WO2014140685A1

WO2014140685A1 - Unit bank guarantee & credit guarantee circulation & management platform

Info

Publication number: WO2014140685A1
Application number: PCT/IB2013/051874
Authority: WO
Inventors: Yogesh Chunilal Rathod
Original assignee: Individual
Current assignee: Individual
Priority date: 2013-03-09
Filing date: 2013-03-09
Publication date: 2014-09-18
Anticipated expiration: 2015-09-09

Abstract

Defining, unitizing, denominating & dematerializing, storing, circulating & managing Bank Guarantee right(s) or contract(s) and enabling Unit Bank Guarantee & Credit Guarantee Circulation & Management Platform or Network is disclosed for enabling to searching, matching, filtering, selecting, inviting & requesting provider and/or consumer of unitize Bank Guarantee right(s) or contract(s) and enabling to sending, receiving, re-storing, circulating, transferring, re- transferring, synchronizing, updating, presenting, publishing, accessing, using, consuming, viewing details, monitoring, tracking, mapping, logging, storing, presenting & viewing details of consumption, each transfer & re-transfer including identity & name of transferor & transferee, number of unitize Bank Guarantee right(s) or contract(s) transferred, details of each transaction, event, activity & action, accounting, auditing, metering, payments, billing, reporting, notifying & managing one or more unitize Bank Guarantee right(s) or contract(s).

Description

TITLE

Unit Bank Guarantee & Credit Guarantee Circulation & Management Platform COPYRIGHT INFORMATION

A portion of the disclosure of this patent document contains material that is subject to copyright protection. The copyright owner has no objection to the facsimile reproduction by anyone of the patent document or the patent disclosure, as it appears in the Patent and Trademark Office patent file, but otherwise reserves all copyright Right whatsoever. The applicant acknowledges the respective Right of various Intellectual property owners.

FIELD OF INVENTION The present invention relates generally to send, receive, transfer, update, present, consume, use, access, monitor, log or track, transact, report & manage Unit Bank Guarantee (UBG) Right or Unit Credit Guarantee (UBG) Right.

BACKGROUND OF THE INVENTION

The present invention relates to a creating, defining, describing, legalizing, standardizing, convert into denomination of bank guarantee in the form of Unit Bank Guarantee (UBG) Right and enables users to store, send, receive, transfer, circulate, update, present, consume, use, access, monitor, log or track, transact, report & manage Unit Bank Guarantee (UBG) Right. Each Unit Bank Guarantee (UBG) Right contains standardized right and value.

Each Unit Bank Guarantee (UBG) Right may conditional, unconditional, transferable or transmissible, non-transferable, divisible or fractionable or denominatable or denominable, non- divisible, assignable, have associate or auto or manually or remotely updated obligation to payment within particular period or pay particular number of installments within particular duration, have associate or auto or manually or remotely updated contact agreements, privacy settings, preferences, privacy policies, terms & conditions, promise to pay, letters of credit, various contract agreements, have associate or auto or manually or remotely updated unique global identity, description, conditions, rules, Bank Guarantee number, applicant, applicant bank, Cash Collateral Account, Guarantee Servicing Account, Guarantee Payment Account, reason, owner(s) id, details & profile, issued bank id, details & profile, amount, validity, currency code, name & type, location, digital signature, certificate, issued date, maturity date, expiration date, account number, Unit Bank Guarantee (UBG) Right including Right of using Bank Guarantee for receiving, applying, demanding, borrowing, debiting, crediting, transferring, gifting, donating, depositing, paying and requesting one or more Unit Bank Guarantee (UBG) Right associate value in the form of money, cash, credits, credit line, revolving credit, virtual currencies, goods or products & services from one or more providers of funds, loans, cash, credits, credit line, revolving credit, products & services including banks, sellers, online and/or offline merchants.

Each Unit Bank Guarantee (UBG) Right can Transferred from/to/within/among networks, platforms, web sites, applications, services, banks, systems, devices & persons like money & digital currencies and server can monitors, tracks, logs, & stores while each transfer information about each or one or more or group(s) of Unit Bank Guarantee (UBG) Right associate transferor, transferee, bank, beneficiary, transaction details, account details including payments, repayments, installments, interest. Server can data mine, process & notify, report, & present said relevant logged & stored data to principal or owner of Unit Bank Guarantee (UBG) Rights, Transferor, Transferee, Platform, Administrator, User, Beneficiary & Provider of Funds, Loans, Cash, Credits, Credit Line, Revolving Credit, Products & Services.

The global market for Bank Guarantee rights is very huge and accounted for trillions of dollar value and has potential of trillions more.

Currently, there is no standard, law, system of Unitize Bank Guarantee (UBG) Right. Currently, also there is no centralized server(s) who maintains Unitize Bank Guarantee (UBG) Rights and enables easily circulation, transferring, accounting of Unitize Bank Guarantee (UBG) Rights and provides one or more networks, systems, applications, services, platform, frameworks, exchanges, marketplaces for carrying out the management of Unitize Bank Guarantee (UBG) Rights. At present a Bank Guarantee owner desiring applying, receiving, issuing & managing Bank Guarantee may take weeks, or even months before any Bank Guarantee received, consumed, transferred & issued and it is expensive and time consuming tedious process. Bank Guarantee principal or owner cannot easily search, match, provide, transfer, manage, and account Bank Guarantee to 3rd parties. Borrower, consumer or user cannot easily search, request & gets Bank Guarantee for their various needs.

Presently, there is no convenient, centralized Unitize Bank Guarantee (UBG) Rights server, network, platform & marketplace for circulating, transferring, issuing, sending, receiving & managing Unitize Bank Guarantee (UBG) rights. Accordingly, there is a need for a centralized Unitize Bank Guarantee (UBG) Rights server, network, platform & marketplace and a method of circulating, transferring, issuing, sending, receiving & managing Unitize Bank Guarantee (UBG) rights in an expeditious manner.

Therefore, it is with respect to these considerations and others that the present invention has been made. OBJECT OF THE INVENTION

Main objective of the present invention is to creating, defining, describing, legalizing, standardizing, convert into lowest or defined denomination of bank guarantee or credit guarantee in the form of Unitize Bank Guarantee or Credit Guarantee (UCG) Right and enables users to store, send, receive, transfer, circulate, update, present, consume, use, access, monitor, log or track, transact, report & manage Unit Bank Guarantee (UBG) Right.

Primary objective of the present invention is to dematerialization (DEMAT) or electronic or digital recording of Bank Guaranteed and any other types of Credit Guaranteed paper and enable to register, create, operate, & manage Unit Bank Guarantee (UBG) Right account(s) for depositing, debiting or crediting expired Unit Bank Guarantee (UBG) Rights, depositing transferring, transferring to one or more accounts of one or roe networks, re- transferring, updating, calculating, debiting, crediting, consuming, spending, using, accessing, paying fees, interest, commission & charges to guarantor or guarantor bank, monitoring, tracking & storing one or more Unit Bank Guarantee (UBG) Rights related transactions, actions, & activities, repayment of received or used credits in exchange of Unit Bank Guarantee (UBG) Right(s), viewing account, reports, notification. Other objective of the present invention is to make complete or one or more steps of bank guarantee procedure, process, steps, workflow digital or electronic or online or wizard based, automated and/or partial automated with human or administrator(s) intervention including registering, consulting, applying, uploading or downloading documents, reviewing, evaluating, verifying, validating, processing, send or receive a guarantee offer, send or receive sign guarantee offer, collaboratively defining, drafting documents specifications, inputting online pre- created forms, contracts or agreements or deeds or certificate, negotiating, accepting teams & conditions & singing or digitally singing documents or contracts, opening accounts, confirming, issuing, paying fees or charges, permitting, ordering, advising, referring, transferring, re- transferring, re-approval for re-transfer, storing, circulating, updating, receiving permission, delivery, dividing or unitizing, dematerializing, transacting, consuming, using, receiving & repaying funds, loans, cash, credits, credit line, revolving credit, virtual currencies, goods or products & services, applications etc. based on unitize Bank Guarantee (UBG) Rights, settling, claiming, monitoring, tracking, recording, logging, accounting, metering, billing, supporting, viewing Unit Bank Guarantee (UBG) Rights balances, viewing recent transactions, viewing statements, credit rating or scoring, notifying, reporting & managing of bank guarantee and/or unitize bank guarantee or credit guarantee and searching, matching, filtering, inviting & requesting for bank guarantee and/or unitize bank guarantee or credit guarantee.

Other objective of the present invention is to enable social network(s) of account holder of Unit Bank Guarantee (UBG) Rights and facilitates to create, edit & manage profile, search, match, select, import, export, invite, sent request, accept invitation and add connections or contacts from one or more networks, applications, services, databases, & devices, search, match, select, request, communicate & negotiate with providers of Unit Bank Guarantee (UBG) Rights, enable to publish requirement for finding or matching provider of Unit Bank Guarantee (UBG) Rights, provider of Unit Bank Guarantee (UBG) Rights is enabled to search, match, analyze public data of account holders of Unit Bank Guarantee (UBG) Rights for searching, matching, inviting account holders or users of one or more Unit Bank Guarantee (UBG) Rights' networks, platforms, servers, databases, applications, services & devices for providing Unit Bank

Guarantee (UBG) Rights, enable account holder or holder of Unit Bank Guarantee (UBG) Rights to search, match, select, request Provider(s) of Funds, Loans, Cash, Virtual Currencies, Products & Services based on Unit Bank Guarantee (UBG) Rights for purchasing products & services, receive credits, cash & loans in exchange of Unit Bank Guarantee (UBG) Rights or use services of Provider(s) of Funds, Loans, Cash, Virtual Currencies, Products & Services based on Unit Bank Guarantee (UBG) Rights for applying, selecting, confirming purchase of products & services, receive cash, credits & loans via new innovative payment mode as Unit Bank

Guarantee (UBG) Rights, enable Provider(s) of Funds, Loans, Cash, Virtual Currencies, Products & Services based on Unit Bank Guarantee (UBG) Rights to issue periodic statements indicating amount of installments, interest, charges, fees & commission for receiving payments from borrower, who purchased products & services, received cash, credits & loans in exchange of Unit Bank Guarantee (UBG) Rights. In one embodiment present invention also creates social graph and monitoring, tracking & storing information about connections, transactions, events, interactions, debiting, crediting, activities, actions between or among edges including account holders of Unit Bank Guarantee (UBG) Rights and Unit Bank Guarantee (UBG) Rights. Social network of account holders or users of Unit Bank Guarantee (UBG) Rights also create & present directories of Providers of Unit Bank Guarantee (UBG) Rights, Prospective users of Unit Bank Guarantee (UBG) Rights, Provider(s) of Funds, Loans, Cash, Virtual Currencies, Products & Services based on or in exchange of Unit Bank Guarantee (UBG) Rights. SUMMARY OF THE INVENTION

In accordance with one aspect of the present invention, a computerized Unit Bank Guarantee (UBG) Right global centralize server, platform, network, exchange, system, application, service is disclosed for facilitating the defining, standardizing, legalizing, storing, sending, receiving, circulating, transferring, accessing, consuming or using, trading, monitoring, tracking, accounting, & managing of one or more Unit Bank Guarantee (UBG) rights and searching, matching, requesting, inviting users for providing & transferring Unit Bank Guarantee (UBG) Rights. The computerized server, platform, network, exchange, system, application, service includes at least one unitized Bank Guarantee (UBG) Right relating to insuring particular amount of monitory value rights, and a computer-accessible forum configured to allow a plurality of participants to apply, issue, define, denominate, store, update, order, advice, send, receive, transfer, share, publish, present, synchronize, sell, trade, donate, gift, access, consume, use, notify, account, report, monitor, track, log & mange the unitized Bank Guarantee (UBG) right or contract. The plurality of participants includes at least one Unit Bank Guarantee (UBG) rights principal or owner having the unitized Unitize Bank Guarantee (UBG) rights or contract and desiring to search, match, determine, select, invite, request & find receiver or consumer or user or borrower of Unit Bank Guarantee (UBG) rights and provide, transfer, assign & manage the unitized Unit Bank Guarantee (UBG) rights. The plurality of participants also includes at least one receiver or consumer or user or borrowers of unitize Bank Guarantee (UBG) rights desiring to obtain the unitized Bank Guarantee (UBG) rights.

