Method and apparatus for a digital exchange item marketplace network including buyer, seller, and device verification

US10832298B2 · kind B2 · utility

Assignee

• Raise Marketplace, LLC · US

Inventors

• George Bousis · Chicago, US
• Steve Rdzok · Chicago, US
• Ren Wang · Portland, US
• Milo Todorovich · Libertyville, US
• Xiping Wang · Brevard, US
• Angela Taormina · Chicago, US

Key dates

• Filing date: Sep 25, 2015
• Grant date: Nov 10, 2020
• Expiry date: Sep 25, 2035

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q30/0643
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A method begins where a processing module receives, from a seller computing device, a request to sell an exchange item and verifies information regarding the seller computing device. The method continues where the processing module verifies information regarding the exchange item and adds the exchange item to a digital exchange item marketplace. The method continues where the processing module receives, from a buyer computing device, a request to buy a selected exchange item from the digital exchange item marketplace and verifies information regarding the buyer computing device. The method continues where the processing module verifies payment information, processes payment, removes the selected exchange item from the digital exchange item marketplace, and adds the selected exchange item to a digital wallet associated with the buyer computing device.