Patents by Inventor Wouter Wolken

Wouter Wolken 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: 20160092979
    Abstract: A method and machine to provide a flexible pricing approach for one or more sellers and multiple buyers with a demand and time dependent real-time bid acceptance engine to work together to increase sales at optimal prices for both buyer and seller. Bids are accepted, by a machine comprising computing and comparative means as well as communication, fraud detection and manipulation parameters, at three potential moments in the process, at bid placement, between bid placement and auction end and at auction end. The acceptance threshold for bids is dependent on both time, demand and market volatility, but can be any combination of 2 or more. An auction will run between auction start and auction end and will only be prematurely terminated once supplies are depleted.
    Type: Application
    Filed: September 29, 2015
    Publication date: March 31, 2016
    Inventors: Wouter Wolken, Jeroen Stedehouder