U.S. Patent 11,847,675 B2 · Granted 2023

Verify the Work.
Reduce Costs.
Make Every Payment Accountable.

Global Trust System (GTS) is built around a granted U.S. patent that connects businesses with service providers, establishes work requirements, verifies completed work, and authorizes performance-based compensation.

This technology offers a foundation for developing solutions that could reduce administrative costs, minimize disputes and rework, accelerate approvals, and create new commercial opportunities.

PATENT LICENSING | JOINT DEVELOPMENT | PILOT PROGRAMS | STRATEGIC PARTNERSHIPS

01 SCOPE02 PROPOSALS03 CONTRACT04 PROOF05 VERIFY06 AUTHORIZE07 RESOLVE

Lower costs

Reduce administrative overhead, disputes, and unnecessary rework.

Save time

Streamline work verification, contractor coordination, and approvals.

Greater accountability

Connect work requirements, verified completion, and compensation authorization.

Potential benefits, not demonstrated or guaranteed results.

Potential industry applications

  • Workforce & Labor
  • Government & Public Works
  • Real Estate & Construction
  • Enterprise Procurement

The labor marketplace is the patented core; the other industries represent potential adaptations requiring individual assessment.

01 — Thesis

When Work Cannot Be Verified, Time and Money Are at Risk.

Organizations spend time and resources managing contractors, documenting completed work, resolving disputes, and approving payments. When work requirements and verification records are disconnected, administrative costs and delays can increase.

GTS offers a patented labor-marketplace method designed to connect work agreements, performance verification, and compensation authorization within a more accountable process.

Administrative costs

Business problem
Manual coordination, disconnected documentation, and repeated approvals can consume valuable staff time.
Potential GTS benefit
More structured work agreements and verification records could reduce administrative friction.

Incomplete or unverified work

Business problem
Organizations need reliable evidence that contractors have satisfied agreed quality and completion requirements.
Potential GTS benefit
Documented performance requirements and verification can improve accountability before compensation is authorized.

Disputes and rework

Business problem
Unclear expectations and disagreements about completed work can cause costly delays and unnecessary rework.
Potential GTS benefit
Recorded contractual requirements, verification decisions, and dispute-resolution processes could reduce uncertainty and improve resolution.

Payment accountability

Business problem
Payment approvals can become difficult when work evidence, acceptance decisions, and compensation conditions are managed separately.
Potential GTS benefit
Connecting verified performance with authorization conditions offers an approach for more accountable compensation workflows.

Better Verification. Less Friction. Greater Accountability.

For organizations using GTS-inspired technology, the goal is improved operational efficiency and potential cost reductions—not demonstrated savings.

Potential benefits require validation; no operational savings are claimed. The patented labor marketplace method does not cover every work-verification or payment-authorization system.

Vision, not deployment. GTS describes a patented method and a direction for its application. No production system, certification or operating partnership is claimed on this site.

02 — The Method

Six stages from defined work to accountable resolution.

Select a stage — or use the arrow keys — to read how the patented example embodiments move work from scope to settlement.

GTS's issued patent describes a specific blockchain-based labor marketplace method combining defined jobs, competing worker proposals, provider selection, smart-contract arrangements, quality verification, required signatures, and cryptographic-token compensation. The issued patent claims determine the scope of legal protection; broader applications involving construction, enterprise systems, or conventional banking workflows require separate assessment.

Stage 01 of 06

Define scope

A requesting party publishes a specific job description setting out the work, its quality requirements and the terms under which it will be accepted.

Job description · quality requirements

This summarizes patented example embodiments; legal scope is defined by issued claims.

03 — Applications

Where GTS Could Reduce Costs and Create Business Value.

Explore potential operational savings for organizations and new-service revenue opportunities for technology partners across five industries.

Closest to the patented method

Labor marketplaces & workforce

Business problem
Worker selection, contract administration, work verification, and payment disputes can add friction and operating expenses.
Potential GTS application
Use the patented labor marketplace method to define jobs, solicit proposals, select providers, establish agreements, verify performance, and authorize compensation under required conditions.
Potential business value
Reduce administrative friction, improve transaction transparency, and differentiate marketplace services. Partners could explore subscription, transaction-related, or platform-service revenue models.
Pilot metric
Administrative time per transaction · Verification cycle time · Qualified provider matching rate

Proposed industry adaptation

Public works & infrastructure

Business problem
Government-funded projects require complex contractor oversight, extensive documentation, milestone approvals, and resolution of work disputes.
Potential GTS application
Document deliverables, acceptance requirements, inspection evidence, contractor performance, and approval decisions in verification-centered workflows.
Potential business value
Reduce manual administration, improve payment accountability and contractor oversight, and identify avoidable project costs.
Pilot metric
Milestone approval time · Administrative hours · Payment requests with complete verification documentation

