Invention Grant
- Patent Title: Electronic bartering system
- Patent Title (中): 电子易货系统
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Application No.: US11961294Application Date: 2007-12-20
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Publication No.: US07680726B2Publication Date: 2010-03-16
- Inventor: Richard B Himmelstein
- Applicant: Richard B Himmelstein
- Applicant Address: US PA King of Prussia
- Assignee: BarterSecurities, Inc.
- Current Assignee: BarterSecurities, Inc.
- Current Assignee Address: US PA King of Prussia
- Agency: Lech Law, LLC
- Agent Robert R. Lech
- Main IPC: G06F17/60
- IPC: G06F17/60

Abstract:
A bartering system implements barters between a plurality of parties each having one or more classes of items available for barter. Preferably, barter orders are created by designating a selected quantity of a first class of items to be bartered, designating a date range for transferring title of the first class items to be bartered, designating a barter value of the first class of items to be bartered, and designating a second class of items to be acquired. Barter orders are posted via the Internet to a barter database and may be displayed via the Internet. Posted barter orders whose first class of items match the second class of items of a barterer's order are preferably displayed. Posted barter orders from the display are selected to effectuate a barter transaction which combines a barterer's barter order with the selected posted order(s).
Public/Granted literature
- US20080097930A1 ELECTRONIC BARTERING SYSTEM Public/Granted day:2008-04-24
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