Method and system for consumption based redemption in an exchange item marketplace network
US10679267B2 · kind B2 · utility
Assignee
Inventor
Key dates
| Filing date | Sep 23, 2016 |
| Grant date | Jun 9, 2020 |
| Priority date | — |
| Expiry date | Apr 21, 2038 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/0236
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method begins with a server in a data communication system identifying an instance for a user computing device associated with an exchange item to utilize the exchange item for acquisition of a particular item, where the particular item has an acquisition value. For the instance, the method continues with the server determining whether a quantifiable value of the exchange item compares favorably to the acquisition value, where a set of exchange item rules includes rules established by an issuing server regarding use of the exchange item with respect to the particular item. When the quantifiable value of the exchange item does not compare favorably to the acquisition value, the method continues with the server determining an alternative exchange item utilization protocol to facilitate the acquisition of the particular item and when requested, executing the alternative exchange item utilization protocol to facilitate the acquisition of the particular item.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.