Invention Grant
- Patent Title: Method and system for a digital automated exchange
- Patent Title (中): 数字自动交换的方法和系统
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Application No.: US11982852Application Date: 2007-01-26
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Publication No.: US07685059B2Publication Date: 2010-03-23
- Inventor: Roger G. Brown , Charles A. Richter , Richard A. Shannon , David Bittle
- Applicant: Roger G. Brown , Charles A. Richter , Richard A. Shannon , David Bittle
- Applicant Address: US TX Austin
- Assignee: Roger G. Brown
- Current Assignee: Roger G. Brown
- Current Assignee Address: US TX Austin
- Agency: The Jansson Firm
- Agent Pehr B. Jansson
- Main IPC: G06Q40/00
- IPC: G06Q40/00

Abstract:
A method and system exchanges assets defined as digital automated equities which are objects instantiated with attributes of an asset. Digital automated equities are registered on a common system exchange as offeror mediary objects and matched by comparing their attributes. Capital exchange offer objects define desired matches by identifying a digital automated equity associated with an exchange offer, a exchange price for the exchange and one or more conditions associated with the exchange. A match use case compares attributes of capital exchange offers to determine matches based on the closeness of the capital exchange offers and a negotiate transaction use case supports communication between owners associated with close capital exchange offers to alter attributes in response to a match. Once a transaction is complete, a settle transaction use case exchanges the digital automated equities. Digital automated equities may include a variety of assets, including intellectual property such as patents and trademarks, business plans, stock and confidential information. Further, the present invention provides a secure format for exchange of confidential information in stages.
Public/Granted literature
- US20080228640A1 Method and system for a digital automated exchange Public/Granted day:2008-09-18
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