Systems and Methods for Transacting Units Derived from Non-Commodifiable Work Products (Continuation)

Jun 17, 2025 | Blockchain, Carbon Markets, Kiribex, Patents

(U.S. Patent No. 12,333,604 — Continuation of U.S. Patent No. 11,823,266)

Authors

Alexander M. Economides, with Dorothy Haraminac, and Tri Nguyen

Purpose

This patent was developed by Kiribex Inc., co-invented by Alexander Economides, Tri Nguyen, and Dorothy Haraminac, to broaden the protection and functionality of the company’s carbon-credit transaction framework.

It reinforces Kiribex’s proprietary position across both centralized and decentralized carbon accounting systems, ensuring interoperability and system resilience as digital markets evolve.

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Summary

U.S. Patent No. 12,333,604, titled “Systems and Methods for Transacting Units Derived from Non-Commodifiable Work Products,” is a continuation of Kiribex’s foundational Patent No. 11,823,266. It extends coverage across multiple operational, technical, and environmental dimensions that define modern carbon-credit and digital-asset accounting.

This patent builds upon the original invention’s architecture—secure issuance, validation, transaction, and destruction of tokenized environmental credits—and introduces significant new claims, including:

  • Expanded environmental scope: Coverage beyond CO₂ to include additional greenhouse gases and other measurable atmospheric compounds.

  • Two-stage discounting mechanisms: Enables dynamic valuation based on both initial and post-validation data.

  • Issuance and validation updates: Credits can automatically adjust in response to validation results, improving transparency and accuracy.

  • Fractional subdivision and destruction verification: Ensures auditable control and traceability across partial transactions and unit retirement.

  • Graphical and electronic claim management: Adds explicit protection for GUI-based interfaces and electronic transaction systems.

  • Blockchain and decentralized compatibility: Provides native support for distributed ledgers and smart contract integration.

  • System-level architecture protection: Covers both software and operational implementations of registry and tokenization infrastructure.

Together, these enhancements position Kiribex as a global innovator in verified digital environmental assets, ensuring the company retains IP control over the essential mechanisms of creation, validation, and exchange across emerging Web3 and compliance-market ecosystems.

Tags: Carbon Credits, Tokenization, Blockchain, Digital Assets, IP, Environmental Markets, Kiribex