes tracking a value of the commodity or valuable asset, and increasing or decreasing a value of the funds based on the value of the commodity or valuable asset. The user account is accessible via a computer network for making purchases or an additional transfer of the funds to another user account. The commodity may be gold, silver, or platinum bullion. The valuable asset may be a stock or bond.