Invention Grant
- Patent Title: Peer-to-peer internet shopping marketplaces
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Application No.: US15334237Application Date: 2016-10-25
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Publication No.: US10380574B2Publication Date: 2019-08-13
- Inventor: Richard R. Crites
- Applicant: Richard R. Crites
- Applicant Address: PA Cuidad de Panama
- Assignee: OmniBazaar, Inc.
- Current Assignee: OmniBazaar, Inc.
- Current Assignee Address: PA Cuidad de Panama
- Agent David Crites
- Main IPC: G06Q30/06
- IPC: G06Q30/06 ; G06Q20/12 ; G06Q20/22 ; G06Q20/38

Abstract:
A method, medium, and system are provided to facilitate local or global exchange of goods and services through a decentralized network of peer-to-peer (P2P) nodes. In one aspect, the nodes may be maintained or operated by the participants in the marketplace system. The system may operate on both desktop and mobile devices. The system may operate with decentralized data storage. The system may operate with a decentralized system of incentives for participation of nodes. The system may operate with decentralized communication. The system may operate with a decentralized system to escrow payments between participants. The system may operate with a decentralized system of load balancing. The system may operate with a decentralized system by which certain listings can be prioritized in the network. The system may operate with decentralized transaction processing. The system may operate with a decentralized digital currency as the medium of exchange between participants.
Public/Granted literature
- US20170046680A1 Peer-to-Peer Internet Shopping Marketplaces Public/Granted day:2017-02-16
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