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Method and system for automatic brokered transactions
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Inventors: Cato, Robert Thomas; Do, Phuc Ky; Maximilien, Eugene Michael;
Assignee: International Business Machines Corporation (Armonk, NY)
Primary Examiner: Morse; Gregory
Assistant Examiner: Ho; Thomas
Attorney, Agent or Firm: Sawyer Law Group LLP
A method and system for brokering a transaction between a plurality of wireless communication devices is disclosed. The method and system includes enabling a plurality of wireless devices to communicate with one another, allowing a user to enter a request related to an object to be brokered into a first enabled wireless device, and exchanging the request with a plurality of enabled wireless devices. The system and method also includes receiving a response to the request by a third party facilitator from a user of a wireless device interested in completing the transaction. The third party facilitator will then complete the transaction between users of the first wireless device and the wireless device interested in completing the transaction. In another aspect of the present invention, at least one wireless broker device helps disseminate the request from the first wireless device to the wireless device interested in completing the transaction. The system and method includes concealing the identity of a user of the wireless device from which a broker device received the request, thereby preserving the broker device's profit interests in the transaction, and distributing transaction proceeds to the at least one wireless broker devices. |
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DETAILED DESCRIPTION The present invention provides a method and system for brokering a transaction between a plurality of users of wireless communication devices.
The method and system include enabling a plurality of wireless devices to communicate with one another, allowing a user to enter a request related to an object to be brokered into a first enabled wireless device, and exchanging the request with a plurality of enabled wireless devices.
The system and method also include receiving a response to the request by a third party facilitator from a user of a wireless device interested in the object.
The third party facilitator will then complete the transaction between a user of the first wireless device and the user of the wireless device interested in the object.
In another aspect of the present invention, at least one wireless device acts as a broker between the first wireless device and the interested wireless device, charging a broker's fee for its assistance in disseminating the request to other wireless devices.
To protect and preserve the broker's interests in the transaction, i.
e.
, to ensure that the broker is not "cut out" of the loop, the system and method include concealing the identity of the user of the wireless device from which a broker device received the request, and appending to the request the identity of the broker's user.
When the transaction is finally completed, the third party facilitator will determine identities of the brokers' users and pay them accordingly.
Because the transaction is automated, it requires essentially no effort on the part of a broker to make a profit on a transaction.
Thus, the broker's fee for its involvement can be relatively small, and more brokers can participate in the transaction.
In a preferred embodiment, the wireless devices are Bluetooth enabled devices.
Thus, the wireless devices need only come in proximity to one another in order to transmit and receive information.
Through aspects of the present invention, exposure to an item for sale or for purchase grows exponentially as more and more wireless communication devices come within range of one another and exchange information
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Audio Signal Processing 
