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Relationship-based commerical transaction system and method

  • US 20020065787A1
  • Filed: 08/24/2001
  • Published: 05/30/2002
  • Est. Priority Date: 08/24/2000
  • Status: Abandoned Application
First Claim
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1. A non-third-party, purchaser/vendor exclusive commercial transaction method, wherein traditional third-party participation is absent and fully replaced by specific patterns of commercial relationships which have been pre-developed and pre-qualified between purchaser/vendor users of the method, and which method is designed for practice in conjunction with a computer-based, broad-area, information-exchange network, said method comprising establishing a participating group of vendors of products and/or services, qualifying vendors in the group, and connecting this group to such a network, establishing a participating group of purchasers of such products and/or services and qualifying these purchasers, creating for each purchaser, and based upon the above-recited qualifying activities, a personal package of pre-agreed upon, developed and qualified commercial relationships in the forms of data specially associating that purchaser with selected ones of such vendors, and furnishing each purchaser with a personal network-access key which contains information fully allowing that purchaser, through connection with the network, to utilize the mentioned package of relationships associated with that purchaser and the selected vendors.

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