Horological functions in commercial transactions using time cells

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 11176551
APP PUB NO 20190019799A1
SERIAL NO

16100347

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Abstract

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A method and system for controlling a commercial transaction is presented. An article of manufacture has a time cell that is read by an electronic apparatus. In response to a determination of a state of the time cell by the electronic apparatus, usage of the article of manufacture in a commercial transaction is enabled or denied based on the determined state of the time cell. The expiration period of a time cell controls the time period during which the commercial transaction is enabled or is denied to be performed; an unexpired time cell may both enable or deny performance of a commercial transaction, and an expired time cell may also both enable or deny performance of a commercial transaction. The time cell may be used to restrict the usage period of a coupon, a promotional offer, a pre-paid service, or some other commercial transaction that involves an article of manufacture.

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Patent Owner(s)

Patent OwnerAddress
INTERNATIONAL BUSINESS MACHINES CORPORATIONNEW ORCHARD ROAD ARMONK NY 10504

International Classification(s)

Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Berstis, Viktors Austin, US 210 9179

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Maintenance Fees

Fee Large entity fee small entity fee micro entity fee due date
3.5 Year Payment $1600.00 $800.00 $400.00 May 16, 2025
7.5 Year Payment $3600.00 $1800.00 $900.00 May 16, 2029
11.5 Year Payment $7400.00 $3700.00 $1850.00 May 16, 2033
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Surcharge - 3.5 year - Late payment within 6 months $160.00 $80.00 $40.00
Surcharge - 7.5 year - Late payment within 6 months $160.00 $80.00 $40.00
Surcharge - 11.5 year - Late payment within 6 months $160.00 $80.00 $40.00
Surcharge after expiration - Late payment is unavoidable $700.00 $350.00 $175.00
Surcharge after expiration - Late payment is unintentional $1,640.00 $820.00 $410.00