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Farm product exchange system and method suitable for multiple small producers

  • US 10,713,697 B2
  • Filed: 03/02/2017
  • Issued: 07/14/2020
  • Est. Priority Date: 03/24/2016
  • Status: Active Grant
First Claim
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1. A method for a product exchange usable by plural producers comprising:

  • configuring an electronic device having a device identifier and including an imaging device for capturing image data, including a data entry device selected from the group including a touch screen, a keyboard, and a combination thereof, including a communication device selected from the group including wireless communication, Bluetooth communication, WiFi communication, cellular communication, satellite telephony communication, and a combination thereof, and including a geographic position locator for determining geographic location, the configuring including configuring the electronic device for geo-tagging captured image data using the determined geographic location and for time stamping the geo-tagged captured image data with date and/or time data;

    receiving registration data from a producer using the electronic device, wherein the registration data is geo-tagged and time stamped and associated with the identifier of the electronic device;

    receiving facility data defining a facility and product data defining a product of the facility using the electronic device, wherein the facility data includes one or more geo-tagged and time-stamped images of the facility and the product data includes one or more geo-tagged and time-stamped images that identifies the product, wherein the facility data and the product data are associated with the identifier of the electronic device;

    storing the registration data, the facility data and the identifier of the electronic device associated therewith in a relational database that is separate from the electronic device;

    whereby the producer and the producer facility are registered and the product is associated therewith in the relational database;

    repeating the foregoing steps for registering a plurality of producers;

    receiving registration data from a buyer and associating the buyer registration data with a unique buyer identifier;

    receiving qualifying data from the buyer and associating the buyer qualifying data with the unique buyer identifier, wherein the buyer qualifying data includes funds data relating to funds available as payment for any product delivered;

    storing the buyer registration data, the buyer qualifying data and the unique buyer identifier associated therewith in the relational database, whereby the buyer is registered and qualified;

    receiving a product query for a certain product from the qualified buyer;

    generating a response to the product query from the product data stored in the relational database relating to the certain product and communicating the response to the qualified buyer, wherein the generated response includes product data from the relational database relating to the certain product;

    receiving from the qualified buyer one or more offers relating to the product data relating to the certain product and storing the one or more offers in the relational database;

    communicating the received one or more offers to one or more registered producers of the certain products to which the one or more offers relate;

    receiving from the one or more producers an acceptance or a rejection of the one or more communicated offers and storing the acceptance or rejection in the relational database;

    receiving from the one or more producers and/or from the buyer an agreed quantity and delivery date for the certain products covered by the accepted offers and storing the agreed quantity and delivery date in the relational database;

    after an offer is accepted, receiving from the one or more producers updated facility data and updated product data using the electronic device and storing the updated facility data and the updated product data in the relational database, wherein the updated facility data and the updated product data include one or more geo-tagged and time-stamped images of the facility and of the product, wherein the updated facility data and the updated product data are associated with the identifier of the electronic device;

    when product is delivered, receiving product delivery data from the producer, from the buyer, and/or from a delivery agent, and storing the product delivery data in the relational database; and

    initiating transfer of payment from the buyer of the delivered product to the producer of the delivered product from buyer funds represented by the funds data as available as payment for the product delivered.

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