System for collaborative transactions
AssigneeHIODZ Limited
InventorRic B. Richardson
Life of this patent
Estimating the term…
Abstract
A dedicated device for permitting time-based collaborative contributions for services, said dedicated device in communication with a database; the dedicated device adapted to receive input from one or more users; said device permitting said users individually and separately to make a contribution in a predetermined amount towards a designated target contribution amount.
Claims13
A dedicated device implementing time-based collaborative contributions for goods or services, said dedicated device comprising:
- a computer in communication with a database containing information on goods and services
- an input device in communication with the computer adapted to receive input from a plurality of users, the input device associating each user with a contribution, forming a plurality of contributions, in a predetermined amount towards a designated target contribution amount associated with one or more goods or services until a predetermined time period expires;
- an output device in communication with the computer wherein responsive to a contribution being made the computer updates and displays on the output device, a numerical indicator of a proportion of the designated target contribution amount contributed;
- and
- a timer in communication with the computer wherein responsive to the expiration of the predetermined time period and satisfaction of the designated target contribution amount, the computer randomly selects one of the plurality of contributions and thereby delivers goods or services to the user associated with the randomly selected contribution, and displays on the output device the selected one of the plurality of contributions.
A method for awarding benefit of a transaction to one entity of a plurality of entities that collaborate on said transaction, said method comprising:
- publicising the benefit of the transaction;
- publicising a predetermined period of time by which the transaction must be concluded;
- publicising a predetermined number of contribution portions that comprise the transaction;
- distributing said predetermined number of contribution portions to the plurality of entities within said predetermined period of time;
- and
- responsive to said predetermined number of contribution portions being distributed by said predetermined time, selecting one contribution portion and an entity associated with that contribution portion thereby awarding benefit of the transaction.
A non-transitory computer-readable storage medium tangibly embodying a program of instructions executable by a machine wherein said program of instruction comprises a plurality of program codes for awarding benefit of a transaction to one entity of a plurality of entities that collaborate on said transaction, said program of instruction comprising:
- program code for publicising the benefit of the transaction;
- program code for publicising a predetermined period of time by which the transaction must be concluded;
- program code for publicising a predetermined number of contribution portions that comprise the transaction;
- program code for distributing said predetermined number of contribution portions to the plurality of entities within said predetermined period of time;
- and
- responsive to said predetermined number of contribution portions being distributed by said predetermined time, program code for selecting one contribution portion and an entity associated with that contribution portion thereby awarding benefit of the transaction.
Dependencies are inferred from the claim text.