In accordance with another aspect of the present invention, a method is disclosed for trading at least one unitized Bank Guarantee (UBG) right or contract relating to insuring associate value and right to get or access fund, cash, credits, credit line, revolving credit & amount rights by a principal or owner of the unitized Bank Guarantee (UBG) right or contract to at least one consumer or user, or borrower or buyer or receiver of Unit Bank Guarantee (UBG) rights through a computerized unitized Bank Guarantee (UBG) rights platform, network, marketplace, exchange, server, application, service & system. The method includes the steps of: storing in a computerized storage device information describing the principal or owner of unitized Bank

Guarantee (UBG) rights providing & listing the unitized Bank Guarantee (UBG) right or contract on the computerized unitized Bank Guarantee (UBG) rights platform, network, marketplace, exchange, server, application, service & system, storing in a computerized storage device information describing the consumer or user, or borrower or buyer or receiver of unitize Bank Guarantee (UBG) right or contract using, accessing, consuming, receiving & purchasing the unitize Bank Guarantee (UBG) right or contract through the computerized platform, network, marketplace, exchange, server, application, service & system, and processing in a

microprocessor the accounting, monitoring, tracking, logging, recording, storing, processing, synchronizing, consuming, accessing of the received by the user or consumer or borrower of the Bank Guarantee (UBG) right or contract.

DETAILED DESCRIPTION OF THE INVENTION

The present invention now will be described more fully hereinafter with reference to the accompanying drawings, which form a part hereof, and which show, by way of illustration, specific exemplary embodiments by which the invention may be practiced. This invention may, however, be embodied in many different forms and should not be construed as limited to the embodiments set forth herein; rather, these embodiments are provided so that this disclosure will be thorough and complete, and will fully convey the scope of the invention to those skilled in the art. Among other things, the present invention may be embodied as methods or devices.

Accordingly, the present invention may take the form of an entirely hardware embodiment, an entirely software embodiment or an embodiment combining software and hardware aspects. The following detailed description is, therefore, not to be taken in a limiting sense.

Throughout the specification and claims, the following terms take the meanings explicitly associated herein, unless the context clearly dictates otherwise. The phrase "in one embodiment" as used herein does not necessarily refer to the same embodiment, though it may. Furthermore, the phrase "in another embodiment" as used herein does not necessarily refer to a different embodiment, although it may. Thus, as described below, various embodiments of the invention may be readily combined, without departing from the scope or spirit of the invention.

In addition, as used herein, the term "or" is an inclusive "or" operator, and is equivalent to the term "and/or," unless the context clearly dictates otherwise. The term "based on" is not exclusive and allows for being based on additional factors not described, unless the context clearly dictates otherwise. In addition, throughout the specification, the meaning of "a," "an," and "the" include plural references. The meaning of "in" includes "in" and "on."

In accordance with one aspect of the present invention, a computerized Unit Bank Guarantee & Credit Guarantee Circulation & Management platform, network, system, database, device, application, service is disclosed for facilitating the preparing & define, unitizing, denominating & dematerializing, maintaining or storing the Bank Guarantee right(s) or contract(s), enabling the Unit Bank Guarantee (UBG) Rights Guarantor(s) or Owner(s) or Provider(s) to searching, matching, filtering, selecting, inviting & requesting provider and/or consumer of unitize Bank Guarantee right(s) or contract(s) and enabling Unit Bank Guarantee (UBG) Rights Guarantor(s) or Owner(s) or Provider(s) and/or Member of Network or Platform or Unit Bank Guarantee (UBG) Rights User Account or Consumer or Group(s) of User(s) or Re-Transferor(s) to sending, receiving, re-storing, circulating, transferring, re-transferring, synchronizing, updating, presenting, publishing, accessing, using, consuming, viewing details, accounting, auditing, metering, payments, billing, reporting, notifying & managing one or more unitize Bank

Guarantee right(s) or contract(s). The computerized platform, network, system, database, device, application, service includes at least one Unit Bank Guarantee (UBG) Rights relating to any types of Bank Guarantee and/or Credit Guarantee right(s) , and a computer-accessible medium configured to allow a plurality of participants to register, send, receive, synchronize, transfer, re- transfer, store, circulate, update, download, upload, assign, select, search, match of Unit Bank Guarantee (UBG) Rights and monitor, track, log, account, audit, bill, notify, & report access, use & consumption of Unit Bank Guarantee (UBG) Rights. The plurality of participants includes at least one provider of Unit Bank Guarantee (UBG) Rights having at least one Unit Bank

Guarantee (UBG) Rights and desiring to transfer Unit Bank Guarantee (UBG) Rights. The plurality of participants also includes at least one Recipient or User or Consumer of Unit Bank Guarantee (UBG) Rights desiring to obtain, receive, request to provide, re-transfer, share, circulate, access, use, consume, tack, monitor, log, account, audit & manage own or transferred Unit Bank Guarantee (UBG) Rights.

Following are descriptions of key elements of a Unit Bank Guarantee & Credit Guarantee Circulation & Management platform, network, application, service, device, database and global network in accordance with one or more embodiments of the present invention. A Unit Bank Guarantee & Credit Guarantee Circulation & Management platform, network, application, service, device, database and global network may have some or all of these elements, as well as any additional elements necessary for the setup, execution, and daily operation of a Unit Bank Guarantee & Credit Guarantee Circulation & Management platform, network, application, service, device, database and global network.

In one embodiment Key Fundamentals of a Unit Bank Guarantee & Credit Guarantee Circulation & Management platform, network, application, service, device, database and global network: Unit Bank Guarantee (UBG) Right or Unitize Credit Guarantee (UCG) Right: is a defined, unitize, portable, denominated & dematerialize or digital or data record form of Bank Guarantee or Credit Guarantee agreement, deed & contact and can digitally or electronically store, update, search, match, select, transfer, assign, synchronize, publish, present, send, receive, circulate, access, use, consume, monitor, track, account, audit, manage, in-cash, act as payment method, act as medium of exchange for buying of products & services, receiving loans, credits, payment of bills. In another embodiment Unitize Bank Guarantee right(s) or contract(s) comprises associated or auto or manually or remotely updated obligation to payment within particular period or pay particular number of installments within particular duration, associated or auto or manually or remotely updated contact agreements, privacy settings, preferences, privacy policies, terms & conditions, promise to pay, letters of credit, various contract agreements, associated or auto or manually or remotely updated unique global identity, description, conditions, rules, Bank Guarantee number, applicant, applicant bank, reason, owner(s) id, details & profile, issued bank id, details & profile, amount, validity, currency code, name & type, location, digital signature, certificate, issued date, maturity date, expiration date, account number, guarantee types, list of verified collateral for guarantee, Unit Bank Guarantee (UBG) Right including Right of using

Bank Guarantee for receiving, applying, demanding, borrowing, debiting, crediting, transferring, gifting, donating, depositing, paying and requesting one or more Unit Bank Guarantee (UBG) Right associate value in the form of money, cash, virtual currencies, goods or products & services from one or more providers of funds, loans, cash, products & services including banks, sellers, online and/or offline merchants. In another embodiment unitize Bank Guarantee right(s) or contract(s) may conditional, unconditional, transferable or transmissible, non-transferable, divisible, fractionable, denominable, non-divisible, assignable. In another embodiment unitize Bank Guarantee right(s) or contract(s) to circulate, synchronize, store, update & transfer from/to/within/among one or more networks, platforms, web sites, applications, services, databases, banks, systems, devices & persons similar to money & digital currencies. Electronic Unit Bank Guarantee (UBG) Rights is exchanged electronically. This involves the use of computer networks, the internet and digital stored value systems. In another embodiment Unit Bank Guarantee (UBG) Right or Unitize Credit Guarantee (UCG) Right can be in paper or physical form. In another embodiment Unit Bank Guarantee (UBG) Right or Unitize Credit Guarantee (UCG) Right can be in multimedia form including text, database record, XML, link, image or photo, voice, video or visual presentation, one or more types of file or document, translated in one or more language(s), object and any types of digital representation.

Unit Bank Guarantee (UBG) Rights Guarantor(s) or Owner(s) or Provider(s): A person who is owner & provider of Unit Bank Guarantee (UBG) Rights and binds himself/herself by an agreement with a banker or other creditor to be responsible for paying the debt of another person if the latter fails to pay when the debt is due. Unit Bank Guarantee (UBG) Rights Guarantor(s) or Owner(s) or Provider(s) can receive, store, order, monitor, track, manage account & mange Unit Bank Guarantee (UBG) Rights and transfer, store, synchronize one or more Unit Bank Guarantee (UBG) Rights to one or more users, group(s) of users, members, consumers, re-transferor & any types of entities of one or more networks, platforms, servers, databases, devices, applications, services, web services, web sites, portals.

