Method and system for transacting and negotiating business over a communication network using an infomediary computer
Number of patents in Portfolio can not be more than 2000
United States of America Patent
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N/A
Issued Date -
Sep 11, 2003
app pub date -
Mar 7, 2002
filing date -
Mar 7, 2002
priority date (Note) -
Abandoned
status (Latency Note)
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Abstract
An infomediary transaction system to facilitate the buying and selling of goods or services between buyers and sellers includes a buyer transaction processor configured to obtain buyer transaction preferences and develop a transaction request. An infomediary server is configured to remotely communicate with the buyer transaction processor, and is also configured to solicit and receive transaction offers from sellers of the goods or services. A negotiation proxy is configured to transmit the transaction request to the infomediary server, and is further configured to iteratively negotiate transactions with the infomediary computer in accordance with the transaction request. The buyer transaction handler receives the transaction offers from the infomediary computer and presents selected transaction offers to the buyer to achieve buyer-driven transactions.
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