System and method for an online exchange of private data

• US 20070162377A1
• Filed: 12/23/2005
• Published: 07/12/2007
• Est. Priority Date: 12/23/2005
• Status: Abandoned Application

• Current Assignee: Credigy Technologies Inc. (National Bank of Canada)
• Original Assignee: Credigy Technologies Inc. (National Bank of Canada)
• Inventors: Williams, Jason
• Application Number:
  US11/317,210
• Publication Number:
  US 20070162377A1
• Time in Patent Office: Days
• US Class Current: 705/37
• CPC Class Codes: G06Q 10/06 Resources, workflows, human or project management; Enterprise or organisation planning; Enterprise or organisation modelling
• CPC Class Codes: G06Q 30/02 Marketing; Price estimation or determination; Fundraising
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
• CPC Class Codes: G06Q 40/08 Insurance

Abstract

Based on the small world theory of networking, the present invention provides access to a previously unavailable source of private data, necessary for commerce, by facilitating the sale of private data from members of the general public. For example, the seeker of private data, such as consumer information, submits a data request to an online portal system. The request submission includes legal representations stating the legally permissible purpose for seeking the information. The portal system may display the data request to registered data providers, based on their demographic data. The system facilitates the exchange between the data buyer and the data provider. A payment invoice can be generated and electronically presented by the portal system. The payment may be electronically debited from the designated account of a data. In addition, a portion of such funds may be retained by the portal entity.

Claims

1. A computer-implemented method for exchanging private data, comprising the steps of:

receiving at an on-line exchange a data request from at least one data buyer, each data buyer operating as a purchaser of the private data, the data request defining a request for at least a portion of the private data;

publishing at the on-line exchange at least a portion of the data request, the published portion comprising information useful for identifying the subject of the private data portion;

receiving at the on-line exchange a communication from a data provider, the communication advising that the data provider has information relevant to the data request portion published by the on-line exchange, the data provider having knowledge of the subject of the private data portion in a manner predicted by “

small world”

network behavior theory;

arranging for the data provide and the data buyer to exchange the private data portion via the on-line exchange while maintaining both the anonymity of the data provider and the data buyer and the security of the private data.

2. The computer-implemented method of claim 1 further comprising the step of arranging at the on-line exchange for a payment as compensation for delivery of the selected portion of the private data by the at least one data provider to the data buyer seeking the selected private data portion.

3. The computer-implemented method recited by claim 1, wherein the private data comprises one of identification information, demographic information and financial information, each associated with a personally identifiable individual or entity.

4. The computer-implemented method recited by claim 1 further comprising the step of requiring the data buyer to consent to legal requirements for obtaining the private data, the legal requirements comprising a legal representation presenting a statement of fact as of a certain time made by the data buyer and governing the terms for the data request, wherein the other party can contractually rely on the statement by the data buyer.

5. The computer-implemented method recited by claim 1, further comprising the step of registering the data provider and the data buyer at the on-line exchange, where the data provider registers to operate as a source of the private data and the data buyer registers to operate as a purchaser of the private data in a manner consistent with legal requirements for obtaining the private data.

6. The computer-implemented method recited by claim 5, wherein the step of registering data provider and data buyer comprises the steps of:

for each of the data provider and the data buyer, completing registration form data for an on-line registration form;

validating the registration form data;

identifying the data provider and the data buyer associated with the completion of a successful validation as a registered data provider and a registered data buyer.

7. The computer-implemented method recited by claim 6 further comprising the step of requiring each data buyer to consent to the legal requirements for obtaining the private data as part of the completion of the registration form data for the on-line registration form.

8. The computer implemented method recited by claim 7, wherein the legal requirements comprise a legal representation comprising a legally binding agreement governing use of the private data by each of the data buyers.

9. The computer implemented method recited by claim 1 further comprising the step of assigning the data request an identifying code uniquely associated with the data buyer.

