Method of exchanging goods over the internet
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United States of America Patent
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-
Jan 25, 2005
Grant Date -
N/A
app pub date -
Sep 20, 1999
filing date -
Sep 20, 1999
priority date (Note) -
Expired
status (Latency Note)
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Abstract
A method and system is taught for coordinating the exchange of goods between parties over a communications network such as the internet. Users of the system can interact with a central computer to input data regarding items that they offer for exchange, as well as search criteria describing items that they would like to receive in exchange. A processor in the central computer searches records stored in a database to find and sort those records that satisfy the user's search criteria. A second test is then be performed to determine whether the information that the user input describing the item offered for exchange satisfies search criteria within the record. As a result, a match may be generated between two users who have input complementary criteria. The invention can also accommodate more complex exchanges between three or more parties.
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