SYSTEM, METHOD AND COMPUTER PROGRAM PRODUCT FOR SOCIAL NETWORK BASED TRANSACTIONS
First Claim
Patent Images
1. A computer program product that comprises a non transient computer readable medium that stores instructions for:
- monitoring an offer to enter a transaction, wherein the offer is being distributed over a social networking community by a referring entity;
wherein members of the social networking community interact through a network;
detecting a completion of the transaction; and
compensating the referring entity, wherein the referring entity differs from an initiator of the offer.
0 Assignments
0 Petitions
Accused Products
Abstract
A system, method and computer program product that comprises a non transient computer readable medium that stores instructions for: monitoring an offer to enter a transaction, wherein the offer is being distributed over a social networking community by a referring entity; wherein members of the social networking community interact through a network; detecting a completion of the transaction; and compensating the referring entity, wherein the referring entity differs from an initiator of the offer.
55 Citations
21 Claims
-
1. A computer program product that comprises a non transient computer readable medium that stores instructions for:
-
monitoring an offer to enter a transaction, wherein the offer is being distributed over a social networking community by a referring entity;
wherein members of the social networking community interact through a network;detecting a completion of the transaction; and compensating the referring entity, wherein the referring entity differs from an initiator of the offer. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9)
-
-
11. A system for virtual commerce comprising:
-
a monitor for monitoring an offer to enter a transaction, wherein the offer is being distributed over a social networking community by a referring entity; wherein members of the social networking community interact through a network; and
for detecting a completion of the transaction; anda compensation module for compensating the referring entity, wherein the referring entity differs from an initiator of the offer. - View Dependent Claims (10, 12, 13, 14, 15, 16, 17, 18, 19)
-
-
20. A method, comprising:
-
monitoring an offer to enter a transaction, wherein the offer is being distributed over a social networking community by a referring entity;
wherein members of the social networking community interact through a network;detecting a completion of the transaction; and compensating the referring entity, wherein the referring entity differs from an initiator of the offer.
-
-
21. A computer program product that comprises a non transient computer readable medium that stores instructions for:
-
detecting, by a monitor, a completion of a transaction made between a first group of members of a social networking community and a second group of members of another social networking community;
wherein an offer to enter the transaction was generated by the first group of members and was distributed over the social networking communities;
wherein the members of the social networking communities interact through at least one network; andallocating, by a compensation module, funds received from the transaction between members of the first group of members based on an agreement between the members of the first group of members, the agreement being accessible to the compensation module.
-
Specification