Patent · US Expired

Methods and apparatus for facilitating transactions

US7577582B1 · kind B1 · utility

85Cited by
27References
31Claims
0Family size

Assignee

Inventors

Key dates

Filing dateJan 28, 2000
Grant dateAug 18, 2009
Priority date
Expiry dateJan 28, 2020

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q30/08
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

Methods and apparatus are described for facilitating transactions in a wide area network. Information relating to a transaction between a first party and a second party is provided to a third party via the wide area network. The third party is then enabled to facilitate consummation of the transaction between the first and second parties via the wide area network. According to a specific embodiment, the information includes a bid price associated with the first party and an ask price associated with the second party, the third party being enabled to cover at least part of a difference between the bid and ask prices via the wide area network.

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