Patent №
US 7,587,370
Granted
2009-09-08
Filed 2006
Owner
BARTERSECURITIES, INC.
Lab
—
AI components
2
planning · hardware
Assignment
Recorded
Dataset
AIPD
2023_r1 edition
Application
11406150
A bartering system implements barters between a plurality of parties each having one or more classes of items available for barter. Preferably, barter orders are created by designating a selected quantity of a first class of items to be bartered, designating a date range for transferring title of the first class items to be bartered, designating a barter value of the first class of items to be bartered, and designating a second class of items to be acquired. Barter orders are posted via the Internet to a barter database and may be displayed via the Internet. Posted barter orders whose first class of items match the second class of items of a barterer's order are preferably displayed. Posted barter orders from the display are selected to effectuate a barter transaction which combines a barterer's barter order with the selected posted order(s).
AI classification
Ownership
BARTERSECURITIES, INC.
assignment · 200380741
Assignors
HIMMELSTEIN, RICHARD B.
On an employer assignment, the assignors are typically the inventors.