Patents by Inventor Frank S. Yuan

Frank S. Yuan has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Innovative financing method and system therefor
    Publication number: 20020038277
    Abstract: An auction with methods and mechanisms to avoid fraud are described. One fraud avoidance aspect involves the use of a financial institution, such as a factoring entity. The financial institution guarantees at least a partial payment of the amount owed by the winning buyer to the seller in case the winning buyer does not pay. Another fraud avoidance aspect provides the winning buyer with a period of time to inspect the goods or services purchased at the auction before having to pay for them.
    Type: Application
    Filed: July 30, 2001
    Publication date: March 28, 2002
    Inventor: Frank S. Yuan