10. A computer-implemented method for exchanging private data comprising consumer data, comprising the steps of:

receiving at an on-line exchange a data request from one of a plurality of data buyers, the defining a request for a selected portion of the consumer data, each data buyer consenting to a legal representation governing the terms of use for the consumer data;

responsive to the data request, publishing at the on-line exchange information descriptive of the subject matter of the selected portion of the consumer data desired by the data buyer;

responsive to publication of the descriptive information, receiving at the on-line exchange the selected portion of the consumer data from one of a plurality data providers, each data provider independently operating as a source of private data;

forwarding to the data buyer the selected portion of the consumer information received from the data provider to complete a secure exchange of the selected portion of the consumer data while maintaining the anonymity of the data provider and the data buyer.

11. The computer-implemented method of claim 10 further comprising the step of arranging at the on-line exchange for a payment as compensation for delivery of the selected portion of the consumer data by the data provider to the data buyer seeking the selected consumer data portion.

12. The computer-implemented method recited by claim 10, wherein the consumer data comprises one of identification information, demographic information and financial information, each associated with a personally identifiable individual or entity.

13. The computer-implemented method recited by claim 10, wherein the legal representation comprises a statement as of a certain time made by one of the data buyers and governing the terms for the data request, wherein the other party can contractually rely on the statement by the data buyer.

14. The computer-implemented method recited by claim 10, further comprising the step of registering the data providers and the data buyers at the on-line exchange, comprising the steps of:

for each of the data providers and the data buyers, completing registration form data for an on-line registration form;

for each of the data buyers, requiring consent to legal requirements for obtaining the consumer data as part of the completion of the registration form data;

validating the registration form data;

identifying each of the data providers and the data buyers associated with the completion of a successful validation as registered data providers and registered data buyers.

15. A system operative for exchanging consumer data, comprising:

a plurality of data buyer computers, coupled to a distributed computer network, each operative to transmit a data request via a distributed computer network, the data request defining a request for at least a portion of the consumer data;

a plurality of data provider computers, coupled to the distributed computer network, each operative as a potential source of the consumer data as predicted by “

small world”

network behavior theory; and

an on-line exchange coupled to the distributed computer network,

the on-line exchange, responsive to receipt of one of the requests issued by one of data buyer computers, operative to publish at least a portion of the data request comprising information useful for identifying a subject of the portion of consumer data,

wherein the on-line exchange, responsive to a communication transmitted by one of the data provider computers, the communication advising that the data provider has information relevant to the data request portion published by the on-line exchange, operative to manage a data exchange operation for the data provider computer and the data buyer computer in support of an exchange of the portion of the consumer data while maintaining the anonymity of the data provider computer and the data buyer computer.

16. The system of claim 15 wherein the on-line exchange is further operative to arrange for a payment to the at least one data provider computer as compensation for completing delivery of the portion of the consumer data to the data buyer computer associated with the data request.

17. The system of claim 16, wherein each of the data provider computers and the data buyer computers are operative to register for operations at the on-line exchange.

18. The system of claim 17, wherein each of the data buyer computers are further operative to consent to legal requirements for obtaining and exploiting the consumer data in advance of completion of the data exchange operation managed by the on-line exchange.

19. A system operative for exchanging consumer data among a plurality of data buyer computers associated with data buyers seeking to purchase items of the consumer data and a plurality of data provider computers associated with data providers serving as a potential source of the consumer data in a manner predicted by “

small world”

network behavior theory, comprising;

an on-line exchange, responsive to receipt of one of the requests issued by one of data buyer computers, operative to publish at least a portion of the data request comprising information useful for identifying a subject of the portion of consumer data,

wherein the on-line exchange, responsive to a communication transmitted by one of the data provider computers, the communication advising that the data provider computer has information relevant to the data request portion published by the on-line exchange, operative to manage a data exchange operation for the data provider computer and the data buyer computer in support of an exchange of the portion of the consumer data.

20. The system of claim 19 wherein the on-line exchange is further operative to arrange for a payment to the data provider computer as compensation for completing delivery of the one or more items of the consumer data to the data buyer computer associated with the data request.

21. The system of claim 19, wherein each of the data provider computers and the data buyer computers are operative to register for operations at the on-line exchange in advance of the data exchange operation.

22. The system of claim 21, wherein each of the data buyer computers are further operative to consent to legal requirements for obtaining and exploiting the consumer data in advance of completion of the data exchange operation managed by the on-line exchange.