Proposed industry adaptation

Housing & construction

Business problem
Costly rework, disputed milestones, delayed approvals, and contractor–inspector coordination can put project budgets at risk.
Potential GTS application
Connect work packages, contractor selection, completion evidence, independent verification, and payment authorization through compliant financial systems.
Potential business value
Reduce unnecessary rework, improve contractor accountability, shorten approval cycles, and help protect project budgets.
Pilot metric
Rework days per milestone · Disputed milestone rate · Completion-to-approval time

Proposed industry adaptation

Enterprise procurement

Business problem
Vendor contracts, service deliverables, quality acceptance, invoices, and approvals often run through disconnected processes.
Potential GTS application
Integrate provider selection, contractual requirements, work verification, acceptance decisions, and invoice authorization.
Potential business value
Reduce manual vendor administration, improve contract-performance visibility, minimize avoidable disputes, and simplify approvals.
Pilot metric
Administrative hours per contract · Acceptance cycle time · Disputed invoice rate

Proposed industry adaptation

Programmable commerce & payments

Business problem
Conventional payment systems confirm transfers, but generally do not independently establish whether services meet the buyer’s acceptance requirements.
Potential GTS application
Explore verification events, documented acceptance conditions, and accountable transaction workflows as additional functionality within commercial technology platforms.
Potential business value
Develop differentiated verification services with potential subscription, integration, or transaction-related revenue opportunities.
Pilot metric
Transaction verification time · Documented acceptance rate · Dispute rate

Potential benefits and revenue opportunities require pilot validation; no deployments or financial results are claimed. Outside the labor marketplace, applications require individual legal, technical, and regulatory assessment and are not automatically covered by the issued claims. Bank-based payment authorization does not necessarily practice the patent’s cryptographic-token compensation claims.

Illustrative application — proposed technology

See How GTS Could Work on a Real-World Project.

Consider a government-supported housing development involving multiple contractors, construction milestones, inspections, and payment approvals.

Traditional ProcessGTS-Inspired Process

Traditional Project Administration

Challenges that can arise—not outcomes of every construction project.

  • Contractors submit work-completion claims and payment requests.
  • Project managers coordinate documentation and inspections across different systems.
  • Missing information or disputed work can delay approvals and trigger rework.
  • Additional administration and disputes can increase project costs.

The result: More administrative effort, payment uncertainty, and potential project delays.

With a GTS-Inspired Verification Workflow

  1. Step 1 — Define

    The developer establishes contractor responsibilities, milestones, work requirements, and acceptance standards.

  2. Step 2 — Contract

    Contractors submit proposals; the selected provider agrees to the deliverables and terms.

  3. Step 3 — Document

    The contractor submits completion evidence: reports, project records, and supporting photographs.

  4. Step 4 — Verify

    Authorized project managers or qualified inspectors assess the work against agreed requirements and necessary inspection standards.

  5. Step 5 — Authorize

    Documented approvals support payment authorization through appropriate, regulated financial systems.

  6. Step 6 — Resolve

    Incomplete work or disputed requirements follow a documented correction, rework, or dispute-resolution process.

Photographs support documentation; they do not alone establish construction safety or regulatory compliance. Qualified assessment and required inspections remain essential.

Hypothetical application — not a deployed GTS system

Example: A Housing Construction Milestone

A contractor completes an agreed flooring-installation milestone on a housing project.

Under a proposed GTS-inspired system, the contractor could submit completion documentation, including the required checklist, supporting photographs, and inspection records.

An authorized reviewer would assess whether the work meets the agreed acceptance requirements.

Once the required approvals are recorded, the system could support a payment-authorization request through appropriate financial infrastructure.

If the work does not meet the requirements, the exception could be documented and routed for correction or dispute resolution.

What a Pilot Could Measure

Compare the time from complete milestone submission to approval, administrative hours per milestone, and frequency of disputed or rejected submissions against the existing process.

Required construction inspections and regulatory approvals remain independent requirements; photographs alone do not establish safety or compliance.

Where the Potential Savings Come From

Time

Less administrative work

Reduce time spent coordinating documents, verification requests, and approvals.

Disputes

Fewer costly disputes

Improve documentation of requirements, completed work, and acceptance decisions.

Costs

Reduced rework expenses

Identify unacceptable or incomplete work earlier in the review process.

Accountability

Faster approval cycles

Help prevent avoidable delays caused by missing information or unclear responsibilities.

Better Verification Could Mean Better Project Economics.

Illustrative concept only. Actual savings and operational benefits would require implementation, baseline measurement, and pilot validation.

