System and method for conducting adaptive search using a peer-to-peer network

A system for conducting an adaptive search using a peer-to-peer network, to provide competitive sales terms for any of a product or a service, comprising:

• a source node that transmits an original message to a first receiving node in the peer-to-peer network, requesting the competitive sales terms of the first receiving node;
• wherein the original message contains a criterion set by the source node;
• wherein the criterion contains a fixed component and an adaptive update component;
• wherein if the criterion is met by the first receiving node, the first receiving node modifying the adaptive update component of the original message to include the competitive sales terms of the first receiving node, and generating a corresponding modified message;
• wherein the fixed component of the criterion is set by the source node and remains invariable as the original message and the corresponding modified message are broadcast through the peer-to-peer network;
• the first broadcasting node broadcasting the modified message, including the competitive sales terms of the first receiving node, to at least a second receiving node in the peer-to-peer network, requesting the competitive sales terms of the at least second receiving node;
• wherein if the criterion is met by the at least second receiving node, the at least second receiving node modifying the adaptive update component of the modified message to include the competitive sales terms of the at least second receiving node, and generating a corresponding modified message, thus automatically securing favorable negotiation terms for any of the product or service.

A computer program product having a plurality of executable instruction codes that are stored on a computer-readable medium, for conducting an adaptive search using a peer-to-peer network, to provide competitive sales terms for any of a product or a service, comprising:

• a source node that transmits an original message to a first receiving node in the peer-to-peer network, requesting the competitive sales terms of the first receiving node;
• wherein the original message contains a criterion set by the source node;
• wherein the criterion contains a fixed component and an adaptive update component;
• wherein if the criterion is met by the first receiving node, the first receiving node modifies the adaptive update component of the original message to include the competitive sales terms of the first receiving node, and generating a corresponding modified message;
• wherein the fixed component of the criterion is set by the source node and remains invariable as the original message and the corresponding modified message are broadcast through the peer-to-peer network;
• the first broadcasting node broadcasts the modified message, including the competitive sales terms of the first receiving node, to at least a second receiving node in the peer-to-peer network, requesting the competitive sales terms of the at least second receiving node;
• wherein if the criterion is met by the at least second receiving node, the at least second receiving node modifying the adaptive update component of the modified message to include the competitive sales terms of the at least second receiving node, and generating a corresponding modified message, thus automatically securing favorable negotiation terms for any of the product or service.