Non-Monetary Trading System
OwnerBarbara Bashaminventor
Life of this patent
Estimating the term…
Abstract
Systems and methods that enable users to trade items such as clothing and accessories through non-monetary exchanges. In one embodiment, a web site system enables trading of items based upon a point system that is similar to an auction, but no money is exchanged. Points are given to users in exchange for items that are traded away, and points are traded in for desired items. Effectively, in order to obtain one item, another item has to be traded away. The web site enables automated searching and other functions based upon personal information associated with users. The web site also provides opportunities for either unused items or points to be traded (donated) to charitable organizations.
Claims5
An electronic computer system comprising:
- a server computer that executes a software application configured to enable users to trade items including clothing and accessories in non-monetary transactions, wherein the software application includes:
- a user account module which is configured to track points associated with each user, wherein the user accumulates points through transactions in which items are traded away and wherein the user spends points through transactions in which items are acquired;
- an auction module which is configured to enable the transactions in which items are traded away or acquired.
Dependencies are inferred from the claim text.