Bank Guarantee or Credit Guarantee or Credit Insurance: A guarantee from a lending institution ensuring that the liabilities of a debtor will be met. In other words, if the debtor fails to settle a debt, the bank will cover it. A bank guarantee enables the customer (debtor) to acquire goods, buy equipment, or draw down loans, and thereby expand business activity. A "bank guarantee" ("BG") is a debt instrument created by banks which carries a predefined face value, date of maturity, and annual interest rate. For example, you could have a 1 year note from UBS with a face value of 100M, collecting a coupon (interest) of 6.0% per year. If the investor was to purchase this "BG" from the right seller, they could get the bank instrument at a discount from face. Depending on the standards and risk tolerance of the investor, they will usually pay 70- 95% of the instrument's face value to own the note. Once the investor officially owns the bank guarantee, they collect the 6% annual interest, and the full value of the instrument upon maturity. Even though bank guarantees have similar characteristics to other debt instruments, they are unique due to their high value, flexibility, resale potential, and discount. Typically, investors purchase bank guarantees to collect interest, and in many cases, they use the "BG" as collateral for loans and other opportunities. The great thing is, this allows the investor to earn interest with minimal risk, while still retaining access to liquidity. Though the "BG" sounds like a good asset to hold, in most cases, bank guarantees are traded repeatedly until the market value nears "face". Since trading these notes can produce much quicker profits, many have now jumped on the private placement bandwagon, aiming for the highest yields possible. Credit guarantee is the guarantee that often provides for a specific remedy to creditor if his debtor does not return his debt. For getting credit guarantee facility, creditor can take credit insurance policy for covering the risk of bad debt under risk management. Credit guarantee is very helpful to avoid the fear of non-payment. In case customer becomes insolvent or bankrupt, creditor can demand same amount from the company who gave credit guarantee.

Guarantor or Issuing Bank: The bank that issues the guarantee and preparing & define, issuing, validating, unitizing, denominating & dematerializing and storing Bank Guarantee right(s) or contract(s).

Provider(s) of Funds, Loans, Cash, Virtual Currencies, Credit Limits, Credit Lines, Resolving Credits, Products & Services, Applications etc. based on Unit Bank Guarantee (UBG) Rights or Beneficiary: can provide money, cash, credits, credit line, revolving credit, make payments, virtual currencies, goods or products & services based on installments, particular duration & amounts of re-payments, additional payment of fees, charges & interest of credit, cash & loan in exchange of Unit Bank Guarantee (UBG) Rights. Member of Unit Bank Guarantee (UBG) Rights Network, Platform, Web Site, Application, Service, Database, Device, Server or Unit Bank Guarantee (UBG) Rights User Account or Holder or User or Consumer or Group(s) of User(s) or Re-Transferor(s): is receiver, re- transferor, consumer, holder & user of Unit Bank Guarantee (UBG) Rights and enabled to receive money, cash, credits, credit line, revolving credit, make payments, virtual currencies, goods or products & services based on installments, particular duration & amounts of repayments, additional payment of fees, charges & interest of credit, cash & loan in exchange of Unit Bank Guarantee (UBG) Rights and enabled to view, access & mange Transferred Unit Bank Guarantee (UBG) Rights accounts, re -payment of credit accounts, user profile, user data, user connections or social graph and social networks.

Unit Bank Guarantee (UBG) Rights Platform or Network Server(s) & Database(s): One or more networks, platforms, web sites, portals, databases, servers, devices, applications, objects, services can independently works and/or register with Global Unique Unit Bank Guarantee (UBG) Rights Server to enabling participants to searching, matching, filtering, selecting, inviting & requesting provider and/or consumer of unitize Bank Guarantee right(s) or contract(s) and enabling to sending, receiving, re-storing, circulating, transferring, re-transferring, synchronizing, updating, presenting, publishing, accessing, using, consuming, viewing details, accounting, auditing, metering, payments, billing, reporting, notifying & managing one or more unitize Bank

Guarantee right(s) or contract(s).

Global Unit Bank Guarantee (UBG) Rights Server: is centralize database of unique Unit Bank Guarantee (UBG) Rights and enables participants to register, store, access, request, search, match, transfer, update, circulate, assign, and synchronize Unit Bank Guarantee (UBG) Rights from/to one or more Unit Bank Guarantee (UBG) Rights networks, platforms, web sites, web pages, portals, databases, servers, devices, applications, objects, services, user accounts, user profile and any types of digital or electronic sources and/or destinations.

In one embodiment of present invention a method of unitizing, circulating, storing, depositing, transferring and consuming or using unitize Bank Guarantee right(s) or contract(s) comprising: enabling to preparing & define, unitizing, denominating & dematerializing Bank Guarantee right(s) or contract(s); maintaining or storing unitize Bank Guarantee right(s) or contract(s) with unique identity and information; and enabling to searching, matching, filtering, selecting, inviting & requesting provider and/or consumer of unitize Bank Guarantee right(s) or contract(s) and enabling to sending, receiving, depositing, re-storing, circulating, transferring, re- transferring, synchronizing, updating, presenting, publishing, accessing, using, consuming, viewing account details, maintaining account, auditing, metering, billing, re -payments of credits, reporting & notifying depositing, transferring & consuming & managing one or more unitize Bank Guarantee right(s) or contract(s). In another embodiment unitize Bank Guarantee right(s) or contract(s) comprises one or more types of credit guarantee.

In another embodiment sender, receiver, holder, consumer & user of unitize Bank Guarantee right(s) or contract(s) comprises user, user account, group(s) of user(s), company, bank, financial institution, service provider, provider or seller of products & services, network, web site, application, service, database, device, server and one any types of entities.

In another embodiment enabling to receive cash in exchange of unitize Bank Guarantee right(s) or contract(s).

In accordance with another embodiment of present invention enabling to receive credit or credits line or credit limits in exchange of unitize Bank Guarantee right(s) or contract(s).

In yet another embodiment enabling to purchase products & services in exchange of unitize Bank Guarantee right(s) or contract(s).

In another embodiment enabling to receive loan in exchange of unitize Bank Guarantee right(s) or contract(s). In another embodiment enabling to use unitize Bank Guarantee right(s) or contract(s) as payment method.

In another important embodiment enabling to circulate unitize Bank Guarantee right(s) or contract(s) similar to money or digital money. In yet another very important embodiment enabling to use unitize Bank Guarantee right(s) or contract(s) for re-payment of loan, contract fulfillment, advance payment and payment for goods & service delivered. In another embodiment enabling to use unitize Bank Guarantee right(s) or contract(s) as equivalent to money or digital money.

In another embodiment monitoring, tracking, mapping, storing & maintaining path & details of transfer of each unitize Bank Guarantee right(s) or contract(s).

In another embodiment monitoring, tracking, mapping, logging, storing, presenting & viewing details of consumption, each transfer & re-transfer including identity & name of transferor & transferee, number of unitize Bank Guarantee right(s) or contract(s) transferred, details of each transaction, event, activity & action.

In another embodiment enabling unitize Bank Guarantee right(s) or contract(s) to circulate, synchronize, store, update & transfer from/to/within/via/among one or more networks, platforms, web sites, applications, services, databases, servers, banks, systems, devices, user accounts, user profiles & persons in digital as well as paper form.

In another embodiment notifying or reporting or presenting details of each transfer by each transferor to each transferee.

In another embodiment notifying or reporting or presenting details of each transfer by each transferor to each transferee via email, SMS, instant message, web page, user profile, & user account.

In another embodiment enabling guarantor or issuing bank and/or guarantor and/or platform, network, web site and/or beneficiary and/or 3rd parties service provider(s) and/or holder or user to check, verify, digitally sign, update & digitally approve said at least one unitize Bank

Guarantee right(s) or contract(s) to certify compliance with said at least one requirement of listing, storing, circulating, transferring, using, consuming, accessing, & converting into money or cash, purchasing of products & services on or via said platform or network. In another embodiment enabling to preparing & defining, unitizing, denominating & dematerializing Bank Guarantee right(s) or contract(s) from paper forms into digital or electronic forms. In another embodiment enable to make complete or one or more steps of bank guarantee procedure, process, steps, workflow digital or electronic or online or wizard based, automated and/or partial automated with human or administrator(s) intervention.

In another embodiment steps or process or workflow comprises registering, consulting, applying, uploading or downloading documents, reviewing, evaluating, verifying, validating, processing, send or receive a guarantee offer, send or receive sign guarantee offer,

collaboratively defining, drafting documents specifications, inputting online pre-created forms, contracts or agreements or deeds or certificate, negotiating, accepting teams & conditions & signing or digitally signing documents or contracts, opening accounts, confirming, issuing, paying fees or charges, permitting, ordering, advising, referring, transferring, re-transferring, re- approval for re-transfer, storing, circulating, updating, receiving permission, delivery, dividing or unitizing, dematerializing, transacting, consuming, using, receiving & repaying funds, loans, cash, virtual currencies, goods or products & services, applications etc. based on unitize Bank Guarantee (UBG) Rights, settling, claiming, monitoring, tracking, recording, logging, accounting, metering, billing, supporting, viewing Unit Bank Guarantee (UBG) Rights balances, viewing recent transactions, viewing statements, credit rating or scoring, notifying, reporting & managing of bank guarantee and/or unitize bank guarantee or credit guarantee and searching, matching, filtering, inviting & requesting for bank guarantee and/or unitize bank guarantee or credit guarantee.

In another embodiment unitize Bank Guarantee right(s) or contract(s) comprising conditional, unconditional, transferable or transmissible, non-transferable, divisible or fractionable or denominatable or denominable, non-divisible, assignable unitize Bank Guarantee right(s) or contract(s).

In another embodiment unitize Bank Guarantee right(s) or contract(s) comprises associated or auto or manually or remotely updated obligation to payment within particular period or pay particular number of installments within particular duration, associated or auto or manually or remotely updated contact agreements, privacy settings, preferences, privacy policies, terms & conditions, promise to pay, letters of credit, various contract agreements, associated or auto or manually or remotely updated unique global identity, description, conditions, rules, Bank Guarantee number, applicant, applicant bank, reason, owner(s) id, details & profile, issued bank id, details & profile, amount, validity, currency code, name & type, location, digital signature, certificate, issued date, maturity date, expiration date, account number, Unit Bank Guarantee (UBG) Right including Right of using Bank Guarantee for receiving, applying, demanding, borrowing, debiting, crediting, transferring, gifting, donating, depositing, paying and requesting one or more Unit Bank Guarantee (UBG) Right associate value in the form of money, cash, virtual currencies, goods or products & services from one or more providers of funds, loans, cash, products & services including banks, sellers, online and/or offline merchants.

In another embodiment monitoring, tracking, logging and storing information about each transfer of unitize Bank Guarantee right(s) or contract(s) and details about associate transferor, transferee, bank, beneficiary, transaction details, account details including payments, repayments, installments, interest.

In another embodiment enabling to data mine, process & notify, report, & present said relevant logged & stored data to principal or owner of Unit Bank Guarantee (UBG) Rights, Transferor, Transferee, Platform, Administrator, User, Beneficiary & Provider of Funds, Loans, Cash, Products & Services.

