Abstract: A method and computer program product is provided for an online bidding system. The method may include receiving a plurality of bids from a plurality of online bidding communities during a live auction event at one of a primary technology provider and a relying technology provider, wherein the live auction event simultaneously occurs on a physical auction floor and virtually. The method may also include processing the plurality of bids at the primary technology provider. The method may further include providing the processed plurality of bids to a single designated clerking console associated with the primary technology provider for the live auction event. The method may also include receiving an accepted bid from the single designated clerking console.
Type:
Grant
Filed:
June 1, 2018
Date of Patent:
June 30, 2020
Assignee:
Invaluable, LLC
Inventors:
David J. Charles, Michael L. Kaplan, Michael A. Greenstein, Elizabeth Beiriger
Abstract: A method and computer program product is provided for an online bidding system. The method may include receiving a plurality of bids from a plurality of online bidding communities during a live auction event at one of a primary technology provider and a relying technology provider, wherein the live auction event simultaneously occurs on a physical auction floor and virtually. The method may also include processing the plurality of bids at the primary technology provider. The method may further include providing the processed plurality of bids to a single designated clerking console associated with the primary technology provider for the live auction event. The method may also include receiving an accepted bid from the single designated clerking console.
Type:
Grant
Filed:
December 18, 2014
Date of Patent:
June 12, 2018
Assignee:
INVALUABLE, LLC
Inventors:
David J. Charles, Rob Ehlert, Rod Funston, Michael A. Greenstein, Michael L. Kaplan, Scott Miles, Sean Quimby