Decentralized internet shopping marketplaces
AssigneeOmniBazaar, Inc.
InventorRichard R. Crites
Life of this patent
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AssigneeOmniBazaar, Inc.
InventorRichard R. Crites
Estimating the term…
A method, medium, and system are provided to facilitate local or global exchange of goods and services through a decentralized network of peer-to-peer (P2P) nodes. In one aspect of the disclosure, the nodes may be maintained or operated by the participants in the marketplace system. In one aspect, the system may operate on both desktop and mobile devices. In one aspect, the system operates with decentralized data storage. In one aspect, the system operates with a decentralized system of incentives for participation of nodes. In one aspect, the system operates with decentralized communication. In one aspect, the system operates with a decentralized system to escrow payments between participants. In one aspect, the system operates with a decentralized system of load balancing. In one aspect, the system operates with a decentralized system by which certain listings can be prioritized in the network. In one aspect, the system operates with decentralized transaction processing. In one aspect, the system operates with a decentralized digital currency as the medium of exchange between participants.
A method of an electronic marketplace comprising the steps of:
A non-transitory computer-readable storage medium with an executable program stored thereon, wherein the program instructs a processor to perform the steps of:
Dependencies are inferred from the claim text.