Identifiable Physical Form, Sales Instruments, And Information Marketplace For Commodity Trades
Disclosed herein are systems, methods, and computer program products for communicating a first information node between a seller and a buyer of a production share of verifiable physical goods over a central service layer. A second information node is recorded in the data store covering the verifiable physical goods, wherein the second information node is made by a guarantor in communication with the central service layer. An identifier of the second information node is associated with the first information node over the central service layer. Market information regarding the production share is translated from the first information node and the second information node accessed from the data store using the identifier and integrating the market information regarding the production share into adjusted market information, and the market information regarding the production share and the adjusted market information is transmitted to devices connected over the central service layer.
Claim CLM-00001. 1. A method, comprising:
communicating information, by a computing device, between a seller and a buyer of a first instrument that represents a production share of verifiable physical goods, the communicating being over a central service layer of the computing device, wherein the central service layer is configured to facilitate transactions of a plurality of first instruments, and wherein the first instrument is recorded in a data store with the plurality of first instruments; recording, by the computing device, a second instrument in the data store, wherein the second instrument represents second physical goods corresponding to the verifiable physical goods, the second physical goods being pledged by a guarantor in communication with the central service layer; associating, by the computing device, the second instrument recorded in the data store with the first instrument using an identifier that refers to both the first and second instruments to form a family relationship between the first instrument and the second instrument, wherein the family relationship establishes that an amount of the second physical goods of the second instrument covers an amount of the physical goods of the production share of the first instrument; executing a purchase by the buyer of the first instrument from the seller with the central service layer; and providing ownership records of the first instrument and verifiable physical goods corresponding to the first instrument, the ownership records being for any number of transfers of the first instrument occurring over the central service layer; wherein the first instrument represents a specific unit of precious metal, the method further comprising: forming the unit of precious metal and, during formation of the unit of precious metal, injecting a substance into the precious metal while the precious metal is in liquid form to form a unique physical pattern of shapes that remains within the unit of precious metal, and recording the unique physical pattern in association with the first instrument so that the specific unit of precious metal represented by the first instrument is verifiable.
Claim CLM-00008. 8. A system, comprising:
a memory; and one or more processors, coupled to the memory, configured to perform operations comprising: communicating information between a seller and a buyer of a first instrument that represents a production share of verifiable physical goods over a central service layer, the verifiable physical goods comprising a unit of precious metal, wherein the central service layer is configured to facilitate transactions of a plurality of first instruments, and wherein the first instrument is recorded in a data store with the plurality of first instruments; after creation of the first instrument by the system, having a connection to another system that is forming the unit of precious metal and, during formation of the unit of precious metal, is injecting a substance into the precious metal while the precious metal is in liquid form to form a unique physical pattern of shapes that remains within the unit of precious metal, the unique physical pattern being received by the system; recording the unique physical pattern in association with the first instrument so that the specific unit of precious metal represented by the first instrument is verifiable; recording a second instrument in the data store, wherein the second instrument represents second physical goods corresponding to the verifiable physical goods, the second physical goods being pledged by a guarantor in communication with the central service layer; associating the second instrument recorded in the data store with the first instrument using an identifier that refers to both the first and second instruments to form a family relationship between the first instrument and the second instrument, wherein the family relationship establishes that an amount of the second physical goods of the second instrument covers an amount of the physical goods of the production share of the first instrument; executing a purchase by the buyer of the first instrument from the seller with the central service layer; and providing ownership records of the first instrument and verifiable physical goods corresponding to the first instrument, the ownership records being for any number of transfers of the first instrument occurring over the central service layer.
Claim CLM-00015. 15. A computer-readable storage device having instructions stored thereon, execution of which, by a computing device, causes the computing device to perform operations comprising:
communicating information between a seller and a buyer of a first instrument that represents a production share of verifiable physical goods, the communicating being over a central service layer of the computing device, the verifiable physical goods comprising a unit of precious metal, wherein the central service layer is configured to facilitate transactions of a plurality of first instruments, and wherein the first instrument is recorded in a data store with the plurality of first instruments; after creation of the first instrument in the data store, providing a connection to a system that is forming the unit of precious metal and, during formation of the unit of precious metal, is injecting a substance into the precious metal while the precious metal is in liquid form to form a unique physical pattern of shapes that remains within the unit of precious metal, the unique physical pattern being received by the computing device; recording the unique physical pattern in association with the first instrument so that the specific unit of precious metal represented by the first instrument is verifiable; recording a second instrument in the data store, wherein the second instrument represents second physical goods corresponding to the verifiable physical goods, the second physical goods being pledged by a guarantor in communication with the central service layer; associating the second instrument recorded in the data store with the first instrument using an identifier that refers to both the first and second instruments to form a family relationship between the first instrument and the second instrument, wherein the family relationship establishes that an amount of the second physical goods of the second instrument covers an amount of the physical goods of the production share of the first instrument; translating market information regarding the production share from the relationship between the first instrument and the second instrument accessed from the data store using the identifier and integrating the market information regarding the production share into adjusted market information, the identifier condensing an amount of raw information used in translating the market information; and transmitting the market information regarding the production share and the adjusted market information to devices connected over the central service layer.
