PH12020550166A1 - Method and system for online auctions - Google Patents

Method and system for online auctions

Info

Publication number
PH12020550166A1
PH12020550166A1 PH12020550166A PH12020550166A PH12020550166A1 PH 12020550166 A1 PH12020550166 A1 PH 12020550166A1 PH 12020550166 A PH12020550166 A PH 12020550166A PH 12020550166 A PH12020550166 A PH 12020550166A PH 12020550166 A1 PH12020550166 A1 PH 12020550166A1
Authority
PH
Philippines
Prior art keywords
bid
amount
fee
winning
designated
Prior art date
Application number
PH12020550166A
Inventor
Kevin Sunlin Wang
Original Assignee
Bynfor Inc
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
Priority claimed from PCT/US2017/053772 external-priority patent/WO2018067360A1/en
Priority claimed from US15/717,594 external-priority patent/US20180018732A1/en
Application filed by Bynfor Inc filed Critical Bynfor Inc
Publication of PH12020550166A1 publication Critical patent/PH12020550166A1/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

Landscapes

  • Business, Economics & Management (AREA)
  • Finance (AREA)
  • Accounting & Taxation (AREA)
  • Marketing (AREA)
  • Development Economics (AREA)
  • Economics (AREA)
  • Entrepreneurship & Innovation (AREA)
  • Strategic Management (AREA)
  • Physics & Mathematics (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)

Abstract

Disclosed is system and method for sealed bid online auctions according to a set of predetermined rules. The system designates a winning bid rank for the winning bid and a designated bid rank for a designated bid relative to the winning bid. A fee may be associated with a bid, and may be allocated to one or more auction participants or one or more non-auction participants. A payment amount associated with the amount of the winning bid is calculated in accordance with one or more sets of predetermined rules. Calculation of the payment amount may be based on at least one of the fee or an adjustment based the amount of the winning bid and the amount of the designated bid. The fee may be paid by one or more auction or non-auction participants.
PH12020550166A 2017-09-27 2020-03-27 Method and system for online auctions PH12020550166A1 (en)

Applications Claiming Priority (5)

Application Number Priority Date Filing Date Title
PCT/US2017/053772 WO2018067360A1 (en) 2016-10-03 2017-09-27 System and method for reverse sealed bid auctions
US15/717,594 US20180018732A1 (en) 2015-10-27 2017-09-27 System and method for reverse sealed bid auctions
US201762584061P 2017-11-09 2017-11-09
US201862623945P 2018-01-30 2018-01-30
PCT/US2018/053245 WO2019067803A1 (en) 2017-09-27 2018-09-27 Method and system for online auctions

Publications (1)

Publication Number Publication Date
PH12020550166A1 true PH12020550166A1 (en) 2021-02-22

Family

ID=65902586

Family Applications (1)

Application Number Title Priority Date Filing Date
PH12020550166A PH12020550166A1 (en) 2017-09-27 2020-03-27 Method and system for online auctions

Country Status (13)

Country Link
EP (1) EP3688712A4 (en)
JP (1) JP7180904B2 (en)
KR (1) KR20200079495A (en)
CN (1) CN111771221A (en)
AU (1) AU2018338645A1 (en)
BR (1) BR112020006273A2 (en)
IL (1) IL273654A (en)
MX (1) MX2020006969A (en)
PH (1) PH12020550166A1 (en)
RU (1) RU2020114416A (en)
SG (1) SG11202002845UA (en)
WO (1) WO2019067803A1 (en)
ZA (1) ZA202003227B (en)

Families Citing this family (2)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
WO2019046829A1 (en) * 2017-09-01 2019-03-07 Wang Kevin Sunlin Location-based verification for predicting user trustworthiness
WO2024034454A1 (en) * 2022-08-09 2024-02-15 株式会社村田製作所 Matching system, recruiter device, and method

Family Cites Families (13)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
JP3407561B2 (en) * 1996-09-04 2003-05-19 株式会社日立製作所 Auction apparatus and method
GB9819933D0 (en) * 1998-09-14 1998-11-04 Ncr Int Inc System and method for conducting an electronic auction over an open communications network
US8200547B2 (en) * 2001-01-22 2012-06-12 Voyager Technologies, Inc. Real time electronic commerce telecommunication system and method
US20040186805A1 (en) 2000-07-01 2004-09-23 Gologorsky Steven Phillip Sealed-bid auction comprising staged bid publication
JP2002123705A (en) 2000-08-09 2002-04-26 Tabata Tomohiko Auctioning method, and recording medium and program used for the same
US7676034B1 (en) * 2003-03-07 2010-03-09 Wai Wu Method and system for matching entities in an auction
JP4018661B2 (en) 2004-04-20 2007-12-05 ディーコープ株式会社 Network reverse auction control method, control program, and server device
US20070027792A1 (en) * 2005-07-29 2007-02-01 Charles Smith Online auction system
US20070050290A1 (en) * 2005-08-31 2007-03-01 Transitiondynamics International, Inc. System and method for anonymized disclosure of corporate data in electronic negotiations
WO2009051751A2 (en) 2007-10-16 2009-04-23 Cra International, Inc. 2-phase auction design and implementation
US20160098788A1 (en) 2015-10-27 2016-04-07 Kevin Sunlin Wang Method and system for sealed bid auctions
CN108496195A (en) 2016-02-19 2018-09-04 凯文·孙林·王 The method and system of sealed auction of submitting a tender
BR112019006811A8 (en) 2016-10-03 2023-04-25 Operr Tech Inc SYSTEM AND METHOD FOR SEALED BID REVERSE AUCTIONS

Also Published As

Publication number Publication date
RU2020114416A3 (en) 2022-05-04
WO2019067803A1 (en) 2019-04-04
KR20200079495A (en) 2020-07-03
IL273654A (en) 2020-05-31
CN111771221A (en) 2020-10-13
AU2018338645A1 (en) 2020-05-07
JP2021503638A (en) 2021-02-12
EP3688712A4 (en) 2021-06-23
SG11202002845UA (en) 2020-04-29
RU2020114416A (en) 2021-10-27
BR112020006273A2 (en) 2021-03-23
JP7180904B2 (en) 2022-11-30
WO2019067803A8 (en) 2020-06-04
MX2020006969A (en) 2021-06-15
ZA202003227B (en) 2021-08-25
EP3688712A1 (en) 2020-08-05

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