System and method of conducting on-line auctions
US6847939B1 · kind B1 · utility
Assignee
Inventor
Key dates
| Filing date | Nov 18, 1999 |
| Grant date | Jan 25, 2005 |
| Priority date | — |
| Expiry date | Nov 18, 2019 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/08
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A system for conducting on-line auctions of products is disclosed. The system comprises (a) a database server system being for storing and providing on demand, information pertaining to a plurality of products to be auctioned, the database server system further being for receiving a number of bids on a product of the plurality of products when the product is auctioned, the number of the bids received being for determining a quantity of the product auctioned; and (b) a plurality of user clients each being operable by a specific user and each being for establishing communication with the database server system, each of the plurality of user clients being for receiving from the database server system information pertaining to the product auctioned and for relaying to the database server system a bid on the product auctioned.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.