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System and method for conducting transactions involving generically identified items

  • US 6,990,457 B1
  • Filed: 06/06/2000
  • Issued: 01/24/2006
  • Est. Priority Date: 06/06/2000
  • Status: Expired due to Term
First Claim
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1. A transaction system, comprising:

  • an item master database operable to store generic information and specific information associated with one or more items;

    an inventory database operable to store availability and price data associated with the items; and

    a transaction engine operable to;

    receive an item availability request, the request including one or more parameters;

    access the item master database and the inventory database to obtain information associated with the request;

    determine one or more items that meet the parameters of the request in response to obtaining the information from the item master database and the inventory database;

    communicate a list of the items meeting the parameters, the list including at least one generic item listing;

    receive a request for an item associated with a generic item listing; and

    complete a transaction associated with the item.

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