WO2007098292A3 - Virtual collateral for real-world obligations - Google Patents

Virtual collateral for real-world obligations Download PDF

Info

Publication number
WO2007098292A3
WO2007098292A3 PCT/US2007/005148 US2007005148W WO2007098292A3 WO 2007098292 A3 WO2007098292 A3 WO 2007098292A3 US 2007005148 W US2007005148 W US 2007005148W WO 2007098292 A3 WO2007098292 A3 WO 2007098292A3
Authority
WO
WIPO (PCT)
Prior art keywords
virtual
world
real
collateral
transactions
Prior art date
Application number
PCT/US2007/005148
Other languages
French (fr)
Other versions
WO2007098292A2 (en
Inventor
Edward K Y Jung
Royce A Levien
Robert W Lord
Mark A Malamud
John D Rinaldo Jr
Original Assignee
Searete Llc
Edward K Y Jung
Royce A Levien
Robert W Lord
Mark A Malamud
John D Rinaldo Jr
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Priority claimed from US11/364,498 external-priority patent/US20070203725A1/en
Priority claimed from US11/364,895 external-priority patent/US8473382B2/en
Application filed by Searete Llc, Edward K Y Jung, Royce A Levien, Robert W Lord, Mark A Malamud, John D Rinaldo Jr filed Critical Searete Llc
Publication of WO2007098292A2 publication Critical patent/WO2007098292A2/en
Publication of WO2007098292A3 publication Critical patent/WO2007098292A3/en

Links

Classifications

    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes
    • G06Q40/02—Banking, e.g. interest calculation or account maintenance

Abstract

A method and system provides transactions and arrangements in virtual world environments. A user can participate in transactions to acquire virtual property and related virtual rights. In some implementations, real-world and virtual parties can be involved in virtual collateral transactions as well as conditional transfers and/or revocations involving various types of virtual objects and virtual rights. A possible relinquishment of designated aspects of the virtual collateral may result from unsatisfactory compliance with a real-world obligation or virtual world obligation that is secured by the virtual collateral.
PCT/US2007/005148 2006-02-27 2007-02-27 Virtual collateral for real-world obligations WO2007098292A2 (en)

Applications Claiming Priority (4)

Application Number Priority Date Filing Date Title
US11/364,498 US20070203725A1 (en) 2006-02-27 2006-02-27 Security arrangements for virtual world obligations
US11/364,498 2006-02-27
US11/364,895 2006-02-28
US11/364,895 US8473382B2 (en) 2006-02-28 2006-02-28 Virtual collateral for real-world obligations

Publications (2)

Publication Number Publication Date
WO2007098292A2 WO2007098292A2 (en) 2007-08-30
WO2007098292A3 true WO2007098292A3 (en) 2008-02-28

Family

ID=38438031

Family Applications (1)

Application Number Title Priority Date Filing Date
PCT/US2007/005148 WO2007098292A2 (en) 2006-02-27 2007-02-27 Virtual collateral for real-world obligations

Country Status (1)

Country Link
WO (1) WO2007098292A2 (en)

Citations (3)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US20020152156A1 (en) * 2000-02-25 2002-10-17 Kathleen Tyson-Quah Method of and system for mitigating risk associated with settling of foreign exchange and other payments-based transactions
US20030046689A1 (en) * 2000-09-25 2003-03-06 Maria Gaos Method and apparatus for delivering a virtual reality environment
US20030144940A1 (en) * 2002-01-25 2003-07-31 Kochansky Joseph M. System and method for facilitating collateral management

Patent Citations (3)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US20020152156A1 (en) * 2000-02-25 2002-10-17 Kathleen Tyson-Quah Method of and system for mitigating risk associated with settling of foreign exchange and other payments-based transactions
US20030046689A1 (en) * 2000-09-25 2003-03-06 Maria Gaos Method and apparatus for delivering a virtual reality environment
US20030144940A1 (en) * 2002-01-25 2003-07-31 Kochansky Joseph M. System and method for facilitating collateral management

Also Published As

Publication number Publication date
WO2007098292A2 (en) 2007-08-30

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