System for interactive participation by remote bidders in live auctions
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United States of America Patent
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Aug 30, 2011
Grant Date -
Sep 13, 2007
app pub date -
Apr 23, 2007
filing date -
Dec 30, 1998
priority date (Note) -
In Force
status (Latency Note)
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Abstract
A distributed auction system allows remote bidders to interactively participate by computer in live auctions conducted on-site by an auctioneer. A client program that runs on the computers of the remote bidders displays real time auction status information extracted from status messages, and provides functionality of the remote bidders to submit live bids that are based on such status information. A network of nodes may be used to filter out invalid bids from the remote bidders so that such bids need not be processed by an auction server.
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