Transparent commodity trading networks and methods of facilitating transactions among buyers and sellers of products and services
US8532565B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Feb 8, 2011 |
| Grant date | Sep 10, 2013 |
| Priority date | — |
| Expiry date | Feb 8, 2031 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q50/188
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A transparent commodity trading network facilitates transactions among parties. A plurality of mobile communications devices are each configured to broadcast product/service needs and/or product/service offerings of a party associated with the respective mobile communications device. Each mobile communications device is configured to receive product/service needs and/or product/service offerings broadcast by other mobile communications devices when respective mobile communications devices pass within a predetermined distance of each other. Each mobile communications device is configured to identify when a product/service need or product/service offering broadcast by another mobile communications device matches a corresponding product/service offering or broadcast product/service need broadcast by the respective mobile communications device. A transaction service that is accessible by each mobile communications device is configured to allow two parties that have a matching broadcast product/service need and offering to identify and communicate with each other.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.