In another embodiment monitoring, tracking, logging and storing credit rating & scoring of consumer, user, holder, transferor and transferee of unitize Bank Guarantee right(s) or contract(s). In another embodiment said credit rating & scoring are based on timely payment or repayment of loans, withdrawal, installments, cash, interest, charges, fees, commissions, using of unitize Bank Guarantee right(s) or contract(s) including transfer & refer to other users, purchasing of products & services & utilizing unitize Bank Guarantee right(s) or contract(s) for generating revenue, earning income, get training, education & qualification, business growth, research &

development, fulfilling needs, maintain health, managing tasks & workflow.

In another embodiment said regulation of transferring and/or utilizing said unitize Bank

Guarantee right(s) or contract(s) provide enforcement, transfer, reporting, provide for a specific duration of use of said unitize Bank Guarantee right(s). In another embodiment charging of fixed or variable fees based on per Unit Bank Guarantee (UBG) Rights or total amount of or percentage of value of Unit Bank Guarantee (UBG) Rights deposited and/or transferred and/or used or consumed. In another embodiment enable to crediting the expired Unit Bank Guarantee (UBG) Rights with the account of Unit Bank Guarantee (UBG) Rights.

In another embodiment Unit Bank Guarantee (UBG) Rights of owner have expire date or duration limit of use (e.g. 5 years) and have rights to transfer particular number of Unit Bank Guarantee (UBG) Rights for particular duration to first transferee and first transferee have rights to further transfer particular number of Unit Bank Guarantee (UBG) Rights for particular duration to second or consecutive transferee. System credits the expired Unit Bank Guarantee (UBG) Rights with the account of holder of Unit Bank Guarantee (UBG) Rights and debits the account of provider of Unit Bank Guarantee (UBG) Rights.

In another embodiment original owner or guarantor of Unit Bank Guarantee (UBG) Rights can replace or transfer or assign complete rights to other user or entity.

In another embodiment Unit Bank Guarantee (UBG) Rights networks, platforms, applications, services & web sites can be in multi language or localization/globalization enabled, various countries currency types & date and time enabled.

In another embodiment one or more Unit Bank Guarantee (UBG) Rights have joint ownership. In another embodiment original owner or guarantor of Unit Bank Guarantee (UBG) Rights has right to the information on the outstanding balance of the account of the borrower with the financial institution subject to the borrower's consent.

In another embodiment original owner or guarantor of Unit Bank Guarantee (UBG) Rights has right to call upon the borrower to pay off the loan to release owner from all liabilities under the guarantee. This right can be exercised at anytime and even before the financial institution has called upon the borrower to pay the debt. However, this right may be subject to the terms and conditions of the loan, which may vary from customer to customer. In another embodiment original owner or guarantor of Unit Bank Guarantee (UBG) Rights has the right to be indemnified by the borrower for any payment made to the financial institution. This means that owner can sue the borrower for the amount that owner have paid to the financial institution.

In another embodiment original owner or guarantor of Unit Bank Guarantee (UBG) Rights may be held liable for the liabilities of the borrower in accordance with the terms of the guarantee document. In another embodiment a guarantor can only be rendered liable under a guarantee if the borrower is in default of any payment to the financial institution and the financial institution makes a demand on the guarantor.

In another embodiment a guarantor is released from his obligations under a guarantee upon full payment of the debt owing to the financial institution. For a guarantee to be enforceable against the guarantor, the terms of a guarantee must be adhered to by the financial institution.

In another embodiment members to manage social network(s), group(s), user connections or contacts, social graph, profile, re-payments of credits provided by providers in exchange of Unit Bank Guarantee (UBG) Rights.

In another embodiment present invention can integrated with 3rd parties' networks, platforms, search, engines, e-commerce web sites, exchanges, web sites, web pages, applications, services, databases, & devices.

In another embodiment present invention can also enabled in manually & paper form and completely or partially digital or electronic form. In another embodiment paper form Unit Bank Guarantee (UBG) Rights can convert, transfer & deposit in dematerialize or digital form. BRIEF DESCRIPTION OF THE DRAWINGS

FIG. 1 shows the illustrative preferred embodiment of a Unit Bank Guarantee & Credit

Guarantee Circulation & Management Platform.

FIG. 2 shows the illustrative preferred modules of a Unit Bank Guarantee & Credit Guarantee Circulation & Management Platform. One or more modules are optional and execute in any order, concurrently or individually. FIG. 3-12 shows the illustrative preferred embodiment of a Unit Bank Guarantee & Credit Guarantee Circulation & Management Platform with examples.

DETAILED DESCRIPTION OF THE DRAWINGS The present invention will now be described more fully with reference to the Figures in which the preferred embodiment of the present invention is shown. The subject matter of this disclosure may, however, be embodied in many different forms and should not be construed as being limited to the embodiment set forth herein. In one embodiment Figure 1 describes the Unit Bank Guarantee & Credit Guarantee Circulation & Management Platform, Server, and Network. Present invention propose, suggest, invent & enables & provide system, application, method & interface to enables guarantor bank 101 i.e. the bank that issues the guarantee to define, create, and provide 110 dematerialized, standardized, legalized, denominated & unitize Bank Guarantee (UBG) & Credit Guarantee (CGB) right(s) or contact(s) to Unit Bank Guarantee (UBG) Rights Guarantor or Owner(s) or Provider(s) 105.

In one embodiment guarantor bank 101 can 102 store unitize Bank Guarantee (UBG) & Credit Guarantee (CGB) right(s) or contact(s) at 102 database(s) of 101 guarantor bank and/or database(s) of Unit Bank Guarantee (UBG) Rights Platform or Network 150 and/or database(s) of Global Unit Bank Guarantee (UBG) Rights 125 and/or database(s), device(s) & application(s) of Unit Bank Guarantee (UBG) Rights Guarantor or Owner(s) or Provider(s) 105 and/or one or more 3rd parties' database(s), device(s) & application(s).

In another embodiment Unit Bank Guarantee (UBG) Rights Requestor(s) and/or Guarantor(s) or Owner(s) or Provider(s) 105 and/or Guarantor Bank (that issues Unit Bank Guarantee (UBG) Rights) 101 and/or Provider(s) of Funds, Loans, Cash, Credits, Credit Line, Revolving Credit, Virtual Currencies, Products & Services, Applications etc. based on Unit Bank Guarantee (UBG) Rights 140 and/or Unit Bank Guarantee (UBG) Rights User or Consumer or Group(s) of User(s) or Provider(s) 130 & 145 can register with Unit Bank Guarantee (UBG) Rights Platform or Network 115 and/or Global Unit Bank Guarantee (UBG) Rights Server 120 and/or one or more networks, applications, services, devices, databases, servers, portals, web pages & web sites (not shown in figure 1) to enable Unit Bank Guarantee (UBG) Rights Requestor(s) and/or

Guarantor(s) or Owner(s) or Provider(s) 105 to consult with expert or guarantor bank for bank guarantee, submit or apply application or submit documents for bank guarantee, receive & store bank guarantee in the form of certificate, digital or electronic or dematerialize Unitize Bank

Guarantee or Credit Guarantee (UCG) Rights, order to issue Unit Bank Guarantee (UBG) Rights, store, transfer, circulate, share, update, use, access, present & provide Unitize Bank Guarantee or Credit Guarantee (UCG) Rights, enables Guarantor Bank (that issues Unit Bank Guarantee (UBG) Rights) 101 to receive bank guarantee application(s) & associate documents, review, investigate & evaluate each bank guarantee application & documents, make & sign contract(s), receive fees & payments and issue, advice, store & provide bank guarantee certificate and/or Unit Bank Guarantee (UBG) Rights, enables 130 Member of Unit Bank Guarantee (UBG) Rights Platform(s), Network(s), Application(s), Service(s), Server(s) & Web Site(s) or User or Consumer or Group(s) of User(s) or Re-Provider(s) of Unit Bank Guarantee (UBG) Rights to store, send, receive, re-transfer, re-share, circulate, update, present, consume, use, access, view associate accounts, billings, logs, activities, actions, events, transactions, behavior in the form of reports, statements, notifications & manage Unitize Bank Guarantee (UBG) Rights, enable 140 Provider(s) of Funds, Loans, Cash, Credits, Credit Line, Revolving Credit, Virtual Currencies, Products & Services, Applications etc. based on Unit Bank Guarantee (UBG) Rights to view, access, verify, validate Unitize Bank Guarantee (UBG) Rights and/or manually request 105 owner of Unitize Bank Guarantee (UBG) Rights to order 101 guarantor bank to issue bank guarantee and provide Funds, Loans, Cash, Credits, Credit Line, Revolving Credit, Virtual Currencies, Products & Services directly and/or indirectly via 3rd parties services, networks, applications, interfaces, databases, devices, web pages, web sites, platforms, profiles, & users to 130 Unit Bank Guarantee (UBG) Rights Member or User or Consumer.

In another embodiment application, service, device, database & interface is provided to 105 requestor(s) of Unit Bank Guarantee (UBG) Rights to get consultation, apply or submit application or request for bank guarantee and bank guarantee in the form Unitize Bank

Guarantee (UBG) Rights to 101 guarantor bank. In one embodiment 101 Guarantor Bank is also provided with one or more applications, services, devices, databases & interfaces to enable 101 Guarantor Bank to provide consulting, process submitted application, review, validate, verify, investigate & evaluate credit, define & create contract(s) or agreement(s) or deed(s), sign or digitally sign contract(s), receive fees and issue, store & provide guarantee certificate in the form of paper, digital file and/or in the form of Unitize Bank Guarantee (UBG) Rights 110 to 105 requestor(s) of Unit Bank Guarantee (UBG) Rights. Each 110 Unit Bank Guarantee (UBG) Right may conditional, unconditional,

transferable, non-transferable, have associate obligation to payment within particular period or pay particular number of installments within particular duration, have associate contact agreements, privacy settings, preferences, privacy policies, terms & conditions, promise to pay, letters of credit, various contract agreements, have associate unique global identity, description, conditions, rules, Bank Guarantee number, owner(s) id, details & profile, issued bank id, details & profile, amount, currency type, location, digital signature, certificate, issued date, expiration date.

In another embodiment 115 Unit Bank Guarantee (UBG) Rights Platform or Network enables users or consumers, providers, banks, guarantor to register, store 110 Unit Bank Guarantee (UBG) Rights, send, receive, store, transfer, update, present, consume, use, access, view monitored, logged or tracked activities, actions, transactions, events, transact, report & manage Unit Bank Guarantee (UBG) Rights

In another embodiment 115 Unit Bank Guarantee (UBG) Rights Platform or Network enables 105 Unit Bank Guarantee (UBG) Rights Guarantor(s) or Owner(s) or Provider(s) to search, match, auto match, filter, analyze, sort, determine, select one or more 130 Users or Members of 115 Platform or Network and/or users of other networks, platforms, applications, services, databases, devices & servers including connected or related users including friends, family, relatives & any other users of network. 105 Unit Bank Guarantee (UBG) Rights Guarantor(s) or Owner(s) or Provider(s) can accept request or sent invitation to get 110 Unit Bank Guarantee (UBG) Rights to 130 Unit Bank Guarantee (UBG) Rights User or Consumer or Group(s) of User(s) or Provider(s) of one or more network(s) and/or platform(s).

