ALEXANDRIA, Va., June 17 -- United States Patent no. 12,315,012, issued on May 27, was assigned to AQUA INDEX LTD. (Petach Tikva, Israel).
"Fresh water price index based on water quality" was invented by Yaacov Shirazi (Petach Tikva, Israel).
According to the abstract* released by the U.S. Patent & Trademark Office: "A method and system for computing a stable index value of fresh water based on water quality category and/or grade from current values of root commodities (i.e. freely marketed products) that either have fresh water as a constituent and/or utilize fresh water in their production, usable to develop a stable investment instrument for investing in fresh water. A processor may process associations between a root commodity and a w...