Patents by Inventor Shaobin PENG

Shaobin PENG 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).

  • Publication number: 20180211309
    Abstract: A method of auction is disclosed. The method includes: detecting one or more auction prices from a plurality of second calculating devices within a pre-set time by a first calculating device; upon detection of at least one auction price, determining one of the plurality of second calculating devices as a successful bidder within the pre-set time; and repeating the foregoing steps until the item is sold or passed, wherein when the item is sold, the method further includes: giving a commission or a red envelope to each second calculating device that has been determined as a successful bidder within a corresponding pre-set time except the second calculating device to which the item is sold. The method enables a user to implement online item transaction through a second calculating device, thus lowering the threshold for a common user to participate in auction.
    Type: Application
    Filed: July 5, 2017
    Publication date: July 26, 2018
    Applicant: SHANGHAI BAOKU INFORMATION TECHNOLOGY CO., LTD.
    Inventors: Shaobin PENG, Naiyue WANG, Peng YUE