Method and system for automatic brokered transactions

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 6999589
APP PUB NO 20030044015A1
SERIAL NO

09941877

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Abstract

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A method and system for brokering a transaction between a plurality of wireless communication devices is disclosed. The method and system includes enabling a plurality of wireless devices to communicate with one another, allowing a user to enter a request related to an object to be brokered into a first enabled wireless device, and exchanging the request with a plurality of enabled wireless devices. The system and method also includes receiving a response to the request by a third party facilitator from a user of a wireless device interested in completing the transaction. The third party facilitator will then complete the transaction between users of the first wireless device and the wireless device interested in completing the transaction. In another aspect of the present invention, at least one wireless broker device helps disseminate the request from the first wireless device to the wireless device interested in completing the transaction. The system and method includes concealing the identity of a user of the wireless device from which a broker device received the request, thereby preserving the broker device's profit interests in the transaction, and distributing transaction proceeds to the at least one wireless broker devices.

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First Claim

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Patent Owner(s)

Patent OwnerAddress
INTERNATIONAL BUSINESS MACHINE CORPORATIONNEW ORCHARD ROAD ARMONK NY US 10405

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Cato, Robert Thomas Raleigh, NC 41 1725
Do, Phuc Ky Morrisville, NC 36 750
Maximilien, Eugene Michael Raleigh, NC 11 255

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