GTS is based on U.S. Patent No. 11,847,675 B2, a patented labor marketplace invention. This construction example is a proposed adaptation, not proof of coverage by the issued claims or an existing deployment. Regulated bank payment authorization is a proposed implementation approach, distinct from the patent’s cryptographic-token compensation mechanism.

04 — A California public-sector opportunity

Better documentation.
Stronger accountability.
Measurable potential savings.

California's publicly funded construction, housing, infrastructure, and workforce programs depend on effective contractor coordination, accurate documentation, reliable work verification, and accountable payment approvals.

GTS-inspired technology could help agencies evaluate more efficient ways to document work requirements, verify contractor performance, and support payment decisions—potentially reducing administrative costs, unnecessary rework, disputes, and project delays.

The objective: Better oversight of public funds and measurable improvements in project efficiency.

Where Public Agencies Could Benefit

Reduce administrative costs
Streamline documentation, contractor coordination, and work-verification processes.
Improve contractor accountability
Connect agreed work requirements with documented evidence of completion and authorized acceptance.
Reduce disputes and rework
Improve records used to identify incomplete or unacceptable work and resolve disagreements.
Strengthen payment oversight
Support more transparent approval decisions before public funds are authorized for payment.

A Practical Pilot Before Wider Adoption

GTS proposes exploring a limited pilot with an interested California public agency or authorized project partner.

A pilot could focus on a defined contractor-verification workflow within a housing or infrastructure project, using existing legal, procurement, inspection, and payment requirements.

The goal would be to compare current processes against a proposed verification-centered approach and determine whether measurable operational improvements justify further development.

No agency has agreed to conduct a pilot.

  1. 01

    Approval Time

    Time from contractor milestone submission to approval.

  2. 02

    Documentation Completeness

    Percentage of submissions containing the required verification and inspection records.

  3. 03

    Disputes and Rework

    Frequency and duration of disputed milestones and required corrections.

  4. 04

    Administrative Burden

    Staff hours required to review documentation, coordinate approvals, and process contractor submissions.

Pilot results would be measured against a documented baseline. Any claimed savings would require evidence, including implementation costs.

Explore a California Pilot

Interested public agencies and technology partners are invited to discuss a possible feasibility assessment or limited pilot.

A proposal only. No savings are guaranteed, and no State of California agency has reviewed, adopted, or endorsed GTS.

GTS is based on U.S. Patent No. 11,847,675 B2, a patented labor marketplace method. Government applications are proposed adaptations requiring technical, legal, regulatory, and patent-scope assessment; the patent does not automatically cover all construction contracts, government payment systems, or verification workflows. GTS would not replace legally required inspections, procurement processes, contractor licensing, payment controls, or government oversight.

05 — Patent foundation

An issued United States grant.

United States Patent

US 11,847,675 B2

Title
Method and system for facilitating a marketplace for labor arbitrage
Patent number
US 11,847,675 B2
Date granted
December 19, 2023
Inventors
Bill Borden Shook · David Cho
Issued claims
20
Drawing sheets
17
  1. 2020

    Provisional patent application filed

  2. 2023

    U.S. Patent 11,847,675 B2 issued

  3. Now

    Exploring licensing and use-case assessment

An issued U.S. patent is defined by its claims. It does not automatically confer broad control over escrow, artificial intelligence, tokenization, real estate, or protection in other national jurisdictions.

06 — Inventors

The co-inventors.

BBS

Bill Borden Shook

Co-inventor · Business strategy & international trade

Co-founded Trade Engine. Extensive experience in technology venture development, strategy, international business consulting and market development.

DC

David Cho

Co-inventor · Technical architecture

CTO and technical architect of Trade Engine. B.S. in Mathematics and Statistics, California State University, Long Beach. Experience in enterprise architecture, software engineering, systems integration, DevOps, DOD, modernization, and defense-related software programs.

07 — Licensing & Commercial Opportunities

Bring GTS Technology Into Your Business.

GTS is seeking partners to assess practical applications and commercial feasibility.

Technology companies could explore licensing applicable GTS patent rights to develop differentiated software, add platform verification capabilities, and pursue potential subscription, service, or transaction-related revenue in new markets—not existing or guaranteed revenue.

  • 01

    Patent licensing

    Explore commercial licensing arrangements involving applicable GTS patented methods for relevant software platforms, products, and services.

  • 02

    Joint development & integration

    Collaborate on new applications or integrate GTS-inspired verification and contracting workflows into existing systems.

  • 03

    Pilot programs

    Evaluate specific industry applications through limited projects measuring efficiency, verification accuracy, administrative costs, and operational performance.

  • 04

    Strategic IP partnerships

    Explore broader commercialization arrangements, including potential intellectual-property acquisition discussions, subject to due diligence and ownership rights.

