Method of exchanging goods over the internet

Details Method of exchanging goods over the internet Method of exchanging goods over the internet

2005-01-25

2005-01-25

Smith, Jeffrey A. (Department: 3625)

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Electronic shopping

C705S027200, C705S037000

Reexamination Certificate

active

06847938

ABSTRACT:
A method and system is taught for coordinating the exchange of goods between parties over a communications network such as the internet. Users of the system can interact with a central computer to input data regarding items that they offer for exchange, as well as search criteria describing items that they would like to receive in exchange. A processor in the central computer searches records stored in a database to find and sort those records that satisfy the user's search criteria. A second test is then be performed to determine whether the information that the user input describing the item offered for exchange satisfies search criteria within the record. As a result, a match may be generated between two users who have input complementary criteria. The invention can also accommodate more complex exchanges between three or more parties.

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