Market design for a resource exchange system
US8108248B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Mar 6, 2009 |
| Grant date | Jan 31, 2012 |
| Priority date | — |
| Expiry date | Jul 29, 2030 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/12
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
Providing a market design for a peer-to-peer resource exchange system. Prices for a plurality of resources such as storage space, upload bandwidth, and download bandwidth are calculated and balanced based on previous resource prices, a supply of the resources, and a demand for the resources. Further, prices for operations such as storage and retrieval are determined such that a total of the payments to resource suppliers equals a total of the payments received from the resource consumers. In some embodiments, incoming data operation requests are allocated to the peers such that equilibrium among the peers is achieved.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.