ATE360862T1 - TRADING AND AUCTIONING SYSTEM AND METHOD FOR AUTHENTICATING BUYERS AND SELLERS AND TRANSMITTING TRADING INSTRUCTIONS IN A TRADING AND AUCTIONING SYSTEM - Google Patents

TRADING AND AUCTIONING SYSTEM AND METHOD FOR AUTHENTICATING BUYERS AND SELLERS AND TRANSMITTING TRADING INSTRUCTIONS IN A TRADING AND AUCTIONING SYSTEM

Info

Publication number
ATE360862T1
ATE360862T1 AT00944560T AT00944560T ATE360862T1 AT E360862 T1 ATE360862 T1 AT E360862T1 AT 00944560 T AT00944560 T AT 00944560T AT 00944560 T AT00944560 T AT 00944560T AT E360862 T1 ATE360862 T1 AT E360862T1
Authority
AT
Austria
Prior art keywords
trading
product
buyer
service
password
Prior art date
Application number
AT00944560T
Other languages
German (de)
Inventor
Dennis Mendiola
Gilpatrick R Garcia
Original Assignee
Chikka Pte Ltd
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 Chikka Pte Ltd filed Critical Chikka Pte Ltd
Application granted granted Critical
Publication of ATE360862T1 publication Critical patent/ATE360862T1/en

Links

Classifications

    • GPHYSICS
    • G06COMPUTING OR CALCULATING; COUNTING
    • G06QINFORMATION 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
    • G06Q30/00Commerce
    • G06Q30/06Buying, selling or leasing transactions
    • G06Q30/08Auctions

Landscapes

  • Business, Economics & Management (AREA)
  • Finance (AREA)
  • Accounting & Taxation (AREA)
  • Physics & Mathematics (AREA)
  • Development Economics (AREA)
  • Economics (AREA)
  • Marketing (AREA)
  • Strategic Management (AREA)
  • Entrepreneurship & Innovation (AREA)
  • General Business, Economics & Management (AREA)
  • General Physics & Mathematics (AREA)
  • Engineering & Computer Science (AREA)
  • Theoretical Computer Science (AREA)
  • Management, Administration, Business Operations System, And Electronic Commerce (AREA)
  • Computer And Data Communications (AREA)
  • Mobile Radio Communication Systems (AREA)

Abstract

A trading and auction system (10), and a method for the authentication of buyers and sellers and for the transmission of trading instructions in a trading and auction system (10) is disclosed. To register with the trading and auction system (10), a user must provide a unique identifier of a messaging-capable wireless device (22) belonging to the user. After assigning a password to the user, the trading and auction system (10) communicates the password to the user and receives a confirmation of said password from said user, with at least one of the steps of communicating the password and receiving a confirmation of the password being performed using the wireless device's messaging capability (22). The user's account or trading instruction is activated if the password is correct. The trading and auction system (10) assigns a unique identification number to each product or service for sale or auction. Messages are sent to a buyer's wireless device (22) concerning offers or bids made by that buyer in relation to a product or service, with the unique identification number of the product or service included in a "Sender" field of each message. The buyer can send further trading instructions for the product by simply replying to the received message and entering a trading instruction. The trading and auction system (10) processes messages concerning a buyer's trading instructions on a product or service from that buyer's wireless device (22) by: determining the product or service by extracting and recognizing the unique identification number of the product or service from a "Recipient" field of received messages; identifying the buyer by extracting and recognizing the unique identifier of the wireless device from the "Sender" field of each message and parsing a text body of each message to determine the buyer's trading instructions for that product or service.
AT00944560T 2000-06-21 2000-06-21 TRADING AND AUCTIONING SYSTEM AND METHOD FOR AUTHENTICATING BUYERS AND SELLERS AND TRANSMITTING TRADING INSTRUCTIONS IN A TRADING AND AUCTIONING SYSTEM ATE360862T1 (en)

Applications Claiming Priority (1)

