System and method for pricing and exchanging content

• US 10,055,739 B2
• Filed: 10/06/2008
• Issued: 08/21/2018
• Est. Priority Date: 10/06/2008
• Status: Active Grant

• Current Assignee: The Trustees of Princeton University (Princeton University)
• Original Assignee: The Trustees of Princeton University (Princeton University)
• Inventors: Chiang, Mung, Inaltekin, Hazer, Poor, H. Vincent
• Primary Examiner(s): Hamilton, Matthew L
• Application Number:
  US13/120,047
• Publication Number:
  US 20110238505A1
• Time in Patent Office: 3,606 Days
• Field of Search: 705 52, 705 14
• CPC Class Codes: G06Q 30/00 Commerce
• CPC Class Codes: G06Q 30/0273 Determination of fees for advertising
• CPC Class Codes: G06Q 30/0601 Electronic shopping [e-shopping]
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes

Abstract

A system and method for pricing and exchanging content is provided, which includes a data plane formed by a peer-to-peer content sharing network or a central server allowing for client-server content transfers, and a control plane formed by a central server in communication with the data plane via the Internet. The data plane allows for the storage of digital content provided by users and the transfer of content therebetween, and the control plane provides a virtual market in which such content is sold between users using virtual currency that can be exchanged for real currency.

Claims

1. A system for securely exchanging content, comprising:

a control plane including at least one server;

a data plane separate from and in communication with said control plane, the data plane including at least one server and at least two user computing nodes forming a peer-to-peer network, the data plane stores content uploaded by users of the peer-to-peer network;

the control plane authenticating users of the data plane so that only authorized users registered with the control plane are permitted to exchange content on the peer-to-peer network, a system bank alleviating free riders or blocked leechers of the peer-to-peer network of the data plane by;

(i) assigning positive currency values to content uploaded to the peer-to-peer network by users of the data plane which the users desire to exchange with other users of the data plane;

and (ii) by assigning negative currency values to content uploaded to the peer-to-peer network by users of the data plane which the users desire to advertise to other users of the data plane; and

the system bank operating in said control plane, the system bank electronically processing all currency exchange transactions for users of the data plane and automatically adjusting a total volume of currency available for users of the data plane to compensate for fluctuations in content prices over time.

2. The system of claim 1, wherein the content has a copyright royalty fee associated therewith.

3. The system of claim 1, wherein the content can be sold in an auction format.

4. The system of claim 1, wherein the content is transferrable through the at least one server in the data plane.

5. The system of claim 1, wherein the data plane allows a user to view an advertisement uploaded to the system by another user.

6. The system of claim 1, wherein the currency is virtual currency.

7. The system of claim 1, wherein adding or removing nodes from the data plane does not affect operation of the control plane.

8. The system of claim 1, wherein making changes to the control plane does not affect operation of the data plane.

9. A method for securely exchanging content comprising the steps of:

providing a control plane including at least one server;

providing a data plane separate from and in communication with said control plane, the data plane including at least one server and at least two user computing nodes forming a peer-to-peer network, the data plane storing content uploaded by users of the peer-to-peer network;

authenticating, in the control plane, users of the data plane so that only authorized users registered with the control plane are permitted to exchange content on the peer-to-peer network,

providing a system bank for alleviating free riders or blocked leechers of the peer-to-peer network of the data plane by;

(i) assigning positive currency values to content uploaded to the peer-to-peer network by users of the data plane which the users desire to exchange with other users of the data plane; and

(ii) by assigning negative currency values to content uploaded to the peer-to-peer network by users of the data plane which the users desire to advertise to other users of the data plane; and

operating the system bank in said control plane, the system bank electronically processing all currency exchange transactions for users of the data plane and automatically adjusting a total volume of currency available for users of the data plane to compensate for fluctuations in content prices over time.

10. The method of claim 9, further comprising the step of assessing a copyright royalty fee against the content.

11. The method of claim 9, further comprising the step of selling the content in an auction format.

12. The method of claim 9, further comprising the step of transferring the content through the at least one server in the data plane.

13. The method of claim 9, further comprising the step of allowing a user of the data plane to view an advertisement uploaded to the system by another user.

14. The method of claim 9, wherein the currency is virtual currency.

15. The method of claim 9, further comprising the step of adding or removing nodes from the data plane while not affecting operation of the control plane.

16. The method of claim 9, further comprising the step of making changes to the control plane while not affecting operation of the data plane.