Method and system for global telecommunications network management and display of market-price information
First Claim
1. A system for trading telecommunication services, comprising:
- a clearing node adapted to;
receive service offers from sellers of telecommunication services, each service offer comprising an offer to sell a block of telecommunication service larger in size than a single telecommunication transaction, each offer comprising a plurality of parameters, the parameters comprising;
a price;
an origination location; and
a destination location;
derive from the service offers a rate table having a plurality of entries that store price information for a plurality of routes, wherein each route is defined by a plurality of parameters comprising;
an origination location; and
a destination location;
receive purchase requests from purchasers of telecommunication services, each purchase request requesting purchase of a block of telecommunication service larger in size than a single telecommunication transaction, each request comprising a plurality of parameters, the parameters comprising;
a price;
an origination location; and
a destination location;
maintain an account for each seller and purchaser of telecommunication services, each account having a balance;
broker sales of telecommunications services between sellers and purchasers in accordance with a predefined protocol, the protocol comprising;
comparing the parameters that define each purchase request to the parameters that define a plurality of the routes in the rate table;
identifying a route in the rate table having a plurality of parameters that correspond to the parameters in at least one purchase request, wherein the corresponding parameters comprise the origination location and the destination location;
identifying a rate table entry representative of available service for carrying communications via the identified route;
choosing a purchase request from among one or more purchase requests requesting purchase of telecommunication service via the route;
creating a sale record, the record comprising;
the identity of the buyer that submitted the chosen request;
the identity of a seller that submitted an offer used to fill the chosen request; and
the sold telecommunication services;
updating the account balance of each seller that submitted an offer used to derive the identified rate table entry and the buyer that submitted the chosen request.
5 Assignments
0 Petitions
Accused Products
Abstract
A system and method for flexibly routing telecommunications in an efficient manner using resources that are traded in a market are disclosed. In a preferred embodiment, service providers and requesters subunit service offers and requests to a server node. Offers and requests may be submitted automatically by a telecommunications node programmed to dynamically monitor current volume and sell or buy telecommunication time or bandwidth on the basis of the actual and predicted demand. The server node administers all aspects of the trades and the resulting changes in global network operations, hilling, and settlements. When a buyer wishes to use telecommunications resources it has purchased, it may pass supervision to a local telecommunications node, which may establish transmission using the purchased telecommunications resources. Particular SS7 codes, C7 codes, C5 codes. IN codes, or other data messages may be used to inform a switch in the routing path that an incoming telecommunication transaction is in transit to a different location, and is not for termination at the location of the switch so that terminating traffic may be distinguished from transit traffic. In a preferred embodiment the system is capable of displaying market-price information related to the supported telecommunications routes to prospective sellers and buyers.
153 Citations
154 Claims
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1. A system for trading telecommunication services, comprising:
a clearing node adapted to; receive service offers from sellers of telecommunication services, each service offer comprising an offer to sell a block of telecommunication service larger in size than a single telecommunication transaction, each offer comprising a plurality of parameters, the parameters comprising; a price; an origination location; and a destination location; derive from the service offers a rate table having a plurality of entries that store price information for a plurality of routes, wherein each route is defined by a plurality of parameters comprising; an origination location; and a destination location; receive purchase requests from purchasers of telecommunication services, each purchase request requesting purchase of a block of telecommunication service larger in size than a single telecommunication transaction, each request comprising a plurality of parameters, the parameters comprising; a price; an origination location; and a destination location; maintain an account for each seller and purchaser of telecommunication services, each account having a balance; broker sales of telecommunications services between sellers and purchasers in accordance with a predefined protocol, the protocol comprising; comparing the parameters that define each purchase request to the parameters that define a plurality of the routes in the rate table; identifying a route in the rate table having a plurality of parameters that correspond to the parameters in at least one purchase request, wherein the corresponding parameters comprise the origination location and the destination location; identifying a rate table entry representative of available service for carrying communications via the identified route; choosing a purchase request from among one or more purchase requests requesting purchase of telecommunication service via the route; creating a sale record, the record comprising; the identity of the buyer that submitted the chosen request; the identity of a seller that submitted an offer used to fill the chosen request; and the sold telecommunication services; updating the account balance of each seller that submitted an offer used to derive the identified rate table entry and the buyer that submitted the chosen request. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59, 60, 61, 62, 63, 64, 65, 66, 67, 68, 69, 70, 71, 72, 73, 74, 75, 76, 77, 78, 79, 80, 81, 82, 83, 84, 85, 86, 87, 88, 89, 90, 91, 92, 93, 94, 95, 96, 97, 98, 99, 100, 101, 102, 103, 104, 105, 106, 107, 108, 109, 110, 111, 112, 113, 114, 115, 116, 117, 118, 119, 120, 121, 122, 123, 124, 125, 126, 127, 128, 129, 130, 131, 132, 133, 134, 135, 136, 137, 138, 139, 140, 141, 142, 143, 144, 145, 146, 147, 148, 149, 150, 151, 152, 153)
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154. A method of trading telecommunication services, comprising:
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receiving a plurality of service offers from a plurality of sellers, each service offer comprising an offer to sell a block of telecommunication service larger in size than a single telecommunication transaction, each offer comprising a plurality of parameters, the parameters comprising; a price; an origination location; and a destination location; deriving from the service offers a rate table having a plurality of entries that store price information for a plurality of routes, wherein each route is defined by a plurality of parameters comprising; an origination location; and a destination location; receiving purchase requests from a plurality of purchasers, each purchase request requesting purchase of a block of telecommunication service larger in size than a single telecommunication transaction, each request comprising a plurality of parameters, the parameters comprising; a price; an origination location; and a destination location; maintaining an account for each seller and purchaser of telecommunication services, each account having a balance; brokering sales of telecommunications services between sellers and purchasers in accordance with a predefined protocol, the protocol comprising; comparing the parameters that define each purchase request to the parameters that define a plurality of the routes in the rate table; identifying a route in the rate table having a plurality of parameters that correspond to the parameters in at least one purchase request, wherein the corresponding parameters comprise the origination location and the destination location; identifying a rate table entry representative of available service for carrying communications via the identified route; choosing a purchase request from among one or more purchase requests requesting purchase of telecommunication service via the route; creating a sale record, the record comprising; the identity of the buyer that submitted the chosen request; the identity of a seller that submitted an offer used to fill the chosen request; and the sold telecommunication services; updating the account balance of each seller that submitted an offer used to derive the identified rate table entry and the buyer that submitted the chosen request.
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Specification