In another embodiment 115 Unit Bank Guarantee (UBG) Rights Platform or Network and/or 120 Global Unit Bank Guarantee (UBG) Rights Server stores & maintains 110 Unit Bank Guarantee (UBG) Rights from one or more 101 Guarantor Bank(s) and/or 130 Unit Bank Guarantee (UBG) Rights User or Consumer or Group(s) of User(s) or Provider(s) and/or members or users of one or more networks, platforms, applications including e-wallets, digital or virtual currency sources, services, devices including smart phones, servers, web sites, portals, & databases. In another embodiment 115 Unit Bank Guarantee (UBG) Rights Platform or Network enables 130 Member of Network or Platform or Unit Bank Guarantee (UBG) Rights User or Consumer or Group(s) of User(s) or Provider(s) to search, match, auto match, filter, analyze, sort, determine, select one or more 145 Users or Members of 115 Platform or Network and/or users of other networks including social networks & peer to peer networks, platforms, applications, services, databases, devices & servers including connected or related users including friends, family, relatives & any other users of network to circulate, transfer, assign, provide, update, present, publish, send, synchronize, share one or more Unit Bank Guarantee (UBG) Rights. 130 Member of Network or Platform or Unit Bank Guarantee (UBG) Rights User or Consumer or Group(s) of User(s) or Provider(s) can accept request or sent invitation to transfer, assign, provide, update, present, publish, send, synchronize, share one or more Unit Bank Guarantee (UBG) Rights to 145 Users or Members of 115 Platform or Network and/or any other users of one or more other networks, platforms, applications, services, databases, devices & servers. Possessor or holder of Unit Bank Guarantee (UBG) Rights 101, 105, 115, 120, 130, 140, & 145 can circulate, transfer, assign, provide, update, present, publish, send, synchronize, share one or more Unit Bank Guarantee (UBG) Rights to any other users, members, networks including social networks & peer to peer networks, platforms, applications, objects, files, storage, profile, services, databases, devices including smart phones, web pages, web sites, portals & servers based on connections, relationships, interests, invitations, requests, search criteria, selection, auto match making, activities, actions, events, transactions, interactions, location, current location & place, requirements, specifications, referrals, access ownership, rights & privileges, privacy settings, preferences, user data, user profile, user connections, consumption in return of funds, cash, credits, credit line, revolving credit, payments, direct deposits to others account, product & services, contract fulfillment, payment for goods delivered.

In another embodiment 130 Member of Network or Platform or Unit Bank Guarantee (UBG) Rights User Account or Consumer or Group(s) of User(s) or Re-Transferor(s) can receive one or more 110 Unit Bank Guarantee (UBG) Rights from one or more 105 Unit Bank Guarantee (UBG) Rights Guarantor(s) or Owner(s) or Provider(s) for one or more times for particular duration. In another embodiment 130 Member of Network or Platform or Unit Bank Guarantee (UBG) Rights User Account or Consumer or Group(s) of User(s) or Re-Transferor(s) can transfer, re- transfer, send, receive, deposit to account, assign one or more 110 Unit Bank Guarantee (UBG) Rights to one or more other 130 Members or Unit Bank Guarantee (UBG) Rights User Accounts, Consumers, Group(s) of User(s) & Re-Transferor(s) of one or more networks, platforms, web sites, applications, services, databases, & devices.

In another embodiment 105 Unit Bank Guarantee (UBG) Rights Guarantor(s) or Owner(s) or Provider(s) or Bank Guarantee Requestor(s) can apply, receive, order, and store 110 Unit Bank Guarantee (UBG) Rights for one or more Bank Guarantee.

In another embodiment 101 Guarantor Bank can define, issue, provide, store and dematerialize 110 Unit Bank Guarantee (UBG) Rights for plurality of 105 Unit Bank Guarantee (UBG) Rights Guarantor(s) or Owner(s) or Provider(s).

In another embodiment 120 Global Unit Bank Guarantee (UBG) Rights Server can act as centralize storage of 110 Unit Bank Guarantee (UBG) Rights with default required information and one or more registered or member networks, platforms, applications, services, servers, databases, devices, portals, web sites and registered members, users, consumers, user accounts of one or more networks, platforms, applications, services, servers, databases, devices, portals, web sites can register, re-store, access, use, consume, update, transfer, deposit, synchronize including snapshot, merge, transactional, pull & push synchronize 110 Unit Bank Guarantee (UBG) Rights from/to 120 Global Unit Bank Guarantee (UBG) Rights Server and monitors, tracks, logs, process & store information about related or registered 110 Unit Bank Guarantee (UBG) Rights including details of each transfer, associate transferor & transferee including name & identity, number of 110 Unit Bank Guarantee (UBG) Rights transferred, date, conditions & duration of transfer, re-payment details including amount, date, user credit rating & score.

FIG. 2 shows the illustrative preferred modules of a Unit Bank Guarantee & Credit Guarantee Circulation & Management Platform. One or more modules are optional and execute in any order, concurrently or individually.

201 Bank Guarantee Applying Module enables users to electronically apply for Bank Guarantee or Credit Guarantee, upload documents including various standardized forms, address, identity & business proof, profile, financial documents, Trading, Profit & Loss A/c. and Balance Sheets, Bank Statement, Share Holdings, assets related documents, bank deposits documents, income statements and any other types of collateral related documents.

After applying & uploading documents for Bank Guarantee or Credit Guarantee, 205 Bank Guarantee Processing Module receives applications & uploaded documents from one o more applications for processing. Administrator manually or automatically processes, analyzes, reviews, evaluates, verifies, validates, & audits each application. Administrator can also communicate with applicant for demanding more documents, clarifying, provide consulting, and negotiate with applicant for providing Bank Guarantee or Credit Guarantee. After processing administrator can and take decision regarding providing or denying of Bank Guarantee or Credit Guarantee to each applicant. Applicant can also accept & confirm provided Bank Guarantee or Credit Guarantee to Bank Guarantee or Credit Guarantee provider or bank.

After confirmation of Bank Guarantee or Credit Guarantee, 210 Bank Guarantee Preparing Module enables Bank Guarantee or Credit Guarantee provider to prepare contracts, agreements, & deeds for Bank Guarantee or Credit Guarantee and sent to applicant for review. Applicant can review the contracts, agreements, & deeds and confirm or provide changes or modification in track mode to Bank Guarantee or Credit Guarantee provider. In one embodiment after finalizing of contracts, agreements, & deeds of Bank Guarantee or Credit Guarantee, authorized person or administrator on behalf of bank can sent to applicant for manually or digitally sign contracts, agreements, & deeds of Bank Guarantee or Credit Guarantee. Applicant can manually or digitally sign the document and sent manually and/or digitally to Bank Guarantee or Credit Guarantee provider. Bank Guarantee or Credit Guarantee provider receives signed documents manually and/or digitally and scan & verifies manually received documents and convert & upload digital documents. After that authorized person or administrator on behalf of bank manually and/or digitally sign the contracts, agreements, & deeds of Bank Guarantee or Credit Guarantee and prepare Bank Guarantee or Credit Guarantee certificate for issue to each applicant. After preparing Bank Guarantee or Credit Guarantee certificate for issue, 215 Bank Guarantee Issuing Module enables Bank Guarantee or Credit Guarantee provider to issue and mange issued Bank Guarantee or Credit Guarantee of each applicant. Bank Guarantee or Credit Guarantee can manually sent Bank Guarantee or Credit Guarantee certificate in paper form and/or digitally sent Bank Guarantee or Credit Guarantee certificate to each guarantor. Guarantor is enabled to request Bank Guarantee or Credit Guarantee to issue Bank Guarantee or Credit Guarantee in the form of unitize, denominated & dematerialized Bank Guarantee (UBG) Rights. Bank Guarantee or Credit Guarantee provider receives request and prepare for converting Bank Guarantee or Credit Guarantee of each requestor into unitize, portable, denominated & dematerialize Bank Guarantee (UBG) Rights.

220 Unit Bank Guarantee (UBG) Rights Creating Module enables Bank Guarantee or Credit Guarantee provider to create, model, define, prepare, verify, validate Unit Bank Guarantee (UBG) Rights for each Bank Guarantee or Credit Guarantee of each guarantor of Bank

Guarantee or Credit Guarantee. Unit Bank Guarantee (UBG) Rights can in the form of database record, XML, file, text, URL or link, image, secure file or zipped or encrypted file, binary file, object, image, voice, video or visual format, and any other type of digital format.

After preparing of Unit Bank Guarantee (UBG) Rights, 225 Unit Bank Guarantee (UBG) Rights Storage Module enables Bank Guarantee or Credit Guarantee provider to digitally store 7 synchronize Unit Bank Guarantee (UBG) Rights to 102 database(s) of Bank Guarantee or Credit Guarantee provider(s) and/or sent to each guarantor and/or 150 database of platform or network or server or application of guarantor where guarantor registered as member and/or 125 database of Global Unit Bank Guarantee (UBG) Rights Server for enabling global network to network circulation of Unit Bank Guarantee (UBG) Rights via web services, FTP, and any types of communication systems, applications, methods, services, devices, protocols & interfaces.

After storing of Unit Bank Guarantee (UBG) Rights, 230 Unit Bank Guarantee (UBG) Rights Synchronize Module enables to synchronize one or more Unit Bank Guarantee (UBG) Rights from/to one or more networks, platforms, applications, objects, services, databases, web sites, web pages, portals, accounts, user profile, servers and any types of storage medium based on initiation of transfer or re-transfer or deposit or consumption or registering or updating or sharing or circulating or importing or exporting process, permission, approval, sanctioning,

authentication, authorization, privacy policies, rights & privileges, rules, privacy settings & preferences of guarantor or owner or holder or provider of Unit Bank Guarantee (UBG) Rights or authorized person or administrator on behalf of guarantor or owner or holder or provider of Unit Bank Guarantee (UBG) Rights.

In one embodiment Bank Guarantee or Credit Guarantee provider and/or any users and/or Unit Bank Guarantee (UBG) Rights can register with one or more networks, platforms, applications, objects, services, databases, devices, web sites, web pages, portals, Unit Bank Guarantee (UBG) Rights accounts, servers via 235 Unit Bank Guarantee (UBG) Rights Registering Module to enable enables Unit Bank Guarantee (UBG) Rights to circulate, share, donate update, deposit, consume & transfer Unit Bank Guarantee (UBG) Rights within platform or network by registered Bank Guarantee or Credit Guarantee provider and/or users and/or provider of funds, cash, credit and products & services, enables Bank Guarantee or Credit Guarantee provider to search, match, find, connect, request, invite one or more member of one or more networks, platforms, applications, objects, services, databases, devices, web sites, web pages, portals, Unit Bank Guarantee (UBG) Rights accounts, & servers to provide, transfer, share, donate, update, manage, monitor, track, account, audit & present one or more Unit Bank Guarantee (UBG) Rights, enables users to re-transfer, deposit, consume, use, circulate, manage, monitor, track, account, & audit Unit Bank Guarantee (UBG) Rights.

