US 2006/0041517 A1 · System, method and apparatus for exchanging currency, goods and services using a public network

Abstract

A system, method and apparatus where one party's item or plurality of items can be electronically exchanged for currency, goods and services or plurality of currency, goods and services of another party using a public network such as the internet. Users of the invention can create offers and make payment using currency, goods, services or a combination of currency, goods and services. A computer will store in a central database a list of items that are searchable to users of the system and items which are available for exchange. Users can store in a central database, items and services associated with the said user, to be available as a resource for an electronic exchange. The invention will provide the system, rules and processes in beginning, negotiating and completing an exchange. Invention will provide user interfaces, database search capabilities, user rating features and account management features to facilitate electronic exchanges.

Claims20

Dependent claims

1) the system and method for exchanging an item or plurality of items between two users over a communications network such as the internet, the said method comprising:

registering users to the system
creating a data profile of the said item
saving an item associated with a registered user to a central database
items are subjected to approval by a super user before being searchable by other users
searching a database based on item criteria
begin an exchange between two users
negotiating an exchange between two users
completing an exchange between two users
process a payment for the completion of a transaction

6 more elements

12) Method and apparatus to convert system information and data into a format displayable by internet browser software and to convert input or collected data from internet browser software into a format that is readable or collectable by a computer system for the sole purpose of implementing a system for exchange, the said method comprising:

Displaying database items pertaining to exchangeable items using an internet browser software
Displaying database items pertaining to saleable items using an internet browser software
Displaying information associated with a unique user using internet browser software
Displaying electronic messages and capturing an electronic message input for items, wherein the said items are not associated with the said user and wherein the said items are categorized as sale, using internet browser software.
Displaying electronic messages and capturing an electronic message input for items, wherein the said items are categorized as sale and wherein the said items are associated with the said user, using internet browser software.
Displaying electronic messages and capturing electronic message input for items, wherein the said items are categorized as exchange, wherein the said items are not associated with the said user, using internet browser software
Displaying electronic messages and capturing electronic message input for items, wherein the said items are categorized as exchange, wherein the said items are associated with the said user, using internet browser software
Displaying and capturing item or items that is to be bookmarked for purchase at a later time
Displaying an item or plurality of items and associated item information, wherein item or items displayed are to be used in a transaction where payment will be made using currency.
Interface to capture user input for the insertion of item or items to be used in a transaction where payment will be made in currency, wherein item or items are saved into a central database
Displaying and capturing item or items that are bookmarked for exchange at a later time
Displaying an item or plurality of items and associated item information, wherein item or items displayed are to be used in a transaction where payment will be made using the said item or items.
Interface to capture user input for the insertion of item or items to be used in a transaction where payment will be made using the said item, wherein item or items are saved into a central database
Interface to display data and information associated with a negotiation or plurality of negotiations involving the said user
Interface to display data and information associated with a negotiation of a specific item or plurality of items involving the said user

12 more elements

Dependencies are inferred from the claim text.

System, method and apparatus for exchanging currency, goods and services using a public network

Life of this patent

System, method and apparatus for exchanging currency, goods and services using a public network

Life of this patent

Abstract

Claims20