System and method for an online exchange of private data
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United States of America Patent
Stats
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N/A
Issued Date -
Jul 12, 2007
app pub date -
Dec 23, 2005
filing date -
Dec 23, 2005
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Abstract
Based on the small world theory of networking, the present invention provides access to a previously unavailable source of private data, necessary for commerce, by facilitating the sale of private data from members of the general public. For example, the seeker of private data, such as consumer information, submits a data request to an online portal system. The request submission includes legal representations stating the legally permissible purpose for seeking the information. The portal system may display the data request to registered data providers, based on their demographic data. The system facilitates the exchange between the data buyer and the data provider. A payment invoice can be generated and electronically presented by the portal system. The payment may be electronically debited from the designated account of a data. In addition, a portion of such funds may be retained by the portal entity.
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