Automated bandwidth exchange node system
Number of patents in Portfolio can not be more than 2000
United States of America Patent
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N/A
Issued Date -
Sep 26, 2002
app pub date -
May 3, 2001
filing date -
Mar 26, 2001
priority date (Note) -
Abandoned
status (Latency Note)
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Abstract
A method and apparatus are provided in an integrated platform for automatic network data transport, procurement contracting, provisioning, contract fulfillment, customized billing feeds, and securing of bandwidth derivative financial instruments. This is achieved through the use of multiple bandwidth exchange nodes within carrier-neutral facilities at geographically separate locations. The system and apparatus provide contracted bandwidth between nodes as negotiated by virtual user and carrier agents, enabling for the securing of capacity futures contracts as well as a real-time means to determine current market pricing for bandwidth contracts and derivatives. This system creates the basis for a liquid bandwidth commodity and derivatives marketplace.
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