After registering with platform or network or web site or application or service or database, 240 Unit Bank Guarantee (UBG) Rights Provider and/or Prospective User Search & Match and Determination Module and/or 245 Unit Bank Guarantee (UBG) Rights Request and/or Invitation to/by Provider and/or Prospective User Module enables provider of Unit Bank Guarantee (UBG) Rights to search, match, select, determine, analyze, request, connect, invite one or more members or subscriber or prospective consumer or user of platform or network or web site or application or service or database to transfer, provide, donate, update, share, present one or more Unit Bank Guarantee (UBG) Rights.

After identifying one or more confirmed Unit Bank Guarantee (UBG) Rights user(s), Unit Bank Guarantee (UBG) Rights provider(s) can transfer, synchronize, store, send, publish, provide, authorize, deposit, share, & present one or more Unit Bank Guarantee (UBG) Rights to one or more account(s) of one or more user(s) of network or platform or application or service or web site or server or database via 250 Unit Bank Guarantee (UBG) Rights Transferring or Sending Module.

User can receive, deposit, store & view one or more Unit Bank Guarantee (UBG) Rights from one or more guarantor, owner, holder & provider of Unit Bank Guarantee (UBG) Rights from one or more networks, platforms, applications, objects, services, databases, web sites, web pages, portals, Unit Bank Guarantee (UBG) Rights accounts, user profile, devices, servers via 255 Unit Bank Guarantee (UBG) Rights Receiving Module. After receiving Unit Bank Guarantee (UBG) Rights, holder of Unit Bank Guarantee (UBG) Rights, 260 Unit Bank Guarantee (UBG) Rights Transaction, Consumption & Exchange Module enable holder of Unit Bank Guarantee (UBG) Rights to re-transfer, deposit, donate, share, update, present, authorize to hold or consume one or more Unit Bank Guarantee (UBG) Rights to one or more users of one or more networks, platforms, applications, objects, services, databases, web sites, web pages, portals, Unit Bank Guarantee (UBG) Rights accounts, user profile, devices, servers. Holder of Unit Bank Guarantee (UBG) Rights can use Unit Bank Guarantee (UBG) Rights for various payments or buy, request, apply & receive loans, credits, cash, products & services in exchange of Unit Bank Guarantee (UBG) Rights from one or more provider of funds, loans, credits, cash, products & services including banks, companies, financial institutions, individuals, group of persons, service providers, agents, e-commerce web sites, & sellers.

While initiating, processing, execution & completion of each transactions, activities, actions, & process related to Unit Bank Guarantee (UBG) Rights, 265 Unit Bank Guarantee (UBG) Rights Monitoring, Tracking & Logging Module can monitors, tracks, records, logs, processes & stores information about each transmission, transferring, updating, storing, transaction, activity, action, interaction related to Unit Bank Guarantee (UBG) Rights including transfer details including date, details or narration & number of Unit Bank Guarantee (UBG) transferred, name & identity of transferor and transferee, name, identity, details of providers of loans, payments, credits, cash, products & services, details of loans, payments, credits, cash, products & services including amount, number, duration & amount of installments and offers of loans, payments, credits, cash, products & services, details of all re-payments made and like. 270 Unit Bank Guarantee (UBG) Rights Metering, Billing & Re-Payments Module monitors, track, stores, processes, accounts, calculates, bill, prepare periodic statement, meter & updates each holder of Unit Bank Guarantee (UBG) Rights expiration date of Unit Bank Guarantee (UBG) Rights, re-payment installment of one or more received or consumed or purchased or used loans, advance payments, credits, cash, products & services from one or more providers of loans, payments, credits, cash, products & services in exchange of Unit Bank Guarantee (UBG) Rights.

275 Unit Bank Guarantee (UBG) Rights Account Module updates account of holders of Unit Bank Guarantee (UBG) Rights, enables to transfer, deposit, exchange, consume one or more Unit Bank Guarantee (UBG) Rights to one or more accounts of one or more networks, platforms, servers, devices & databases and/or provider(s) of loans, advance payments, credits, cash, products & services, enables to view updated periodic statement and enables to re -payments of received or consumed or purchased or used loans, advance payments, credits, cash, products & services from one or more providers of loans, payments, credits, cash, products & services.

In one embodiment 280 Unit Bank Guarantee (UBG) Rights Verification, Validating &

Authenticating Module enables guarantor bank, guarantor of Unit Bank Guarantee (UBG) Rights, transferor and providers of loans, payments, credits, cash, products & services to monitor, track, verify, validate, digitally sign, authenticate, & authorize while or before re- transfer(s), updates, consumption or exchange including receiving loans, payments, credits, cash, products & services in exchange of Unit Bank Guarantee (UBG) Rights, transaction, store, & deposits.

285 Unit Bank Guarantee (UBG) Rights Reporting & Notifying Module prepares, formats, updates, stores, sent, provide, notify, publish & present one or more statements, reports & notification related to periodic statements, re-payments of installments or billed amount related to received loans, payments, credits, cash, products & services, one or more transfers, updates, consumptions including receiving loans, payments, credits, cash, products & services in exchange of Unit Bank Guarantee (UBG) Rights, transactions, store, & deposits at user device & user profile via email, SMS, instant message, paper forms, data record, XML & file or document.

290 Unit Bank Guarantee (UBG) Rights Credit Rating Module monitors, tracks, logs, updates & stores credit rating, weighing or scoring of each members or user of global network and/or one or more platforms, networks, applications, services, databases, devices & servers based on timely re-payments related to received loans, payments, credits, cash, products & services from providers, proper use or transfer of Unit Bank Guarantee (UBG) Rights and enables guarantor bank, guarantor, providers including providers of loans, payments, credits, cash, products & services and transferor of Unit Bank Guarantee (UBG) Rights to view credit worthiness of member or user to take decision regarding whether provide or transfer or not provide or not transfer Unit Bank Guarantee (UBG) Rights.

295 Unit Bank Guarantee (UBG) Rights Supporting, Claiming & Settlement Module enables providers of loans, payments, credits, cash, products & services in exchange of Unit Bank Guarantee (UBG) Rights to claim and settle payments of provided loans, payments, credits, cash, products & services in exchange of Unit Bank Guarantee (UBG) Rights from guarantor bank and/or guarantor in case non re-payments of billed amounts related to loans, payments, credits, cash, products & services provided by providers.

The said one or more modules, objects, process or components discussed in Figure 2 can interact with each other's in any order and steps. One or more modules or component works in any combination and separately. All components are not necessary and fewer or more components may comprise Unit Bank Guarantee (UBG) Rights platform(s) or network(s) or server(S) or database(s) or client applications, services & web sites. Components or modules can work concurrently or step by step. One or more components or modules are on same server or different server(s) or database(s) or storage medium(s).

In one embodiment Figure 3-12 describes the various examples of 115 Unit Bank Guarantee (UBG) Rights Platform or Network. For example 305 Unit Bank Guarantee (UBG) Rights Requestor(s) [e.g. Mr. David] apply to 301 Guarantor Bank [e.g. Citi Bank] for receiving Bank Guarantee or Credit Guarantee and submits application forms and documents related to collateral securities for bank guarantee. 301 Guarantor Bank [e.g. Citi Bank] reviews, evaluates, verifies, validates & confirm Bank Guarantee or Credit Guarantee of 310 [e.g. $ 1,00,00,000 for 5 Years] to 305 [Mr. David] and as per request & instruction of 305 [Mr. David], 301 Guarantor Bank [e.g. Citi Bank] converts, define, & transform unitize Bank Guarantee (UBG) Rights in to [e.g. 1,00,00,000 UBG units each equal to $ 1 value] and stores to 302 Unit Bank Guarantee (UBG) Rights Store of 301 Guarantor Bank [e.g. Citi Bank] and/or 302 Unit Bank Guarantee (UBG) Rights Store of 315 Unit Bank Guarantee (UBG) Rights Platform or Network [e.g.

www.OnlineUBG.com, where Mr. David registered and have UBG account] and/or Global 320 Unit Bank Guarantee (UBG) Rights Server [e.g. www.global_UBG.com]. Figure 5 shows online Unit Bank Guarantee (UBG) Rights account of 305 [Mr. David] at 315 [e.g.

www.OnlineUBG.com] and [Transaction No. 1] shows deposited Unit Bank Guarantee (UBG) Rights by Guarantor Bank [e.g. Citi Bank]. Now 305 [Mr. David] are enabled to Log-In (Figure 4 - 410) to [e.g. www.OnlineUBG.com, where Mr. David registered and have UBG account] and can view account & statements details including transferred, deposited, consumed, total holding, available balanced, & stored Unit Bank Guarantee (UBG) Rights. Figure 3 shows that 305 [Mr. David] accept request of requirement of [50,00,000 units of Unit Bank Guarantee (UBG) Rights] of 330 [Mr. John] & confirms, provides or deposits or transferred [50,00,000 units of Unit Bank Guarantee (UBG) Rights for 2 Years] via [Figure 6 - Transfer UBG within the Network Option] to 330 [Mr. John's account on same network or website i.e. www.OnlineUBG.com], wherein transferred transaction record appears or reflected in [Figure 11 (Transaction No. 4 - Mr. John Account Profile]. In the triggering of event of expiration of 2 Years of Unit Bank Guarantee (UBG) Rights of 330 [Mr. John], automatically [50,00,000 units of Unit Bank Guarantee (UBG) Rights] credited to the account of 330 [Mr. John] and automatically [50,00,000 units of Unit Bank Guarantee (UBG) Rights] debited to the account of 305 [Mr. David]. After that 330 [Mr. John] sent invitation to 345 [Mr. Smith] to share received Unit Bank Guarantee (UBG) Rights from [Mr. David], 345 [Mr. Smith] accept invitation and confirm to requirement of [25,00,000 units of Unit Bank Guarantee (UBG) Rights for 1 Year]. 330 [Mr. John] re-transfers or deposits [Figure 11 (Transaction No. 5) - 25,00,000 units of Unit Bank Guarantee (UBG) Rights] from [Figure 11 - UBG Account of 330 Mr. John] to [Figure 12 -UBG Account of - 345 Mr. Smith], wherein re-transferred or deposited transaction record appears or reflected in [Figure 12

