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Home > About GoldMoney > New patent awarded to GoldMoney

17 July 2002 - GoldMoney is pleased to announce that it has been awarded US Patent No. 6,415,271 by the US Patent & Trademark Office.

Entitled 'Electronic cash eliminating payment risk', the patent describes a system and method to allow gold to circulate as digital cash through a global computer network such as the Internet and/or private communication networks, in both hardwired and wireless systems, much like cash currently circulates in the physical world.

This new patent is the third patent awarded to GoldMoney. It is a continuation of US Patent No. 5,671,364, which was the first in a series of patents and still pending patent applications by GoldMoney, the inventor of digital gold currency.

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