WO2007148995A3 - Improved method and system for transacting commodities - Google Patents

Improved method and system for transacting commodities Download PDF

Info

Publication number
WO2007148995A3
WO2007148995A3 PCT/NZ2007/000162 NZ2007000162W WO2007148995A3 WO 2007148995 A3 WO2007148995 A3 WO 2007148995A3 NZ 2007000162 W NZ2007000162 W NZ 2007000162W WO 2007148995 A3 WO2007148995 A3 WO 2007148995A3
Authority
WO
WIPO (PCT)
Prior art keywords
commodities
transacting
improved method
transaction process
auction
Prior art date
Application number
PCT/NZ2007/000162
Other languages
French (fr)
Other versions
WO2007148995A2 (en
Inventor
David William George Tomlinson
Original Assignee
David William George Tomlinson
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Application filed by David William George Tomlinson filed Critical David William George Tomlinson
Priority to NZ574208A priority Critical patent/NZ574208A/en
Priority to AU2007261774A priority patent/AU2007261774A1/en
Publication of WO2007148995A2 publication Critical patent/WO2007148995A2/en
Publication of WO2007148995A3 publication Critical patent/WO2007148995A3/en

Links

Classifications

    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q30/00—Commerce
    • G06Q30/06—Buying, selling or leasing transactions
    • G06Q30/08—Auctions

Abstract

The present invention comprises a method for electronic transactions of commodities, including auction processes. To improve the transaction process the method includes locking down funds and/or commodities during a valid transaction process - or in the case of an auction, while a purchaser remains the highest bidder. Variations and extensions of the method are also discussed.
PCT/NZ2007/000162 2006-06-19 2007-06-19 Improved method and system for transacting commodities WO2007148995A2 (en)

Priority Applications (2)

Application Number Priority Date Filing Date Title
NZ574208A NZ574208A (en) 2006-06-19 2007-06-19 Improved method and system for transacting commodities
AU2007261774A AU2007261774A1 (en) 2006-06-19 2007-06-19 Improved method and system for transacting commodities

Applications Claiming Priority (2)

Application Number Priority Date Filing Date Title
NZ54803206 2006-06-19
NZ548032 2006-06-19

Publications (2)

Publication Number Publication Date
WO2007148995A2 WO2007148995A2 (en) 2007-12-27
WO2007148995A3 true WO2007148995A3 (en) 2008-06-26

Family

ID=38833878

Family Applications (1)

Application Number Title Priority Date Filing Date
PCT/NZ2007/000162 WO2007148995A2 (en) 2006-06-19 2007-06-19 Improved method and system for transacting commodities

Country Status (3)

Country Link
AU (1) AU2007261774A1 (en)
NZ (1) NZ574208A (en)
WO (1) WO2007148995A2 (en)

Citations (3)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
JP2002259873A (en) * 2001-02-27 2002-09-13 Nec Soft Ltd Escrow system, method and program
US6865559B2 (en) * 2000-12-07 2005-03-08 International Business Machines Corporation Method and system in electronic commerce for inspection-service-based release of escrowed payments
US20060025208A1 (en) * 2004-07-27 2006-02-02 Kirt Ramsey Sports wagering method and system

Patent Citations (3)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US6865559B2 (en) * 2000-12-07 2005-03-08 International Business Machines Corporation Method and system in electronic commerce for inspection-service-based release of escrowed payments
JP2002259873A (en) * 2001-02-27 2002-09-13 Nec Soft Ltd Escrow system, method and program
US20060025208A1 (en) * 2004-07-27 2006-02-02 Kirt Ramsey Sports wagering method and system

Non-Patent Citations (2)

* Cited by examiner, † Cited by third party
Title
"BBC - Spotdaq - How To Play", Retrieved from the Internet <URL:http://www.bbc.co.uk/sportdaq/insideline/howtoplay.shtml> *
DATABASE WPI Week 200278, Derwent World Patents Index; Class T01, AN 2002-717029 *

Also Published As

Publication number Publication date
NZ574208A (en) 2012-03-30
AU2007261774A1 (en) 2007-12-27
WO2007148995A2 (en) 2007-12-27

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