Method of exchanging goods over the internet

• US 6,847,938 B1
• Filed: 09/20/1999
• Issued: 01/25/2005
• Est. Priority Date: 09/20/1999
• Status: Expired due to Fees

• Current Assignee: LiveUniverse, Inc.
• Original Assignee: Donna R. Moore
• Inventors: Moore, Donna R.
• Primary Examiner(s): Smith, Jeffrey A.
• Assistant Examiner(s): Haq, Naeem U
• Application Number:
  US09/399,366
• Time in Patent Office: 1,954 Days
• Field of Search: 705/26, 705/27, 705/37
• US Class Current: 705/26.41
• CPC Class Codes: G06Q 30/0613 Third-party assisted
• CPC Class Codes: G06Q 30/0625 Directed, with specific intent or strategy
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange

Abstract

A method and system is taught for coordinating the exchange of goods between parties over a communications network such as the internet. Users of the system can interact with a central computer to input data regarding items that they offer for exchange, as well as search criteria describing items that they would like to receive in exchange. A processor in the central computer searches records stored in a database to find and sort those records that satisfy the user'"'"'s search criteria. A second test is then be performed to determine whether the information that the user input describing the item offered for exchange satisfies search criteria within the record. As a result, a match may be generated between two users who have input complementary criteria. The invention can also accommodate more complex exchanges between three or more parties.

Claims

1. A method for coordinating an exchange of items between individuals over a communications network, said method comprising:

providing, maintaining, and updating a preexisting list of like items being offered for exchange, wherein the steps of providing, maintaining, and updating are performed by a third party;

receiving a first data entry identifying a first offered item being offered for exchange by a first user, wherein the first data entry comprises the first user'"'"'s selection of the first offered item from the preexisting list of like items being offered for exchange;

receiving first search criteria identifying a first desired item to be received in exchange for the first item by the first user, wherein the first search criteria is generated by the first user'"'"'s selection of the first desired item from the preexisting list of like items being offered for exchange;

storing the first data entry and the first search criteria in a database component of a central computer system;

receiving a second data entry identifying a second offered item being offered for exchange by a second user, wherein the second data entry comprises the second user'"'"'s selection of a second offered item from the preexisting list of like items being offered for exchange;

receiving second search criteria identifying a second desired item to be received in exchange for the second item by the second user, wherein the second search criteria comprises the second user'"'"'s selection of the second desired item from the preexisting list of like items being offered for exchange;

searching the database in accordance with the second search criteria and the second data entry;

generating a match if the first data entry satisfies the second search criteria and if the second data entry satisfies the first search criteria;

informing the second user whether a match has been generated; and

storing the second data entry and the second search criteria in the database if no match has been generated.

2. The method of claim 1 wherein said step of storing the first data entry and the first search criteria further comprises storing information related to the first user and associating the information with the first data entry and the first search criteria.

3. The method of claim 1 further comprising the step of storing the second data entry and the second search criteria in the database.

4. The method of claim 3 wherein said step of storing the second data entry and the second search criteria further comprises storing information related to the second user and associating the information with the second data entry and the second search criteria.

5. The method of claim 3 wherein the second user is a member, and wherein only members may have the second data entry and the second search criteria stored in the database.

6. The method of claim 5 wherein at least one of said step of receiving a second data entry, said step of receiving second search criteria, and said step of storing the second data entry and the second search criteria, is contingent upon the second user inputting a valid password.

7. The method of claim 5 wherein the second user becomes a member by paying a fee.

8. The method of claim 1 wherein the first and second users receive data from and transmit data to the central computer system via the internet.

9. The method of claim 8 wherein the first data entry and the first search criteria are input by the first user through an internet browser software interface.

10. The method of claim 8 wherein the second data entry and the second search criteria are input by the second user through an internet browser software interface.

11. The method of claim 1 wherein said step of informing the second user further comprises:

notifying the first user of some identification data regarding the second user, wherein the identification data comprises at least one of the second user'"'"'s (1) name, (2) address, (3) pseudonym, (4) telephone number, and (5) unique user identifier; and

notifying the second user of some identification data regarding the first user, wherein the identification data comprises at least one of the first user'"'"'s (1) name, (2) address, (3) pseudonym, (4) telephone number, and (5) unique user identifier.

