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US 2022/0036443 A1Published application
Method and system of electronic bartering
OwnerMichael C. Smeltzerinventor
Life of this patent
Estimating the term…
Abstract
A system and method for electronic bartering where users capture an image of a tradeable item, search for other tradeable items, and make a bartering offer to another user whereby the bartering transaction is recorded. The barter transactions are analyzed for consumer habits and trends information where users may be presented information calculated from the analyzed barter transactions to determine the barter value and market value of their tradeable items and how to make best estimates when to barter their tradeable items and how to improve their bartering efficiency.
Claims20
An electronic bartering system comprising:
- a computing system having a non-transitory computer-readable medium comprising code, the computing system having one or more processors coupled to one or more databases over a network, the one or more processors implementing steps of:
- receiving a first image of a first tradeable item from a first user on a first computing device, wherein the first image is stored in the one or more databases and associated with image information data and profile data of the first user;
- classifying the first image and the image information data to the first tradeable item wherein the first tradeable item is presented on a second computing device as available for a bartering transaction;
- receiving a second image of a second tradeable item from a second user on the second computing device, wherein the second image is stored in the one or more databases and associated with image information data and profile data of the second user;
- classifying the second image and the image information data to the second tradeable item wherein the second tradeable item is presented on the second computing device as available for bartering;
- displaying on the first computing device a selectable input graphical user interface, the selectable input graphical user interface having images of tradeable items available for bartering;
- receiving from the first computing device request data for a request to receive the second tradeable item in exchange for the first tradeable item and storing the request data in the one or more databases;
- transmitting the request to the second computing device as an offer for bartering;
- receiving from the second computing device acceptance data for the request to receive the first tradeable item in exchange for the second tradeable item and storing the acceptance data in the one or more databases;
- recording the barter transaction for the exchange of the first tradeable item and the second tradeable item;
- updating the association of the profile data in the one or more databases associated with the first image and image information from the first user to the second user wherein the image is removed from a library of the first user and added to a library of the second user;
- and
- updating the association of the profile data in the one or more databases associated with the second image and image information from the second user to the first user wherein the image is removed from a library of the second user and added to a library of the first user.
10 more elements
An electronic bartering system comprising:
- a computing system having a non-transitory computer-readable medium comprising code, the computing system having one or more processors coupled to one or more databases over a network, the one or more processors implementing steps of:
- receiving a first image of a first tradeable item from a first user on a first computing device, wherein the first image is stored in the one or more databases and associated with image information data and profile data of the first user;
- classifying the first image and the image information data to the first tradeable item wherein the first tradeable item is presented on a second computing device as available for bartering;
- receiving a second image of a second tradeable item from a second user on the second computing device, wherein the second image is stored in the one or more databases and associated with image information data and profile data of the second user;
- classifying the second image and the image information data to the second tradeable item wherein the second tradeable item is presented on the second computing device as available for a bartering transaction;
- displaying on the first computing device a selectable input graphical user interface, the selectable input graphical user interface having images of tradeable items available for bartering;
- receiving from the first computing device request data for a request to receive the second tradeable item in exchange for the first tradeable item and storing the request data in the one or more databases;
- transmitting the request to the second computing device as an offer for a bartering transaction;
- and
- directing the second computing device to a barter modification screen wherein one or more additional tradeable items of the first user are presented for selection to add to or be modified into the bartering transaction.
7 more elements
An electronic bartering system comprising:
- a computing system having a non-transitory computer-readable medium comprising code, the computing system having one or more processors coupled to one or more databases over a network, the one or more processors implementing steps of:
- receiving a first image of a first tradeable item from a first user on a first computing device, wherein the first image is stored in the one or more databases and associated with image information data and profile data of the first user;
- translating the first image from a non-standardized format into a standardized format;
- classifying the first image and the image information data to the first tradeable item wherein the first tradeable item is presented on a second computing device as available for a bartering transaction;
- receiving a second image of a second tradeable item from a second user on the second computing device, wherein the second image is stored in the one or more databases and associated with image information data and profile data of the second user;
- translating the second image from the non-standardized format into the standardized format;
- classifying the second image and the image information data to the second tradeable item wherein the second tradeable item is presented on the second computing device as available for a bartering transaction;
- displaying on the first computing device a selectable input graphical user interface, the selectable input graphical user interface having images of tradeable items available for bartering;
- receiving from the first computing device, request data for a request to receive the second tradeable item in exchange for the first tradeable item and storing the request data in the one or more databases;
- transmitting the request to the second computing device as an offer for bartering;
- and
- directing the second computing device to a barter modification screen wherein one or more additional tradeable items of the first user are presented for selection to add for bartering.
9 more elements
Dependencies are inferred from the claim text.