How We Work With Technology Partners

Companies can engage with GTS in two primary ways, depending on their existing engineering capabilities and how much technical planning or integration assistance they want.

Path A

Direct Patent Licensing

For companies with existing engineering capabilities

Companies with established technology platforms and engineering teams may explore licensing applicable GTS patented methods for integration into existing products or development of new commercial applications. Following technical and legal evaluation, the parties could negotiate defined licensing rights, commercial terms, and implementation responsibilities. The licensee would typically manage development, deployment, and ongoing operation of its own system.

Potential GTS compensation
Negotiated upfront licensing fees, ongoing royalties, annual minimum commitments, or other agreed licensing structures.
Key advantage
A company may be able to license applicable patent rights without requiring GTS to build or operate the company's software.

Licensing remains subject to verification of current patent ownership, licensing authority, applicable claims, and contractual terms.

Path B

Collaborative Development & Licensing

For companies seeking technical planning or integration assistance

Organizations interested in GTS technology may begin with a scoped feasibility assessment to identify relevant patent elements, technical requirements, integration opportunities, and measurable business objectives. The partner's engineering team or an agreed development provider could then build and evaluate a controlled pilot, with GTS providing agreed technical coordination and patent-related input. If the pilot demonstrates sufficient value, the parties may negotiate commercial licensing and broader implementation.

Potential GTS compensation
Paid feasibility assessments, agreed development or milestone fees, upfront licensing fees, and ongoing royalties where appropriate.
Key advantage
A structured process for companies that want to evaluate and develop the technology before committing to commercial deployment.

The Collaborative Development Process

The four stages below primarily describe the collaborative development path. They are not mandatory: a company pursuing direct patent licensing may negotiate rights without commissioning a feasibility assessment or pilot through GTS.

  1. 01

    Initial Discussion

    What happens
    GTS and the prospective partner discuss the company's existing platform, operational challenges, business objectives, and the potential relevance of the patented technology.
    What the company receives
    An initial identification of a business application worth evaluating.
    Commercial structure
    An introductory discussion, ordinarily without a fee.
  2. 02

    Technical Feasibility Assessment

    What happens
    The parties evaluate relevant patent elements, existing system architecture, integration requirements, technical risks, development responsibilities, and business objectives.
    What the company receives
    An agreed feasibility report, proposed integration architecture, technical requirements, estimated implementation scope, and pilot plan.
    Commercial structure
    A negotiated fixed-fee assessment, where appropriate.
  3. 03

    Pilot Development & Evaluation

    What happens
    The partner's engineering team or an agreed development firm builds a limited implementation in a controlled environment. GTS participates according to agreed technical, patent-related, and coordination responsibilities.
    What the company receives
    A limited test implementation, documented evaluation results, identified technical risks, and recommendations for possible commercialization.
    Commercial structure
    Partner-funded development or contracted milestone payments.
  4. 04

    Commercial Licensing & Expansion

    What happens
    If the technology demonstrates sufficient value, the parties may negotiate applicable licensing rights, financial terms, implementation responsibilities, reporting requirements, and commercialization plans.
    What the company receives
    A negotiated commercial license and any separately agreed technical deliverables or support.
    Commercial structure
    Potential upfront licensing fees, recurring royalties, annual minimums, or other negotiated compensation.

What GTS may provide

  • Patent-related technical knowledge and documentation
  • Identification of relevant patented workflow elements
  • Proposed system and integration specifications
  • Feasibility and pilot planning
  • Agreed technical coordination
  • Commercial licensing discussions

What the partner may provide

  • Existing software platforms and customer applications
  • Engineering resources or development funding
  • System architecture information and integration access
  • Test environments and operating requirements
  • Pilot participants and performance measurements
  • Production operations, security, and applicable regulatory compliance

Specific responsibilities, technical deliverables, development ownership, and intellectual-property rights would be established through negotiated agreements.

GTS is not represented as offering a production-ready software SDK, hosted API, software platform, or fully staffed implementation organization. Specific technical resources and responsibilities would be defined through negotiated agreements.

Depending on the engagement, commercial arrangements may include paid feasibility assessments, partner-funded pilots, upfront licensing fees, ongoing royalties, or broader strategic IP agreements.

Explore What GTS Could Mean for Your Organization.

Whether your organization is interested in technology licensing, a development partnership, a pilot program, or a broader strategic opportunity, we welcome an introductory discussion.

Discuss an Integration or Licensing Opportunity

billshook@globaltrustsystem.com

Opens a pre-addressed email in your email app.

Licensing and acquisition discussions are subject to verification of current ownership, authority to license, applicable patent scope, and appropriate agreements. Proposed applications are not automatically covered by the issued patent claims.