12. The method of claim 11 further comprising the step of receiving an acceptance of the generated match as acceptable for exchange from at least one of the first and second users, wherein at least one of said step of notifying the first user and said step of notifying the second user is contingent upon said step of receiving an acceptance.

13. The method of claim 12 wherein the generated match is made unavailable for further selection once at least one of the first user and the second user accepts the generated match as acceptable for exchange.

14. The method of claim 1 wherein the preexisting list of like items consists of like items selected from the group consisting of:

a book, a compact disc, a video, a game, and a computer software program.

15. The method of claim 1 wherein the first user is a member, and wherein only members may have the first data entry and the first search criteria stored in the database.

16. The method of claim 15 wherein at least one of said step of receiving a first data entry, said step of receiving first search criteria, and said step of storing the first data entry and the first search criteria, is contingent upon the first user inputting a valid password.

17. The method of claim 15 wherein the first user becomes a member by paying a fee.

18. The method of claim 1 wherein said step of generating a match comprises generating a partial-match if the first data entry partly satisfies the second search criteria, wherein a plurality of partial-matches are generated, and wherein the plurality of partial-matches as a whole completely satisfies the second search criteria.

19. The method of claim 1 wherein said step of generating a match comprises generating a partial-match if the second data entry partly satisfies the first search criteria, wherein a plurality of partial-matches are generated, and wherein the plurality of partial-matches as a whole completely satisfies the first search criteria.

20. The method of claim 1 wherein said step of informing the second user whether a match has been generated comprises informing the second user that no match has been generated, and offering the second user at least one of an alternative exchange and an option to store the second search criteria for later matching.

21. A system for coordinating the exchange of items between individuals via a communications network, said system comprising:

a central computer;

a plurality of remote terminals, each of said remote terminals having input devices for entering data;

a data communication network providing a signal path for data exchange between said central computer and said plurality of remote terminals;

a processor located at said central computer;

an interface located at said central computer, said interface being controlled by said processor, wherein said interface is capable of providing data to and receiving data from said remote terminals;

a data storage device connected to said central computer, said data storage device being controlled by said processor, and said data storage device storing data records comprising information related to at least one of;

items offered for exchange, requests for items to be exchanged, descriptions of items, and user identification; and

a preexisting list of like items being offered for exchange that is provided, maintained, and updated by a third party;

said central computer receiving a data entry identifying an item offered for exchange that is on the preexisting list of like items being offered for exchange and search criteria relating to a desired item requested for exchange that is on the preexisting list of like items being offered for exchange input at one of said plurality of remote terminals by a first user, the search criteria generated by the first user'"'"'s selection of an item from the preexisting list of like items being offered for exchange;

said processor analyzing the data records to determine whether the received search criteria are satisfied by information contained in the data records provided by a second user who previously identified an item offered for exchange and a desired item, both from the list of like items, and said processor further analyzes the data records to determine whether search criteria associated with the data records are satisfied by the received data entry;

said processor selectively retrieving a data record that;

(1) satisfies the received search criteria of the first user, and (2) is satisfied in its search criteria by the received data entry; and

said processor providing information contained in the selectively retrieved record to the first user.

22. The system of claim 21 wherein said remote terminals are computers, and users at said remote terminals input and receive data from said central computer via an internet browser software interface.

23. The system of claim 21 wherein said processor comprises a central processing unit and associated memory.

24. The system of claim 21 wherein said data storage device comprises a hard disk drive, and the data records are stored in a database stored on said hard disk drive.

25. The system of claim 21 wherein the information contained in the selectively retrieved record comprises information related to at least one of (1) an item description, (2) item availability, and (3) conditions on use of an item.

26. The system of claim 21 wherein the information contained in the selectively retrieved record comprises at least one of a (1) name, (2) address, (3) pseudonym, (4) telephone number, and (5) unique user identifier, associated with a second user.

27. The system of claim 26 wherein the processor provides the information contained in the selectively retrieved record only after the first user accepts the selectively retrieved record as a match for exchange.

28. The system of claim 27 wherein the processor makes the selectively retrieved record unavailable for further selection once the first user accepts the selectively retrieved record as a match for exchange.

29. The system of claim 21 wherein the first user must enter a valid password before the system will accept the input of data relating to an item offered for exchange and search criteria relating to a desired item requested for exchange.

30. The system of claim 21 wherein the list of like items consists of like items selected from the group consisting of:

a book, a compact disc, a video, a game, and a computer software program.

