Mutual credit server apparatus and a distributed mutual credit s

Details Mutual credit server apparatus and a distributed mutual credit s Mutual credit server apparatus and a distributed mutual credit s

1998-03-13

2000-06-06

Voeltz, Emanuel Todd

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

Automated electrical financial or business practice or...

Finance

705 10, 705 11, 705 26, G06F 1760

Patent

active

060731176

ABSTRACT:
A mutual credit server apparatus sends credit information about a seller to an inquiring buyer on a computer. Stored is a direct confidence degree about a seller from the point of view of each of a plurality of buyers. The direct confidence degree is determined by each buyer based on direct trade history. Also stored is a buyer confidence degree about each of the plurality of buyers from the point of view of each buyer. The buyer confidence degree is determined by each buyer based upon trade information from the other buyers. When a confidence inquiry is made about a seller by a buyer, a processing section calculates a total confidence degree about the seller and calculates a buyer confidence degree about each of the other buyers, each calculation being made from the viewpoint of the inquiring buyer.

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