Claims Analysis
Total Claims: 11
Claim 1
Independent Claim
78 words
A computerized method of managing a bandwidth securitization instrument, comprising the steps of: dividing a total bandwidth resource into a plurality of component bandwidth resource units; representing a first component bandwidth resource unit with the bandwidth securitization instrument; receiving at a computer system a value associated with the first component bandwidth resource unit; and assigning a value to the bandwidth securitization instrument without human intervention, based on the received value associated with the first component bandwidth resource unit.
Claim 2
Dependent Claim
78 words
A computerized method of managing a bandwidth securitization instrument, comprising the steps of: dividing a total bandwidth resource into a plurality of component bandwidth resource units; representing a first component bandwidth resource unit with the bandwidth securitization instrument; receiving at a computer system a value associated with the first component bandwidth resource unit; and assigning a value to the bandwidth securitization instrument without human intervention, based on the received value associated with the first component bandwidth resource unit.
Claim 3
Dependent Claim
62 words
The method of claim 1 , further comprising the steps of: receiving at a computer system an offer from a first party to sell the bandwidth securitization instrument; receiving at the computer system an offer from a second party to purchase the bandwidth securitization instrument; and transferring the bandwidth securitization instrument from the first party to the second party without human intervention.
Claim 4
Dependent Claim
17 words
The method of claim 1 , wherein the bandwidth securitization instrument is a cryptographically secure computer record.
Claim 5
Dependent Claim
82 words
A computerized method of assisting a convenience premium to a bandwidth securitization instrument, comprising the steps of: dividing a total bandwidth resource into a plurality of component bandwidth resource units; representing a first component bandwidth resource unit with a bandwidth securitization instrument; estimating a demand at a given moment in time for the first component bandwidth resource unit; and assigning a value to the bandwidth securitization instrument without human intervention, based on the estimated demand for the first component bandwidth resource unit.
Claim 6
Dependent Claim
82 words
A computerized method of assisting a convenience premium to a bandwidth securitization instrument, comprising the steps of: dividing a total bandwidth resource into a plurality of component bandwidth resource units; representing a first component bandwidth resource unit with a bandwidth securitization instrument; estimating a demand at a given moment in time for the first component bandwidth resource unit; and assigning a value to the bandwidth securitization instrument without human intervention, based on the estimated demand for the first component bandwidth resource unit.
Claim 7
Dependent Claim
17 words
The method of claim 4 , wherein the bandwidth securitization instrument is a cryptographically secure computer record.
Claim 8
Dependent Claim
128 words
An electronic method of assigning a value to a bandwidth securitization instrument, comprising the steps of: dividing a total bandwidth resource into a plurality of component bandwidth resource units; representing a first component bandwidth resource unit with the bandwidth securitization instrument; receiving a minimum standard price associated with the first component bandwidth resource unit; estimating a convenience premium for the bandwidth security instrument with respect to the minimum standard price; determining an exercise period for the bandwidth security instrument corresponding to a time during which the first component bandwidth resource may be used; and assigning a value to the bandwidth securitization instrument at an electronic market system based on the received minimum standard price, the estimated convenience premium, the determined probability of failure and the determined exercise period.
Claim 9
Dependent Claim
128 words
An electronic method of assigning a value to a bandwidth securitization instrument, comprising the steps of: dividing a total bandwidth resource into a plurality of component bandwidth resource units; representing a first component bandwidth resource unit with the bandwidth securitization instrument; receiving a minimum standard price associated with the first component bandwidth resource unit; estimating a convenience premium for the bandwidth security instrument with respect to the minimum standard price; determining an exercise period for the bandwidth security instrument corresponding to a time during which the first component bandwidth resource may be used; and assigning a value to the bandwidth securitization instrument at an electronic market system based on the received minimum standard price, the estimated convenience premium, the determined probability of failure and the determined exercise period.
Claim 10
Dependent Claim
57 words
The method of claim 6 , wherein said step of assigning a value is performed according to the equation: V =(1− Pf )( VI+VT+VC ), where V represents the value, Pf represents the probability of failure, VI represents the minimum standard price, VT is a value associated with the exercise period and VC represents a convenience premium.
Claim 11
Dependent Claim
17 words
The method of claim 6 , wherein the bandwidth securitization instrument is a cryptographically secure computer record.