Application Number Priority Date Filing Date Title
PCT/SG2000/000092 WO2001098983A1 (en) 2000-06-21 2000-06-21 A trading and auction system, and methods for the authentication of buyers and sellers and for the transmission of trading instructions in a trading and auction system

Publications (1)

Publication Number Publication Date
ATE360862T1 true ATE360862T1 (en) 2007-05-15

Family

ID=20428832

Family Applications (1)

Application Number Title Priority Date Filing Date
AT00944560T ATE360862T1 (en) 2000-06-21 2000-06-21 TRADING AND AUCTIONING SYSTEM AND METHOD FOR AUTHENTICATING BUYERS AND SELLERS AND TRANSMITTING TRADING INSTRUCTIONS IN A TRADING AND AUCTIONING SYSTEM

Country Status (7)

Country Link
EP (1) EP1305745B1 (en)
CN (1) CN1454358A (en)
AT (1) ATE360862T1 (en)
AU (1) AU2000258642A1 (en)
DE (1) DE60034599D1 (en)
GB (1) GB2378552B (en)
WO (1) WO2001098983A1 (en)

Families Citing this family (12)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US10586282B2 (en) 1996-03-25 2020-03-10 Cfph, Llc System and method for trading based on tournament-style events
US8977559B2 (en) 2000-04-07 2015-03-10 Zyzeba Holding Limited Interactive marketing system
US8353763B2 (en) 2003-03-31 2013-01-15 Cantor Index, Llc System and method for betting on a participant in a group of events
US7641549B2 (en) 2003-04-11 2010-01-05 Cantor Index Llc Lottery and auction based tournament entry exchange platform
GB2417338A (en) * 2004-08-06 2006-02-22 Vodafone Plc Controlling distribution of information in a mobile telecommunications network
US7937685B2 (en) 2005-01-13 2011-05-03 Hsbc Technology & Services (Usa) Inc. Computer software implemented framework for configuration and release management of group systems software, and method for same
GB2425854A (en) 2005-04-21 2006-11-08 Saleh Al-Sarawi Transactions using mobile devices
US7797545B2 (en) 2005-09-29 2010-09-14 Research In Motion Limited System and method for registering entities for code signing services
EP1770589B1 (en) * 2005-09-29 2009-12-09 Research In Motion Limited System and method for registering entities for code signing services
US8340289B2 (en) 2005-09-29 2012-12-25 Research In Motion Limited System and method for providing an indication of randomness quality of random number data generated by a random data service
US8521544B2 (en) 2006-02-09 2013-08-27 At&T Intellectual Property I, Lp Method to negotiate for wireless services
US8768756B2 (en) 2007-08-01 2014-07-01 Unwired Nation, Inc. System and method of delivering audio communications

Family Cites Families (4)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
FI112895B (en) * 1996-02-23 2004-01-30 Nokia Corp A method for obtaining at least one user-specific identifier
US5835896A (en) * 1996-03-29 1998-11-10 Onsale, Inc. Method and system for processing and transmitting electronic auction information
US6604086B1 (en) * 1998-07-20 2003-08-05 Usa Technologies, Inc. Electronic commerce terminal connected to a vending machine operable as a telephone
DE29922971U1 (en) * 1999-12-29 2000-03-23 Me Technology Europe GmbH, 04430 Dölzig Arrangement for validating business transactions in e-business

Also Published As

Publication number Publication date
GB0225263D0 (en) 2002-12-11
EP1305745A1 (en) 2003-05-02
DE60034599D1 (en) 2007-06-06
WO2001098983A1 (en) 2001-12-27
EP1305745B1 (en) 2007-04-25
GB2378552A (en) 2003-02-12
AU2000258642A1 (en) 2002-01-02
GB2378552B (en) 2005-04-20
CN1454358A (en) 2003-11-05

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Legal Events

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RER Ceased as to paragraph 5 lit. 3 law introducing patent treaties