GoldMoney has received four US patents for inventing digital gold currency. An application for a fifth patent is pending.

The awarding of these patents acknowledges that GoldMoney is advancing the 'prior art' of global online payments. Namely, we have created a more advanced, and therefore better currency than the currency that now exists. The patents illustrate why GoldMoney is a currency that is ideally suited for ecommerce.

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.

The fourth patent, US Patent No. 7,143,062 (PDF file), was awarded in November 2006. This patent provides for a system and method that enables gold to circulate as digital cash through a global computer network such as the Internet and/or private communication networks, much like cash currently circulates in the physical world.

All four patents may also be viewed at the U.S. Patent Office's website (www.uspto.gov).