System and method for IP bandwidth trading

Details System and method for IP bandwidth trading System and method for IP bandwidth trading

2007-06-26

2007-06-26

Tieu, Binh K. (Department: 2614)

Telephonic communications

With usage measurement

Call charge metering or monitoring

C379S114120, C379S115010, C370S352000

Reexamination Certificate

active

10671315

ABSTRACT:
A method and system for trading IP bandwidth in an exchange environment. Participating members of the exchange register their IP route destinations with the exchange. The exchange collects buy and sell orders, which include parameters such as the desired destination, price and quality of the routes. The buy and sell orders are matched based on the specified parameters, and lists of matched orders are forwarded to members' routers for execution of the trades. The exchange settles the executed trades by issuing invoices in accordance with the buyer members' usage of the bandwidth offered by the seller members.

REFERENCES:
patent: 2006/0178918 (2006-08-01), Mikurak
patent: 195 16 364 (1995-11-01), None

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