31. The system of claim 21 wherein said processor selectively retrieves a plurality of data records, wherein each of the plurality of data records partly satisfies the search criteria, and the plurality of data records as a whole completely satisfies the search criteria.

32. The system of claim 21 wherein said processor selectively retrieves a data record that partly satisfies the search criteria, and wherein the first user is informed that no match has been generated, and offered at least one of an alternative exchange and an option to store the search criteria for later matching, wherein the alternative exchange comprises information related to the data record that partly satisfies the search criteria.

33. A method for conducting an online exchange club wherein users access a central computer via a communications network, store in a database associated with the central computer information identifying items they would like to exchange with other users and items they would like to receive in exchange, and wherein the central computer automatically matches users who have input complementary information, said method comprising:

providing access to a central computer via a communications network;

providing, maintaining, and updating a preexisting list of like items being offered for exchange, wherein the steps of providing, maintaining, and updating are performed by a third party;

receiving a data entry from a first user identifying an item offered for exchange, wherein the data entry is comprised of the first user'"'"'s selection of an item from the preexisting list of like items being offered for exchange;

receiving search criteria from the first user identifying an item from the preexisting list of like items being offered for exchange;

searching records in a database associated with the central computer for information that satisfies the search criteria, wherein the information comprises a data entry from a second user identifying an item offered for exchange and a desired item to be received in exchange, both items selected from the preexisting list of like items;

analyzing the records to determine whether the received search criteria are satisfied by information contained in the records;

analyzing the records to determine whether search criteria associated with the records are satisfied by the received data entry;

selectively retrieving a record that;

(1) satisfies the received search criteria, and (2) is satisfied in its search criteria by the received data entry; and

displaying information related to the selectively retrieved records.

34. The method of claim 33 wherein the received data entry and search criteria are stored in the database.

35. The method of claim 33 wherein the data entry and search criteria are inputted through an internet browser software interface.

36. The method of claim 33 wherein said step of searching records in a database is performed in accordance with the received search criteria.

37. The method of claim 33 wherein said step of searching records in a database is performed based upon the received data entry.

38. The method of claim 33 wherein said step of selectively retrieving records comprises selectively retrieving a plurality of records, wherein each of the plurality of records partly satisfies the search criteria, and the plurality of records as a whole completely satisfies the search criteria.

39. The method of claim 33 further comprising the step of receiving an acceptance from the user of a selectively retrieved record as an acceptable match for exchange.

40. The method of claim 39 further comprising the step of making the selectively retrieved record unavailable for further selection.

41. The method of claim 33 wherein said step of displaying information further comprises notifying the user of some identification data regarding another user associated with the selectively retrieved record, wherein the identification data comprises at least one of a (1) name, (2) address, (3) pseudonym, (4) telephone number, and (5) unique user identifier.

42. The method of claim 33 wherein the user is a member, and wherein at least one of said step of providing access to a central computer, said step of receiving a data entry, said step of receiving search criteria, said step of searching records in a database, said step of selectively retrieving records, and said step of displaying information, is contingent upon the user being a member.

43. The method of claim 42 wherein at least one of said step of providing access to a central computer, said step of receiving a data entry, said step of receiving search criteria, said step of searching records in a database, said step of selectively retrieving records, and said step of displaying information, is contingent upon the user inputting a valid password.

44. The method of claim 42 wherein the user becomes a member by paying a fee.

45. The method of claim 33 wherein said step of selectively retrieving records comprises selectively retrieving records that partly satisfy the received search criteria and designating those records as alternative matches, and wherein said step of displaying information comprises informing the user that no match has been generated and offering the user at least one of information regarding the alternative matches and an option to store the search criteria for later matching.

46. The method of claim 33 wherein the list of like items consists of items selected from the group consisting of:

a book, a compact disc, a video, a game, and a computer software program.

47. The method of claim 33 wherein both the item being offered for exchange and the item desired in exchange are books.

48. The method of claim 33 wherein both the item being offered for exchange and the item desired in exchange are compact discs.

49. The method of claim 33 wherein both the item being offered for exchange and the item desired in exchange are videos.

50. The method of claim 33 wherein both the item being offered for exchange and the item desired in exchange are games.

51. The method of claim 33 wherein both the item being offered for exchange and the item desired in exchange are computer software programs.