New Regulatory Coalition Announces Blockchain Patent for Consumer Monetization System

The Better World Regulatory Coalition Inc., a newly formed international self-regulatory organization, has announced the publication of a groundbreaking PCT patent pending and the seating of its founding Board of Advisors. The patent, entitled "Method and System for Monetizing the Consumption of Goods and Services Using Blockchain Contracts and CETEs," aims to empower business entities with innovative technological tools that promote fierce loyalties among consumers while enabling consumers to monetize their consumption of goods and services as rewards for driving the real economy.

The publication of this patent signifies a major step toward building a scalable minimum viable digital infrastructure to demonstrate its feasibility in supporting multiple National Autonomous Economies SaaS Testbeds. This project is currently under consideration for funding by the National Science Foundation, indicating the potential significance of this technological advancement. The system represents a novel approach to consumer economics, where everyday purchases can generate tangible financial benefits for consumers through blockchain-based reward mechanisms.

In tandem with this technological development, the organization has seated its founding Board of Advisors, comprising business professionals and thought leaders from various sectors. This diverse group will guide BWRCI in helping fintech empower everyday people to be recognized and compensated for the significant contributions they make to economies worldwide without speculation. The advisory board's composition reflects the interdisciplinary nature of this initiative, bringing together expertise from technology, finance, regulation, and social impact sectors.

Max Bruce, founder of the organization, stated that their vision is to foster an environment where technology and social responsibility intersect. With the launch of BWRCI and the newly published patent, they are positioned to lead transformative change that empowers communities and promotes economic growth and inclusion. The organization has utilized artificial intelligence's ideation and discourse power throughout the development process, with rigorous AI analysis confirming that their venture represents an ambitious goal that could have profound positive impacts on the well-being of people worldwide if realized.

BWRCI will actively engage with stakeholders, regulators, and the public to ensure its efforts are grounded in collaboration and transparency. The organization serves as the non-governmental, not-for-profit authority overseeing the operations of DIGIPIE International PBC, the Consumers Earned Token Exchange Inc., and their international iterations. For more information about this initiative, visit https://bwrci.org.