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2. (WO2016067224) SYSTEM FOR ELECTRONIC COMMERCE USING GOLD

Pub. No.:    WO/2016/067224    International Application No.:    PCT/IB2015/058327
Publication Date: Sat May 07 01:59:59 CEST 2016 International Filing Date: Fri Oct 30 00:59:59 CET 2015
IPC: G06Q 20/38
G06Q 20/22
G06Q 40/00
Applicants: BITGOLD IP HOLDINGS CORP.
Inventors: PREMOLI, Alessandro
SEBAG, Roy
CRUMB, Joshua
Title: SYSTEM FOR ELECTRONIC COMMERCE USING GOLD
Abstract:
A system and method facilitates electronic commerce using gold. A first user of the system owns gold stored in a gold vault. The user purchases goods or services from a second user by transferring ownership of a quantity of the gold stored in the vault to the second user.