Quote from: as.exchange on December 26, 2020, 01:49:14 AM

Quote from: Jating on December 25, 2020, 10:56:21 AM

Correct since it is pending, the patent is not going to be public until the body finally decided to approved it or reject. But in any case I will assume that the patent has been filed since 2019 as the CEO Zvezdin, Nikolay, Tranched Value Securities papers have been in the market since Feb 2019.

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3337692

You can download the whole paper in the link that I provided in PDF format.

You are absolutely correct. The research paper provides a very comprehensive and detailed overview of the proposed new financial product. It was published even before we started as.exchange. Actually at that time, the CEO was considering whether this product should be patented and sold to other financial institutions for their own use, or should be implemented by himself. And the final decision was to create as.exchange, as there are many other opportunities in the market for other financial products as well which can be implemented (and we will do so!), while other institutions might misuse the product. Therefore, because the CEO believed that if he implement it himself with his team and friends, there could be much greater benefits for the market, and for common people, therefore, here we are

Good decision by the CEO though, yes I have said before the idea is really good, might be difficult to understand specially for average joe investors but as I/others dig deeper into the product itself it really has the potential to be a good financial product.

Also the final decision to file for a patent is clever I might say, because yeah it could be abuse or misuse by others. But by having a patent, everyone should follow the rule of law here that could benefits us and the financial market in the long run.