Patent · US Expired

System and method for contract authority

US7222109B1 · kind B1 · utility

35Cited by
35References
88Claims
0Family size

Assignee

Inventors

Key dates

Filing dateOct 30, 2000
Grant dateMay 22, 2007
Priority date
Expiry dateNov 28, 2021

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q50/188
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A contract authority for use by an automated system of record and an automated negotiations engine for iterative, multivariate negotiations which stores each set of terms proposed at each iteration to form the basis of the system of record. The contract authority of the invention assigns a unique identifier to each negotiated transaction and enables the participants to use that number to track all activities against the transaction for analysis and reporting purposes.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.