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Data collection and retrieval system for registering charges and royalties to users

  • US 5,359,508 A
  • Filed: 05/21/1993
  • Issued: 10/25/1994
  • Est. Priority Date: 05/21/1993
  • Status: Expired due to Term
First Claim
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1. A data collection and retrieval system comprising in combination the following elements and steps:

  • a computer and a database with;

    input means for inputting data-requests and data corresponding to said data-requests, along with user identification information,output means for outputting said corresponding data, along with projected pay-off estimates,memory means for storing said data-requests and corresponding data,processing means for comparing data-requests, finding corresponding registering times of inputs, calculating formulas and registering charges and payments due to users,said computer performing the following steps upon the inputting of a data-request by a user;

    a. registering said user'"'"'s identification information in said database,b. registers users preference in supplying and retrieving the data corresponding to said data-request,c. if the user prefers to supply said corresponding data, looks for said corresponding data in said databasec1. if corresponding data is found, outputting a message telling the user that the data is already in said databasec2. if no corresponding data is found, allowing the user to input the data, storing the corresponding data, and registering that royalties are due to the user upon data-request,d. if the user prefers to retrieve data corresponding to said data-request,d1. registering time and date said data-request is inputted,d2. finding if data corresponding to said data-request is in the database,d2a. if corresponding data is in the memory, outputting the data, registering a charge due by said user who inputted the data-request and a royalty due to the user who supplied the data, adding one to the number of said data-requests, calculating a pay-off formula that projects the estimated royalties due to the user who inputs the correct data corresponding to said data-request, and outputting the resulting pay-off estimate,d2b. if no corresponding data is in the database, checking if said data-request is stored in the database,d2b1. if no, storing the data-request and setting the number of said data-requests to one, and calculating said pay-off formula,d2b2. if yes, adding one to the number of said data-requests, and calculating said pay-off formula,d2b3. outputting the resulting pay-off estimate.

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