Electronic ticketing system and method

• US 20030093387A1
• Filed: 12/16/2002
• Published: 05/15/2003
• Est. Priority Date: 06/09/2000
• Status: Active Grant

• Current Assignee: Flash Seats LLC (Anschutz Company)
• Original Assignee: Flash Seats LLC (Anschutz Company)
• Inventors: Nakfoor, Brett
• Granted Patent: US 8,131,572 B2
• Time in Patent Office: Days
• US Class Current: 705/65
• CPC Class Codes: G06F 21/33 using certificates
• CPC Class Codes: G06Q 10/02 Reservations, e.g. for tickets, services or events
• CPC Class Codes: G06Q 10/025 Coordination of plural reservations, e.g. plural trip segments, transportation combined with accommodation
• CPC Class Codes: G06Q 20/367 involving electronic purses or money safes
• CPC Class Codes: G06Q 20/3674 involving authentication
• CPC Class Codes: G06Q 20/382 insuring higher security of transaction
• CPC Class Codes: G06Q 30/0611 Request for offers or quotes
• CPC Class Codes: G06Q 30/08 Auctions
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
• CPC Class Codes: G06Q 50/188 Electronic negotiation
• CPC Class Codes: G07B 15/00 Arrangements or apparatus for collecting fares, tolls or entrance fees at one or more control points handling coins or valuable papers, e.g. banknotes, G07D; apparatus for vending or hiring articles or services activated by coins, credit cards, paper currency or the like G07F7/00, G07F17/00

Abstract

The present disclosure provides a method of electronically exchanging tickets for an event in a secondary market from ticket sellers to ticket buyers located at remote terminals. The method comprises associating the tickets with the authentication data of the ticket seller, receiving from ticket sellers electronic asks comprising an ask quantity and an ask price, receiving from a ticket buyer an electronic bid comprising a bid quantity and a bid price, comparing the bid to the asks, completing a transfer of the tickets when the bid price equals the ask price and the ask quantity is equal to or greater than the bid quantity, and reassociating the tickets with authentication data of the ticket buyer. Also disclosed is a system for performing the method.

Claims

1. A system for electronically exchanging paperless tickets for an event in a secondary market from ticket sellers to ticket buyers, the system comprising:

means for associating the paperless tickets with authentication data of the ticket seller;

means for receiving from ticket sellers electronic asks comprising an ask quantity and an ask price;

means for receiving from a ticket buyer an electronic bid comprising a bid quantity and a bid price;

means for comparing the bid to the asks;

means for completing a transfer of the paperless tickets when the bid price equals the ask price and the ask quantity is equal to or greater than the bid quantity;

means for reassociating the paperless tickets with authentication data of the ticket buyer, and wherein the authentication data does not constitute a paper material; and

,

means for granting access to the event upon presentation of the buyer authentication data of the paperless ticket.

2. The system of claim 1 wherein the paper material is personal identification of the buyer.

3. The system of claim 1 wherein the authentication data of the ticket buyer being provided by the ticket buyer.

4. The system of claim 2 wherein the authentication data of the ticket buyer being provided by the ticket buyer.

5. A method of electronically exchanging paperless tickets for an event in a secondary market from ticket sellers to ticket buyers, the method comprising the steps of:

associating the paperless tickets with authentication data of a ticket seller;

receiving from ticket sellers electronic asks comprising an ask quantity and an ask price;

receiving from a ticket buyer an electronic bid comprising a bid quantity and a bid price;

comparing the bid to the asks;

completing a transfer of the paperless tickets when the bid price equals the ask price and the ask quantity is equal to or greater than the bid quantity;

reassociating the paperless tickets with authentication data of the ticket buyer, wherein the authentication data does not constitute a paper material; and

presenting authentication data of the ticket buyer at an access device operably connected to the system.

6. The method of claim 5 wherein the paper material is personal identification of the buyer.

7. The method of claim 5 wherein the authentication data of the ticket buyer being provided by the ticket buyer.

8. The method of claim 6 wherein the authentication data of the ticket buyer being provided by the ticket buyer.

9. A system for electronically exchanging paperless tickets for an event in a secondary market from ticket sellers to ticket buyers, the system comprising:

a data center which associates the paperless tickets with authentication data of a ticket seller, the data center further being adapted to receive from ticket sellers electronic asks comprising an ask quantity and an ask price, and to receive from a ticket buyer an electronic bid comprising a bid quantity and a bid price;

compares the bid to the asks;

completes a transfer of the paperless tickets when the bid price equals the ask price and the ask quantity is equal to or greater than the bid quantity;

reassociates the paperless tickets with authentication data of the ticket buyer, wherein the authentication data does not constitute a paper material, and allows access to the venue upon presentation of the buyer authentication data to an access device operably connected to the data center.

10. The system of claim 9 wherein the paper material is personal identification of the buyer.

11. The system of claim 9 wherein the authentication data of the ticket buyer being provided by the ticket buyer.

12. The system of claim 10 wherein the authentication data of the ticket buyer being provided by the ticket buyer.

13. A system for electronically exchanging paperless tickets for an event from a ticket seller to a ticket buyer, the system comprising:

a primary market for the event having a paperless ticket, and each paperless ticket is associated through authentication data to a primary market owner;

the paperless ticket having a primary market price responsive to a secondary market;

the secondary market having a secondary market owner of the paperless ticket;

means for associating the paperless ticket with the authentication data of the secondary market owner of the paperless ticket;

means for receiving from the secondary market event ticket owner electronic asks comprising an ask quantity and an ask price;

means for receiving from a secondary market event ticket buyer an electronic bid comprising a bid quantity and a bid price;

means for comparing the bid to the asks;

means for completing a transfer of the paperless ticket at a secondary market price wherein the bid price equals the ask price and the ask quantity is equal to or greater than the bid quantity;

means for reassociating the secondary market paperless ticket through authentication data to the secondary market paperless ticket buyer, wherein the authentication data does not constitute a paper material;

means for granting access to the event upon presentation of the authentication data associated with the secondary market paperless ticket; and

means for adjusting the primary market price in response to the secondary market price.

14. The system of claim 13 wherein the paper material is personal identification of the buyer.

15. The system of claim 13 wherein the authentication data of the ticket buyer being provided by the ticket buyer.

16. The system of claim 14 wherein the authentication data of the ticket buyer being provided by the ticket buyer.

17. A method of electronically exchanging paperless tickets for an event from a paperless ticket seller to a ticket buyer, the method comprising the steps of:

selling a paperless ticket in a primary market to a primary market buyer at a primary market price, and the primary market price being responsive to a secondary market price of the paperless ticket;

associating the paperless ticket with an authentication data of a secondary market seller of the paperless ticket;

receiving from the secondary market paperless ticket seller electronic asks comprising an ask quantity and an ask price;

receiving from a secondary market paperless ticket buyer an electronic bid comprising a bid quantity and a bid price;

comparing the bid price to the ask price;

completing a transfer of the paperless ticket at a secondary market price wherein the bid price equals the ask price and the ask quantity is equal to or greater than the bid quantity;

reassociating the paperless ticket through authentication data to the secondary market event paperless ticket buyer, and wherein the authentication data does not constitute a paper material;

granting access to the event upon presentation of the authentication data at an access device operably connected to the system; and

adjusting the primary market in response to the secondary market price of the paperless ticket.

18. The method of claim 17 wherein the paper material is personal identification of the buyer.

19. The method of claim 17 wherein the authentication data of the ticket buyer being provided by the ticket buyer.

20. The method of claim 18 wherein the authentication data of the ticket buyer being provided by the ticket buyer.