ELECTRONIC BARTERING SYSTEM

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).

PlanningAI hardwareG06Q 40/04G06Q 20/382G06Q 30/04G06Q 30/06G06Q 40/00G06Q 50/188

AI classification

Planning0.74
AI hardware0.65
Knowledge representation0.07
Vision0.02
Evolutionary computation0.00
Natural language0.00
Machine learning0.00
Speech0.00

Ownership

BARTERSECURITIES, INC.

assignment · 200380741

Assignors

HIMMELSTEIN, RICHARD B.

On an employer assignment, the assignors are typically the inventors.

© 2026 NYSGPT2525 LLC