Method and system for data repository
US7110965B1 · kind B1 · utility
Assignee
Inventor
Key dates
| Filing date | Dec 30, 1999 |
| Grant date | Sep 19, 2006 |
| Priority date | — |
| Expiry date | Oct 23, 2021 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/0611
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method and system for electronically selling a data item such as a song, a literature piece or a picture. A data repository is used for a seller to store the data item that the seller wishes to sell for a fee. The data repository is accessible to a buyer who deposits a fund to the data repository prior to downloading the data item. Preferably, the data repository is connected to a telecommunication network such as the Internet so that the buyer can download the purchased data item directly through the telecommunication network. Preferably, the seller posts a price which is the maximum amount the seller wishes to collect and sets a minimum amount that the seller is willing to collect from the buyer for downloading the data item. Preferably, the buyer makes an offer to the data repository wherein a software program is used to check whether the offered price falls within the fee range as set by the seller.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.