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1. (WO2017151927) CLOSED-LOOP DONATION ARBITRATION SYSTEM

Pub. No.:    WO/2017/151927    International Application No.:    PCT/US2017/020457
Publication Date: Sat Sep 09 01:59:59 CEST 2017 International Filing Date: Fri Mar 03 00:59:59 CET 2017
IPC: G06Q 30/02
G06Q 30/06
G06Q 40/02
G06Q 40/06
G06Q 50/10
G06Q 50/22
G06Q 10/06
G06Q 20/10
G06F 17/30
H04L 12/16
Applicants: TECDONOR
Inventors: BRASWELL III, Allen Stern
Title: CLOSED-LOOP DONATION ARBITRATION SYSTEM
Abstract:
Embodiments include systems and methods for arbitration of donor transactions in a closed-loop arbitration system among different categories of entities: the non-profit entities (NPEs), volunteers, and for-profit entities (FPEs). The arbitration uses a customized currency that is valid within the closed-loop platform, referred to as a closed-loop currency unit (CLCU). For example, NPEs can create engagement opportunities in the system, and volunteers can selectively engage with those opportunities in exchange for a defined CLCU value. The volunteers can donate their obtained CLCUs to NPEs and/or can redeem their obtained CLCUs for incentives created by FPEs in the system. FPEs can also create request-for-donation (RFD) records (e.g., as guaranteed donation offers) in the system, and NPEs can exchange their CLCUs (e.g., donated to them by volunteers) to receive cash-equivalent donations from the FPEs according to the RFD records.