Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Health care management
Patent
1997-10-01
1999-12-21
Trammell, James P.
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Health care management
705 12, 705 1, G06F 1760
Patent
active
060061944
ABSTRACT:
A computer-implemented system that can be implemented in human and machine societies to control resources, services, and policy includes issuing tokens to originators in exchange for commissions to be performed by the originators. A commission can be a particular function in the society or it can represent a resource that an originator will make available to the society in exchange for the tokens. The originators may exchange their tokens for services performed by other participants in the society, in which case the performing participant obtains possession of the exchanged tokens. Auctions can be periodically declared to settle a point of policy, such as allocating one of the society's resources. The participants of the society may bid tokens (both as originators and possessors of tokens) in favor of one of several possible auction preferences. At the end of the term of the auction, tokens that have been bid in the auction are recycled to their respective originators, regardless of the who (originator or possessor) bid the tokens.
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Wayner, P., BYTE, vol. 15, No. 4, pages 252-258, "Time and money (distributed operating system, Spawn)", Apr. 1, 1990.
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Printout: Published on the Internet prior to Oct. 1, 1996. Title unknown, Author unknown.
Rogitz John L.
Rosen Nicholas
Trammell James P.
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