Coordinating transactions for domain names administered using a domain name portfolio
US11570141B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | May 13, 2019 |
| Grant date | Jan 31, 2023 |
| Priority date | — |
| Expiry date | Oct 23, 2040 |
Classification
- Technology area (CPC H)Electricity
- CPC primaryH04L61/4511
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method for coordinating transactions for domain names to register a plurality of domain names with a domain name portfolio stored in a storage, such that each of the domain names in a plurality of domain names belongs to only the domain name portfolio as a unique member of the domain name portfolio; associate a portfolio account with the domain name portfolio, the portfolio account configured for managing a pool of funds available for use in payment of the transactions for said each of the domain names of the plurality of domain names; receive credit payment instructions attributed to the portfolio account, the credit payment instructions containing a credit payment amount; record the credit payment amount against the pool of funds in order to increase a level of the pool of funds; receive debit payment instructions associated with a domain name of the domain name portfolio and domain name transaction information associated with the transaction for the domain name; record the debit payment amount against the pool of funds in order to decrease the level of the pool of funds; and generate and send a periodic report over the network detailing the level of the pool of funds and the t…
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.