Patents by Inventor Shrikant U. Janolkar

Shrikant U. Janolkar 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: 20170024754
    Abstract: A method of negotiating prices and distributing products and services manages a product transaction between a plurality of buyer accounts and a seller account. The buyer accounts and the seller account are managed by a remote server. Through corresponding personal computing devices, the buyer accounts are able to submit a future product demand notification to the seller account. The seller account is able to submit an array of quoted prices in accordance to the future product demand received. After receiving negotiation feedback from the buyer accounts, the seller then adjusts the array of quoted prices. The process repeats until the buyer accounts and the seller account agree on a final price point. A monetary transaction is managed by the remote server between the core buyer accounts of the buyer accounts and the seller account. The product demand is then sent to the buyer accounts to receive the product as needed.
    Type: Application
    Filed: July 22, 2016
    Publication date: January 26, 2017
    Inventor: Shrikant U. Janolkar