Method and system for facilitating opportunistic transactions using auto-probes
US6778968B1 · kind B1 · utility
Assignee
Inventor
Key dates
| Filing date | Mar 17, 1999 |
| Grant date | Aug 17, 2004 |
| Priority date | — |
| Expiry date | Mar 17, 2019 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/06
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
An automated internet based exchange system is described for controlling the exchanging of ownership interests in objects on a secondary market. The automated exchange includes one or more sub-exchanges for maintaining information representative of secondary market transactions and for controlling said transactions. The automated exchange includes a secondary portfolio auction sub-exchange, a pricing and valuation services sub-exchange, an electronic contract negotiation services sub-exchange and a delivery and auditing service sub-exchange. The automated exchange also includes a logic switch manager that creates opportunistic auctions from a transaction for a product or service so as to trigger further auctions or service sales on the same or different secondary markets.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.