BIDDING SYSTEM FOR RECYCLABLE GOODS AND METHOD THEREOF

• US 20090319354A1
• Filed: 06/29/2009
• Published: 12/24/2009
• Est. Priority Date: 02/07/2005
• Status: Abandoned Application

• Current Assignee: Morley Ivers, Ron Gonen
• Original Assignee: Morley Ivers, Ron Gonen
• Inventors: Gonen, Ron, Ivers, Morley
• Application Number:
  US12/494,099
• Publication Number:
  US 20090319354A1
• Time in Patent Office: Days
• US Class Current: 705/14.230
• CPC Class Codes: G06Q 20/26 Debit schemes, e.g. "pay now"
• CPC Class Codes: G06Q 30/0222 During e-commerce, i.e. online transactions
• CPC Class Codes: G06Q 30/0601 Electronic shopping [e-shopping]
• CPC Class Codes: G06Q 30/08 Auctions
• CPC Class Codes: G07F 7/0609 by fluid containers, e.g. bottles, cups, gas containers

Abstract

A bidding system for recyclable goods and method thereof is disclosed. In accordance with one embodiment of the present invention, there is a method for providing incentive to engage in environmentally responsible behavior, comprises monitoring an auction event occurring on a network, the auction event comprising: receiving data at a host server regarding a recyclable good for sale associated with a seller, the seller having an account maintained on a database stored on the host server, receiving data at the host server regarding a bid for the recyclable good, the bid associated with a bidder, and determining at the host server a winning bid for the recyclable good based on a predetermined criterion; determining a credit value associated with the auction event; and allocating the credit value to the seller'"'"'s account.

Claims

1. A method for providing incentive to engage in environmentally responsible behavior, comprising:

monitoring an auction event occurring on a network, the auction event comprising;

receiving data at a host server regarding a recyclable good for sale associated with a seller, the seller having an account maintained on a database stored on the host server;

receiving data at the host server regarding a bid for the recyclable good, the bid associated with a bidder; and

determining at the host server a winning bid for the recyclable good based on a predetermined criterion;

determining a credit value associated with the auction event; and

allocating the credit value to the seller'"'"'s account.

2. The method of claim 1, wherein monitoring an auction event further comprises authenticating the recyclable good for sale associated with a seller.

3. The method of claim 2, wherein authenticating the recyclable good for sale associated with the seller comprises uploading at least a characteristic value of the recyclable good to a database.

4. The method of claim 1, wherein monitoring an auction event further comprises setting a limit for at least a parameter associated with the recyclable good.

5. The method of claim 4, wherein a parameter comprises one or more of a starting bid price, an ending date for receiving bids, and a reserve price.

6. The method of claim 1, wherein monitoring an auction event further comprises verifying a bid for the recyclable good associated with a bidder.

7. The method of claim 1, further comprising allocating a credit value to an account associated with the bidder, associated with the winning bid.

8. The method of claim 1, wherein the credit value associated with the auction event is distributed as at least one of points, tokens, and currency.

9. The method of claim 1, further comprising redeeming at least a credit value.

10. A bidding system for providing incentive to engage in environmentally responsible behavior, comprising:

a host server configured to communicate with at least one seller and at least one bidder, the host server comprising a database for storing a seller'"'"'s account and a computer-readable medium having computer-executable instructions for performing a method comprising;

monitoring an auction event, the auction event comprising;

receiving data regarding a recyclable good for sale associated with a seller, the seller having an account maintained on a database;

receiving data regarding a bid for the recyclable good, the bid associated with a bidder; and

determining a winning bid for the recyclable good based on a predetermined criterion;

determining a credit value associated with the auction event; and

allocating the credit value to the seller'"'"'s account;

data regarding a recyclable good for sale associated with a seller;

data regarding a bid for the recyclable good associated with a bidder;

a winning bid for the recyclable good; and

a credit value for the seller associated with the recyclable good received.

11. The bidding system of claim 10, wherein monitoring an auction event further comprises authenticating the recyclable good for sale associated with a seller.

12. The bidding system of claim 10, wherein monitoring an auction event further comprises setting a limit for at least a parameter associated with the recyclable good.

13. The bidding system of claim 10, wherein monitoring an auction event further comprises verifying a bid for the recyclable good associated with a bidder.

14. The bidding system of claim 10, wherein the method further comprises allocating a credit value to an account associated with the bidder associated with the winning bid.

15. The bidding system of claim 10, wherein the credit value associated with the auction event is distributed as at least one of points, tokens, and currency.

16. A computer-readable medium having computer-executable instructions for performing a method, comprising:

monitoring an auction event, the auction event comprising;

receiving data regarding a recyclable good for sale associated with a seller, the seller having an account maintained on a database;

receiving data regarding a bid for the recyclable good, the bid associated with a bidder; and

determining a winning bid for the recyclable good based on a predetermined criterion;

determining a credit value associated with the auction event; and

allocating the credit value to the seller'"'"'s account.

17. The computer-readable medium of claim 16, wherein monitoring an auction event further comprises authenticating the recyclable good for sale associated with a seller.

18. The computer-readable medium of claim 16, wherein monitoring an auction event further comprises setting a limit for at least a parameter associated with the recyclable good.

19. The computer-readable medium of claim 16, wherein monitoring an auction event further comprises verifying a bid for the recyclable good associated with a bidder.

20. The computer-readable medium of claim 16, wherein the method further comprises allocating a credit value to an account associated with the bidder associated with the winning bid.