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US 7,734,497 B2Granted
Method, system, and storage medium for implementing transaction-based data exchange
AssigneeInternational Business Machines Corporation
InventorsEdward E. Kelley, Tijs I. Wilbrink, John H. Bickford
Life of this patent
Estimating the term…
Abstract
A method for implementing transaction-based data exchange. The method includes transferring information relating to a product via a transmission means selected by an individual at a computing device requesting the information. The information includes at least one of warranty information, accounting information, pricing information, and product details. The method further includes calculating a net worth relating to the product, and updating a financial application associated with the individual with results of the calculating.
Claims51
A method for implementing transaction-based data exchange updates by one or more computer processors in communication over a communication network, the method comprising:
- transferring, via a data exchange system application executing on at least one of the computer processors, information relating to a product that is transferred via a transmission means selected by an individual using one of the computer processors, the individual requesting the information, the information including warranty information, accounting depreciation instructions, pricing information, and product details;
- acquiring accounting instructions, the accounting instructions originating from government regulation and based on a geographic location of the individual, the acquiring based on at least one of:
- automatically identifying the geographic location of the individual;
- and
- evaluating existing accounting information, the existing accounting information stored on a client system of the individual and accessible by the data exchange system;
- calculating, by the one or more computer processors, a current net worth of the product, the current net worth determined using;
- product information supplied at time of purchase, the product information including:
- product specifications;
- product identification information;
- warranty information;
- promotions;
- discounts;
- preferred customer pricing;
- and
- service information;
- and
- the accounting instructions in combination with elapsed time since date of purchase, the accounting instructions comprising the accounting instructions;
- comparing, by the data exchange system application, results of the calculating with historical accounting information, the historical accounting information including factors that are determined to impact the current net worth, the factors including at least one of:
- depreciation due to market place factors;
- and
- changes in technology related to the product;
- adjusting, by the data exchange system application, the results of the calculating based on the comparing;
- and
- updating, via the selected transmission means, a financial application of the computer processor associated with the individual, the financial application updated with the adjusted results of the calculating;
- providing results of the updating to the individual.
22 more elements
A storage medium encoded with machine-readable program code for implementing transaction-based data exchange, which when executed by the computer cause the computer to implement a method, comprising:
- transferring, via a data exchange system application executing on at least one of the computer processors, information relating to a product that is transferred via a transmission means selected by an individual using one of the computer processors, the individual requesting the information, the information including warranty information, accounting depreciation instructions, pricing information, and product details;
- acquiring accounting instructions, the accounting instructions originating from government regulation and based on a geographic location of the individual, the acquiring based on at least one of:
- automatically identifying the geographic location of the individual;
- and
- evaluating existing accounting information, the existing accounting information stored on a client system of the individual and accessible by the data exchange system;
- calculating, by the one or more computer processors, a current net worth of the product, the current net worth determined using:
- product information supplied at time of purchase, the product information including:
- product specifications;
- product identification information;
- warranty information;
- promotions;
- discounts;
- preferred customer pricing;
- and
- service information;
- and
- the accounting instructions in combination with elapsed time since date of purchase, the accounting instructions comprising the accounting instructions;
- comparing, by the data exchange system application, results of the calculating with historical accounting information, the historical accounting information including factors that are determined to impact the current net worth, the factors including at least one of:
- depreciation due to market place factors;
- and
- changes in technology related to the product;
- adjusting, by the data exchange system application, the results of the calculating based on the comparing;
- and
- updating, via the selected transmission means, a financial application of the computer processor associated with the individual, the financial application updated with the adjusted results of the calculating;
- providing results of the updating to the individual.
22 more elements
A system for implementing transaction-based data exchange, comprising:
- a processor configured to execute a data exchange system application;
- and
- at least one client system, the at least one client system connected to the data exchange system over a network, the data exchange system application performing a method comprising:
- transferring, via a data exchange system application executing on at least one of the computer processors, information relating to a product that is transferred via a transmission means selected by an individual using one of the computer processors, the individual requesting the information, the information including warranty information, accounting depreciation instructions, pricing information, and product details;
- acquiring accounting instructions, the accounting instructions originating from government regulation and based on a geographic location of the individual, the acquiring based on at least one of:
- automatically identifying the geographic location of the individual;
- and
- evaluating existing accounting information, the existing accounting information stored on a client system of the individual and accessible by the data exchange system;
- calculating, by the one or more computer processors, a current net worth of the product, the current net worth determined using:
- product information supplied at time of purchase, the product information including:
- product specifications;
- product identification information;
- warranty information;
- promotions;
- discounts;
- preferred customer pricing;
- and
- service information;
- and
- the accounting instructions in combination with elapsed time since date of purchase, the accounting instructions comprising the accounting instructions;
- comparing, by the data exchange system application, results of the calculating with historical accounting information, the historical accounting information including factors that are determined to impact the current net worth, the factors including at least one of:
- depreciation due to market place factors;
- and
- changes in technology related to the product;
- adjusting, by the data exchange system application, the results of the calculating based on the comparing;
- and
- updating, via the selected transmission means, a financial application of the computer processor associated with the individual, the financial application updated with the adjusted results of the calculating;
- providing results of the updating to the individual.
25 more elements
Dependencies are inferred from the claim text.