(Transaction No. 4 - Mr. Smith Account Profile]. In the triggering of event of expiration of 1 Years of Unit Bank Guarantee (UBG) Rights of 330 [Mr. Smith], automatically [25,00,000 units of Unit Bank Guarantee (UBG) Rights] credited to the account of 345 [Mr. Smith] and automatically [25,00,000 units of Unit Bank Guarantee (UBG) Rights] debited to the account of 345 [Mr. John]. 305 [Mr. David] can view each monitored, tracked & recorded transactions related to originally transferred [50,00,000 units of Unit Bank Guarantee (UBG) Rights] to 330 [Mr. John] as well as re-transferred transaction of [25,00,000 units of Unit Bank Guarantee (UBG) Rights] by 330 [Mr. John] to 345 [Mr. Smith]. 330 [Mr. John] can only view each monitored, tracked & recorded transactions related to re-transferred transaction of [25,00,000 units of Unit Bank Guarantee (UBG) Rights] to 345 [Mr. Smith]. Users or Members of Account Holder of network can search, match, select, invite, and send request for Unit Bank Guarantee (UBG) Rights and can transfer, re- transfer, use, consume, & deposits Unit Bank Guarantee (UBG) Rights. For example 330 [Mr. John] visits e-commerce website 340 [www.e_Bay.com], search listed products related to "cycle" and add to cart [ABC Cycle] & selects Mode of Payment as "UBG" and Purchase of Cycle of $1000 in exchange of UBG 1000 unit. 340

[www.e_Bay.com] accepts "UBG" as mode of payment and provides credit facilities in exchange of "UBG" based on re-payment of purchased amount within particular duration [e.g. 1 Year] which not exceeds expiration period of transferred "UBG". When 330 [Mr. John] fully paid $1000 to 340 [www.e_Bay.com] then system automatically credited [1000 units of Unit Bank Guarantee (UBG) Rights] to the Unit Bank Guarantee (UBG) Rights account of 340

[www.e_Bay.com] and debited [1000 units of Unit Bank Guarantee (UBG) Rights] to the Unit Bank Guarantee (UBG) Rights account of 330 [Mr. John]. In the event of non-payment of credits received from provider of credit provider of credit can claim & received payments from guarantor bank and/or guarantor and Guarantor bank and/or Guarantor can settle with holder of Unit Bank Guarantee (UBG) Rights. In case of any types of conflict Unit Bank Guarantee (UBG) Rights Platform or Network, Global Unit Bank Guarantee (UBG) Rights Server, Guarantor bank, Guarantor and Provider(s) of Loans, Cash, Products & Services based on Unit Bank Guarantee (UBG) Rights can follow rules & regulations and provide support, solution, settlements and resolutions of conflict.

Figure 4 shows exemplary 410 Log-In and 430 Registration screen of exemplary website 315 [www.OnlineUBG.com] .

Figure 5 shows exemplary Unit Bank Guarantee (UBG) Rights Account Details of [Mr. David] of exemplary website 315 [www.OnlineUBG.com] and details of various transactions including deposited, transferred, received & consumed Unit Bank Guarantee (UBG) Rights related transactions.

Figure 6 shows exemplary Unit Bank Guarantee (UBG) Rights Account of [Mr. David] related [Transfer UBG within the Network Option], which enables account holder [Mr. David] to transfer "UBG" from [Mr. David] account to one or more selected "UBG" account within exemplary website or "UBG" platform 315 [www.OnlineUBG.com].

Figure 7 shows exemplary Unit Bank Guarantee (UBG) Rights Account of [Mr. David] related [Transfer UBG to other Network Option], which enables account holder [Mr. David] to transfer "UBG" from [Mr. David] account to other one or more selected "UBG" accounts of one or more networks, platforms, websites, portals & servers.

Figure 8 shows exemplary Unit Bank Guarantee (UBG) Rights Account of [Mr. David] associate [Bill Payment Option or Service provided by 315 www.OnlineUBG.com via "Super BillPay"], which enables account holder [e.g. Mr. David] to pay various types of bills via [Super BillPay] based on payment mode as "Pay via UBG", which enables user [Mr. David] to pay bills based on credit provided by [Super BillPay] based on re -payment of periodic particular number of installments to [Super BillPay] .

Figure 9 shows exemplary Unit Bank Guarantee (UBG) Rights Account of [Mr. David] associate [Credit Option or Service provided by 315 www.OnlineUBG.com via various credit providers or banks or financial institutions e.g. "Barclays"], which enables account holder [e.g. Mr. David] to pay apply, receive and use credit provided by various credit providers based on "UBG", which enables user [Mr. David] to receive credit and re-pay credit via periodic credit statements sent or present by credit provider(s) [e.g. Barclays].

Figure 10 shows exemplary Unit Bank Guarantee (UBG) Rights Account of [Mr. David] associate [Loans Option or Service provided by 315 www.OnlineUBG.com via various loans providers or banks] in exchange of particular number of "UBG".

Figure 11 shows exemplary Unit Bank Guarantee (UBG) Rights Account Details of [Mr. John] of exemplary website 315 [www.OnlineUBG.com] and details of various transactions including deposited, transferred, received & consumed Unit Bank Guarantee (UBG) Rights related transactions.

Figure 12 shows exemplary Unit Bank Guarantee (UBG) Rights Account Details of [Mr. Smith] of exemplary website 315 [www.OnlineUBG.com] and details of various transactions including deposited, transferred, received & consumed Unit Bank Guarantee (UBG) Rights related transactions.

Many changes and modifications will occur to those skilled in the art upon studying this description. All such changes and modifications which are within the spirit of the invention are intended to be included within the scope of the claims.

Claims

I claim:

A method comprising:

enabling to preparing & define, unitizing, denominating & dematerializing Bank

Guarantee right(s) or contract(s);

maintaining or storing unitize Bank Guarantee right(s) or contract(s) with unique identity and information; and

enabling to searching, matching, filtering, selecting, inviting & requesting provider and/or consumer of unitize Bank Guarantee right(s) or contract(s) and enabling to sending, receiving, depositing, re-storing, circulating, transferring, re-transferring, synchronizing, updating, presenting, publishing, accessing, using, consuming, viewing account details, maintaining account, auditing, metering, billing, re-payments of credits, reporting & notifying depositing, transferring & consuming & managing one or more unitize Bank Guarantee right(s) or contract(s).

A method according to claim 1, wherein unitize Bank Guarantee right(s) or contract(s) comprises one or more types of credit guarantee.

A method according to claim 1, wherein sender, receiver, holder, consumer & user of unitize Bank Guarantee right(s) or contract(s) comprises user, user account, group(s) of user(s), company, bank, financial institution, service provider, provider or seller of products & services, network, web site, application, service, database, device, server and one any types of entities.

A method according to claim 1, wherein enabling to receive cash in exchange of unitize Bank Guarantee right(s) or contract(s).

A method according to claim 1, wherein enabling to receive credit or credits line or credit limits in exchange of unitize Bank Guarantee right(s) or contract(s).

A method according to claim 1, wherein enabling to purchase products & services in exchange of unitize Bank Guarantee right(s) or contract(s).

A method according to claim 1, wherein enabling to receive loan in exchange of unitize Bank Guarantee right(s) or contract(s).

8. A method according to claim 1, wherein enabling to use unitize Bank Guarantee right(s) or contract(s) as payment method. 9. A method according to claim 1, wherein enabling to circulate unitize Bank Guarantee right(s) or contract(s) similar to money or digital money.

10. A method according to claim 1, wherein enabling to use unitize Bank Guarantee right(s) or contract(s) for re-payment of loan, contract fulfillment, advance payment and payment for goods & service delivered.

11. A method according to claim 1, wherein enabling to use unitize Bank Guarantee right(s) or contract(s) as equivalent to money or digital money. 12. A method according to claim 1, wherein monitoring, tracking, mapping, storing &

maintaining path & details of transfer of each unitize Bank Guarantee right(s) or contract(s).

13. A method according to claim 1, wherein monitoring, tracking, mapping, logging, storing, presenting & viewing details of consumption, each transfer & re-transfer including identity & name of transferor & transferee, number of unitize Bank Guarantee right(s) or contract(s) transferred, details of each transaction, event, activity & action.

14. A method according to claim 1, wherein enabling unitize Bank Guarantee right(s) or contract(s) to circulate, synchronize, store, update & transfer from/to/within/via/among one or more networks, platforms, web sites, applications, services, databases, servers, banks, systems, devices, user accounts, user profiles & persons in digital as well as paper form. 15. A method according to claim 1, wherein notifying or reporting or presenting details of each transfer by each transferor to each transferee.

16. A method according to claim 15, wherein notifying or reporting or presenting details of each transfer by each transferor to each transferee via email, SMS, instant message, web page, user profile, & user account. A method according to claim 1, wherein enabling guarantor or issuing bank and/or guarantor and/or platform, network, web site and/or beneficiary and/or 3rd parties service provider(s) and/or holder or user to check, verify, digitally sign, update & digitally approve said at least one unitize Bank Guarantee right(s) or contract(s) to certify compliance with said at least one requirement of listing, storing, circulating, transferring, using, consuming, accessing, & converting into money or cash, purchasing of products & services on or via said platform or network.

A method according to claim 1, wherein enabling to preparing & defining, unitizing, denominating & dematerializing Bank Guarantee right(s) or contract(s) from paper forms into digital or electronic forms.

A method according to claim 1, wherein enable to make complete or one or more steps of bank guarantee procedure, process, steps, workflow digital or electronic or online or wizard based, automated and/or partial automated with human or administrator(s) intervention.

A method according to claim 19, wherein steps or process or workflow comprises registering, consulting, applying, uploading or downloading documents, reviewing, evaluating, verifying, validating, processing, send or receive a guarantee offer, send or receive sign guarantee offer, collaboratively defining, drafting documents specifications, inputting online pre-created forms, contracts or agreements or deeds or certificate, negotiating, accepting teams & conditions & signing or digitally signing documents or contracts, opening accounts, confirming, issuing, paying fees or charges, permitting, ordering, advising, referring, transferring, re-transferring, re-approval for re-transfer, storing, circulating, updating, receiving permission, delivery, dividing or unitizing, dematerializing, transacting, consuming, using, receiving & repaying funds, loans, cash, virtual currencies, goods or products & services, applications etc. based on unitize Bank Guarantee (UBG) Rights, settling, claiming, monitoring, tracking, recording, logging, accounting, metering, billing, supporting, viewing Unit Bank Guarantee (UBG) Rights balances, viewing recent transactions, viewing statements, credit rating or scoring, notifying, reporting & managing of bank guarantee and/or unitize bank guarantee or credit guarantee and searching, matching, filtering, inviting & requesting for bank guarantee and/or unitize bank guarantee or credit guarantee. A method according to claim 1, wherein unitize Bank Guarantee right(s) or contract(s) comprising conditional, unconditional, transferable or transmissible, non-transferable, divisible or fractionable or denominatable or denominable, non-divisible, assignable unitize Bank Guarantee right(s) or contract(s).

