THE PATENT TEAM
Scott Smith is the inventor of the Financial Freedom Plan as presented in his book Fixing America. He developed the plan after years of research into the interplay between the monetary and material economies.​
Scott developed the architecture and derivatives for the first successful mixed-property commercial mortgage backed security, which he launched with DLJ in 1993. In underwriting the loans in that pool, it dismayed him to find that most of the rent that the tenants in an apartment building pay go to cover the cost of financing, taxes, and government fees. Later, his research showed him that this was the case in many of the layers of the supply chain. He concluded the monetary economy was the root behind inflation and the growing divide between the rich and the rest of society.​
​His quest for solutions to our economic problems was inspired when, as a pioneer in the mortgage backed securities industry, he first saw the impact that the monetary economy has on our standard of living.​
Scott was determined to solve this problem. Not one to buy into political ideology, he approached the problem from a business and engineering perspective—could he develop and patent the ideal national financial operating system—one that optimized the well being of all citizens? He saw the problem as a business and financial technology problem, not as a partisan issue.
In 2000, Scott co-founded a company that launched cutting edge parallel processing technologies, where he learned the value of patents. In 2010, he founded FinaTech, where his team successfully developed a robust portfolio of financial patents. This became the basis for the IP for the computational technologies needed to support the financial structures for taxation and banking that Scott proposes in the Financial Freedom Plan.
JC Boggs is a senior partner at the firm of King and Spalding, where he advises clients on governmental matters. He joined Federal Financial's team when he first learned of and saw the value in the research that Scott was doing on the financial operating system behind our nation's tax and banking operating systems. Since then they have partnered on numerous business ventures.
Chris Smith has fifteen years of experience in prosecuting financial technology patents. His background in emerging technologies and neural networks at Stanford University enable him to decode financial solutions in terms of the computational technologies necessary to execute the solutions.
Matt Macari is a principle in the law firm Skaar, Ulbrich, and Macari. He is the lead on the prosecution of the various inventions that Scott, Kevin, and Chris develop, creating the legal framework and developing the claims that cover each invention and any derivatives thereof.