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Electronic ticketing system and method

DC CAFC
  • US 6,496,809 B1
  • Filed: 06/09/2000
  • Issued: 12/17/2002
  • Est. Priority Date: 06/09/2000
  • Status: Expired due to Term
First Claim
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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, the authentication data of the ticket buyer being provided by the ticket buyer, and wherein the authentication data does not constitute a physical material; and

    means for granting access to the event upon presentation of the buyer authentication data of the paperless ticket without the buyer presenting any Personalized physical material.

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