FULL SERVICE TRADE SYSTEM

Patent №

US 6,151,588

Granted

2000-11-21

Filed 1998

Owner

Lab

AI components

2

nlp · planning

Assignment

None on record

Dataset

AIPD

2023_r1 edition

Application

09020740

A system stores criteria specified by a funder relating to trade transactions for buyers and sellers. The system compares the criteria with a proposed purchase order to determine whether the system can generate a payment guarantee on behalf of the funder for the buyer to the seller. The system also compares subsequent documents relating to an original purchase order with the original purchase order to ensure that the terms of the purchase order are properly fulfilled. When the appropriate conditions for payment are met, the system issues a funds transfer instruction to transfer payment from the buyer to the seller.

Natural languagePlanningG06Q 30/06G06Q 20/10G06Q 20/405G06Q 40/00G06Q 40/02G06Q 40/04

AI classification

Planning1.00
Natural language0.75
AI hardware0.20
Evolutionary computation0.14
Knowledge representation0.05
Vision0.00
Machine learning0.00
Speech0.00
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