System and method for IP bandwidth trading
US7236575B2 · kind B2 · utility
28Cited by
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26Claims
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Key dates
| Filing date | Sep 25, 2003 |
| Grant date | Jun 26, 2007 |
| Priority date | — |
| Expiry date | Jun 18, 2025 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q10/00
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method and system for trading IP bandwidth in an exchange environment. Participating members of the exchange register their IP route destinations with the exchange. The exchange collects buy and sell orders, which include parameters such as the desired destination, price and quality of the routes. The buy and sell orders are matched based on the specified parameters, and lists of matched orders are forwarded to members' routers for execution of the trades. The exchange settles the executed trades by issuing invoices in accordance with the buyer members' usage of the bandwidth offered by the seller members.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.