Method and system for automatic brokered transactions

Details Method and system for automatic brokered transactions Method and system for automatic brokered transactions

2006-02-14

2006-02-14

Morse, Gregory (Department: 2134)

Cryptography

Communication system using cryptography

Wireless communication

C705S078000, C713S153000

Reexamination Certificate

active

06999589

ABSTRACT:
A method and system for brokering a transaction between a plurality of wireless communication devices is disclosed. The method and system includes enabling a plurality of wireless devices to communicate with one another, allowing a user to enter a request related to an object to be brokered into a first enabled wireless device, and exchanging the request with a plurality of enabled wireless devices. The system and method also includes receiving a response to the request by a third party facilitator from a user of a wireless device interested in completing the transaction. The third party facilitator will then complete the transaction between users of the first wireless device and the wireless device interested in completing the transaction. In another aspect of the present invention, at least one wireless broker device helps disseminate the request from the first wireless device to the wireless device interested in completing the transaction. The system and method includes concealing the identity of a user of the wireless device from which a broker device received the request, thereby preserving the broker device's profit interests in the transaction, and distributing transaction proceeds to the at least one wireless broker devices.

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