Wednesday, October 25, 2006 11:51:11 PM
http://www.goldmoney.com/en/patents.html
I smell a future Digital Gold E-Currency IPO... Sprott Securities already owns 9.9% of the company...
http://www.goldmoney.com/en/company-news/2006-07-31.html
I think the demand/accpetance of a e-payment system 100% backed by Gold or Silver could be huge... Goldmoney.com has a fledgling e-payment system already in place, but with only just a handful of merchants accpeting it at this stage...
http://www.goldmoney.com/en/use-gold.html
IMO, goldmoney.com looks really interesting... I think I'm going to join them within the next couple months.
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The first patent application was filed in February 1993, and US Patent No. 5,671,364 (PDF file) was awarded in September 1997. This patent provides for a system and method that enables gold or other commodities (tangible assets) to circulate through an electronic medium as currency in a book entry accounting system.
The second patent, US Patent No. 5,983,207 (PDF file), was awarded in November 1999. This patent provides for a system and method that enables gold or other commodities to circulate electronically as digital cash, ensuring privacy and facilitating micro-payments.
The third patent, US Patent No. 6,415,271 (PDF file), was awarded in July 2002. This patent provides for a system and method that enables gold or other commodities to circulate electronically as digital cash over wireless networks and by means of electronic devices such as smart cards...
http://www.goldmoney.com/en/patents.html
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