A method according to claim 1, wherein unitize Bank Guarantee right(s) or contract(s) comprises associated or auto or manually or remotely updated obligation to payment within particular period or pay particular number of installments within particular duration, associated or auto or manually or remotely updated contact agreements, privacy settings, preferences, privacy policies, terms & conditions, promise to pay, letters of credit, various contract agreements, associated or auto or manually or remotely updated unique global identity, description, conditions, rules, Bank Guarantee number, applicant, applicant bank, reason, owner(s) id, details & profile, issued bank id, details & profile, amount, validity, currency code, name & type, location, digital signature, certificate, issued date, maturity date, expiration date, account number, Unit Bank Guarantee (UBG) Right including Right of using Bank Guarantee for receiving, applying, demanding, borrowing, debiting, crediting, transferring, gifting, donating, depositing, paying and requesting one or more Unit Bank Guarantee (UBG) Right associate value in the form of money, cash, virtual currencies, goods or products & services from one or more providers of funds, loans, cash, products & services including banks, sellers, online and/or offline merchants.

A method according to claim 1, wherein monitoring, tracking, logging and storing information about each transfer of unitize Bank Guarantee right(s) or contract(s) and details about associate transferor, transferee, bank, beneficiary, transaction details, account details including payments, re-payments, installments, interest.

A method according to claim 23, wherein enabling to data mine, process & notify, report, & present said relevant logged & stored data to principal or owner of Unit Bank

Guarantee (UBG) Rights, Transferor, Transferee, Platform, Administrator, User, Beneficiary & Provider of Funds, Loans, Cash, Products & Services.

25. A method according to claim 1, wherein monitoring, tracking, logging and storing credit rating & scoring of consumer, user, holder, transferor and transferee of unitize Bank Guarantee right(s) or contract(s). 26. A method according to claim 25, wherein said credit rating & scoring are based on timely payment or repayment of loans, withdrawal, installments, cash, interest, charges, fees, commissions, using of unitize Bank Guarantee right(s) or contract(s) including transfer & refer to other users, purchasing of products & services & utilizing unitize Bank Guarantee right(s) or contract(s) for generating revenue, earning income, get training, education & qualification, business growth, research & development, fulfilling needs, maintain health, managing tasks & workflow.

27. A method according to claim 1, wherein said regulation of transferring and/or utilizing said unitize Bank Guarantee right(s) or contract(s) provide enforcement, transfer, reporting, provide for a specific duration of use of said unitize Bank Guarantee right(s).

28. A method according to claim 1, wherein charging of fixed or variable fees based on per Unit Bank Guarantee (UBG) Rights or total amount of or percentage of value of Unit Bank Guarantee (UBG) Rights deposited and/or transferred and/or used or consumed.

29. A system comprises:

a module is configure to prepare, define, unitize, denominate & dematerialize Bank Guarantee right(s) or contract(s);

a storage medium for maintaining or storing unitize Bank Guarantee right(s) or contract(s) with unique identity and information; and

enable to search, match, filter, select, invite & request provider and/or consumer of unitize Bank Guarantee right(s) or contract(s) and enable to send, receive, deposit, restore, circulate, transfer, re-transfer, synchronize, update, present, publish, access, use, consume, maintain account, view account details, audit, meter, bill, re-payments of credits, report & notify deposits, transfers & consumption & manage one or more unitize

Bank Guarantee right(s) or contract(s).

30. A system according to claim 29, wherein unitize Bank Guarantee right(s) or contract(s) comprises one or more types of credit guarantee.

31. A system according to claim 29, wherein sender, receiver, holder, consumer & user of unitize Bank Guarantee right(s) or contract(s) comprises user, user account, group(s) of user(s), company, bank, financial institution, service provider, provider or seller of products & services, network, web site, application, service, database, device, server and one any types of entities.

32. A system according to claim 29, wherein enable to receive cash in exchange of unitize Bank Guarantee right(s) or contract(s). 33. A system according to claim 29, wherein enable to receive credit or credits line or credit limits in exchange of unitize Bank Guarantee right(s) or contract(s).

34. A system according to claim 29, wherein enable to purchase products & services in

exchange of unitize Bank Guarantee right(s) or contract(s).

35. A system according to claim 29, wherein enable to receive loan in exchange of unitize Bank Guarantee right(s) or contract(s).

36. A system according to claim 29, wherein enable to use unitize Bank Guarantee right(s) or contract(s) as payment method.

37. A system according to claim 29, wherein enable to circulate unitize Bank Guarantee right(s) or contract(s) similar to money or digital money. 38. A system according to claim 29, wherein enable to use unitize Bank Guarantee right(s) or contract(s) for re-payment of loan, contract fulfillment, advance payment and payment for goods & service delivered.

39. A system according to claim 29, wherein enable to use unitize Bank Guarantee right(s) or contract(s) as equivalent to money or digital money.

40. A system according to claim 29, wherein monitor, track, map, store & maintain path & details of transfer of each unitize Bank Guarantee right(s) or contract(s).

41. A system according to claim 29, wherein monitor, track, map, log, store, present & view details of consumption, each transfer & re-transfer including identity & name of transferor & transferee, number of unitize Bank Guarantee right(s) or contract(s) transferred, details of each transaction, event, activity & action.

42. A system according to claim 29, wherein enable unitize Bank Guarantee right(s) or

contract(s) to circulate, synchronize, store, update & transfer from/to/within/via/among one or more networks, platforms, web sites, applications, services, databases, servers, banks, systems, devices, user accounts, user profiles & persons in digital as well as paper form.

43. A system according to claim 29, wherein a module is configured to notify or report or present details about each transfer by each transferor to each transferee.

44. A system according to claim 43, wherein notifying or reporting or presenting details about each transfer by each transferor to each transferee via email, SMS, instant message, web page, user profile, & user account.

45. A system according to claim 29, wherein guarantor or issuing bank and/or guarantor and/or platform, network, web site and/or beneficiary and/or 3rd parties service provider(s) and/or holder or user is enabled to check, verify, digitally sign, update & digitally approve said at least one unitize Bank Guarantee right(s) or contract(s) to certify compliance with said at least one requirement of listing, storing, circulating, transferring, using, consuming, accessing, & converting into money or cash, purchasing of products & services on or via said platform or network.

46. A system according to claim 29, wherein enable to prepare, define, unitize, denominate & dematerialize Bank Guarantee right(s) or contract(s) from paper forms into digital or electronic forms.

47. A system according to claim 29, wherein enable to make complete or one or more steps of bank guarantee procedure, process, steps, workflow digital or electronic or online or wizard based, automated and/or partial automated with human or administrator(s) intervention.

48. A system according to claim 47, wherein steps or process or workflow comprises register, consult, apply, upload or download documents, review, evaluate, verify, validate, process, send or receive a guarantee offer, send or receive sign guarantee offer, collaboratively define, draft documents specifications, input online pre-created forms, contracts or agreements or deeds or certificate, negotiate, accept teams & conditions & sign or digitally sign documents or contracts, open accounts, confirm, issue, pay fees or charges, permit, order, advice, refer, transfer, re-transfer, re-approval for re-transfer, store, circulate, update, receive permission, delivery, divide or unitize, dematerialize, transact, consume, us, receive & repay funds, loans, cash, virtual currencies, goods or products & services, applications etc. based on unitize Bank Guarantee (UBG) Rights, settle, claim, monitor, track, record, log, account, meter, bill, support, view Unit Bank Guarantee (UBG) Rights balances, view recent transactions, view statements, credit rat or score, notify, report & manage of bank guarantee and/or unitize bank guarantee or credit guarantee and search, match, filter, invite & request for bank guarantee and/or unitize bank guarantee or credit guarantee.

49. A system according to claim 29, wherein unitize Bank Guarantee right(s) or contract(s) comprises conditional, unconditional, transferable or transmissible, non-transferable, divisible or fractionable or denominatable or denominable, non-divisible, assignable unitize Bank Guarantee right(s) or contract(s).

50. A system according to claim 29, wherein unitize Bank Guarantee right(s) or contract(s) comprises associated or auto or manually or remotely updated obligation to payment within particular period or pay particular number of installments within particular duration, associated or auto or manually or remotely updated contact agreements, privacy settings, preferences, privacy policies, terms & conditions, promise to pay, letters of credit, various contract agreements, associated or auto or manually or remotely updated unique global identity, description, conditions, rules, Bank Guarantee number, applicant, applicant bank, reason, owner(s) id, details & profile, issued bank id, details & profile, amount, validity, currency code, name & type, location, digital signature, certificate, issued date, maturity date, expiration date, account number, Unit Bank Guarantee (UBG) Right including Right of using Bank Guarantee for receiving, applying, demanding, borrowing, debiting, crediting, transferring, gifting, donating, depositing, paying and requesting one or more Unit Bank Guarantee (UBG) Right associate value in the form of money, cash, virtual currencies, goods or products & services from one or more providers of funds, loans, cash, products & services including banks, sellers, online and/or offline merchants.

51. A system according to claim 29, wherein monitor, track, log and store information about each transfer of unitize Bank Guarantee right(s) or contract(s) and details about associate transferor, transferee, bank, beneficiary, transaction details, account details including payments, re-payments, installments, interest.

52. A system according to claim 51, wherein enable to data mine, process & notify, report, & present said relevant logged & stored data to principal or owner of Unit Bank Guarantee (UBG) Rights, Transferor, Transferee, Platform, Administrator, User, Beneficiary & Provider of Funds, Loans, Cash, Products & Services.

53. A system according to claim 29, wherein monitor, track, log and store credit rating & scoring of consumer, user, holder, transferor and transferee of unitize Bank Guarantee right(s) or contract(s).

54. A system according to claim 53, wherein said credit rating & scoring are based on timely payment or repayment of loans, withdrawal, installments, cash, interest, charges, fees, commissions, using of unitize Bank Guarantee right(s) or contract(s) including transfer & refer to other users, purchasing of products & services & utilizing unitize Bank Guarantee right(s) or contract(s) for generating revenue, earning income, get training, education & qualification, business growth, research & development, fulfilling needs, maintain health, managing tasks & workflow.

55. A system according to claim 29, wherein said regulation of transferring and/or utilizing said unitize Bank Guarantee right(s) or contract(s) provide enforcement, transfer, reporting, provide for a specific duration of use of said unitize Bank Guarantee right(s).

56. A system according to claim 29, wherein a module is configure to charge fixed or

variable fees based on per Unit Bank Guarantee (UBG) Rights or total amount of or percentage of value of Unit Bank Guarantee (UBG) Rights deposited and/or transferred and/or used or consumed.