WO2000046712A2 - Method and system for verifying goods to facilitate commercial transactions - Google Patents
Method and system for verifying goods to facilitate commercial transactions Download PDFInfo
- Publication number
- WO2000046712A2 WO2000046712A2 PCT/US2000/002554 US0002554W WO0046712A2 WO 2000046712 A2 WO2000046712 A2 WO 2000046712A2 US 0002554 W US0002554 W US 0002554W WO 0046712 A2 WO0046712 A2 WO 0046712A2
- Authority
- WO
- WIPO (PCT)
- Prior art keywords
- analysis
- verification
- results
- request
- product
- Prior art date
Links
Classifications
-
- G—PHYSICS
- G06—COMPUTING; CALCULATING OR COUNTING
- G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
- G06Q99/00—Subject matter not provided for in other groups of this subclass
Definitions
- the present invention relates generally to marketplaces for transacting in goods and, more specifically, to organizing the verification of goods offered by multiple web-based vertical marketplaces in order to facilitate transactions.
- IP Internet protocol
- a web-based trading hub is an online intermediary that connects fragmented buyers and sellers and allows them to conduct business electronically.
- Web trading hubs eliminate inefficiencies by aggregating offerings from many sellers or by matching buyers and sellers in an exchange or auction.
- the architecture of a generic web-based trading hub 12 is illustrated in the block diagram of FIG. 1. For buyers 14, trading hubs lower purchasing costs and enable buyers to reach new sellers 16. For sellers 16, trading hubs lower sales costs and allow sellers to reach new buyers 14.
- Lead generation hubs are typically seller-driven and derive revenue from ads, commissions on sales, or fees for delivering qualified leads to suppliers. Lead generation hubs provide value by understanding the information needs of their users and by integrating and aggregating content, information and transactions for buyers and sellers.
- the industry- specific communities offered by the www.VerticalNet.com web site are examples of lead generation hubs.
- Catalog aggregators help buyers make buying decisions by aggregating catalogs from multiple vendors of products having relatively static prices. Catalog aggregators also normalize information coming from diverse sources to enable comparisons of similar products and services. Catalog aggregators typically function as virtual distributors but don't take possession of goods themselves. Examples of catalog aggregator hubs include the www.Chemdex.com and the www.PlasticsNet.com web sites. Auction hubs let multiple buyers bid competitively for products from individual suppliers and are suitable for hard-to-move goods such as used capital equipment and surplus or excess inventory. Prices only move up, but buyers can buy below list prices while sellers sell for more than a liquidator pays. Auctions are becoming a feature of many web-based markets, but some use auctions as their primary market mechanism. An example of an auction hub is the www.TradeOut.com hub for used equipment.
- the present invention facilitates transactions througha wide variety of web-based marketplaces for trading in goods, including chemicals, electronic parts, and other industrial goods.
- a web-based central analysis hub is provided through which (1) requests for the analysis of transaction goods by transaction participants are processed and distributed to selected analysis laboratories, and (2) goods analysis results from the analysis labs are collected from the analysis labs and distributed to transaction participants.
- an analysis hub accepts requests for the verification of transaction objects from a web- based marketplace or other requestor via a distributed computer network such as the Internet.
- a web-based chemicals marketplace might submit a request to the analysis hub through the Internet or another electronic network requesting that particular quantity verification and chemical analyses be performed on a particular lot of chemicals that a buyer is interested in purchasing via the marketplace.
- the analysis hub then routes analysis and surveying instructions through the network to a selected one of several analysis laboratories equipped to perform the analysis. Once the analysis has been performed, the hub accepts the analysis results from the lab via the network and routes the results to the requestor or another transaction participant via the network.
- the hub can route the analysis results to the transaction participant by serving a web page over the network in response to a web page request received from the transaction participant.
- the web page may be served from a secure server to preclude public access to the results if desired.
- the analysis results may be delivered to the requestor via an encrypted or unencrypted electronic mail message containing the results, via a facsimile transmission, or via other known information delivery mechanisms.
- the analysis results may be linked by the analysis hub via the electronic network to a graphical object, such as an icon, on a web page of the respective web- based marketplace.
- a graphical object displayed on the marketplace web page may indicate the status of the analysis results, and the analysis results may be served to a prospective buyer on the marketplace when the buyer selects the graphical object.
- the present invention thus advantageously provides web- based marketplaces and analysis laboratories with a single point of contact (a product verification hub) through which analysis requests and analysis results may be routed electronically. Information transparency for marketplace participants is improved, and web marketplace efficiency may therefore be enhanced.
- FIG. 1 is a block diagram illustrating the architecture of a prior art web-based trading hub.
- FIG. 2 is a block diagram illustrating a web-based transactions network including a product verification hub for facilitating product transactions among buyers, sellers, and electronic marketplaces in accordance with an exemplary embodiment of the present invention.
- FIG. 3 is a schematic block diagram illustrating a product verification hub in accordance with an exemplary embodiment of the present invention.
- FIG. 4 is a flow diagram indicating the steps in a method for providing verification data associated with a transaction object to a requestor in order to facilitate a transaction in accordance with an exemplary embodiment of the present invention.
- FIG. 5 is a flow diagram indicating the steps in a method for providing analysis results associated with transaction goods to a transaction party in accordance with an exemplary embodiment of the present invention.
- the present invention is directed to providing verification data, such as a goods analysis report and a quantity surveying report, to a requestor, such as a buyer of the goods or a web-based marketplace for trading in the goods.
- verification data such as a goods analysis report and a quantity surveying report
- a requestor such as a buyer of the goods or a web-based marketplace for trading in the goods.
- the present invention can provide verification information associated with a transaction object through a verification hub over an electronic network in order to facilitate a transaction. According to one aspect of the invention, information transparency is increased and the efficiency of web-based transaction marketplaces is thereby improved.
- FIG. 2 a block diagram is presented that illustrates a web-based transactions network 10 including a product analysis hub 20 for facilitating product transactions among buyers 14, sellers 16, and electronic marketplaces 22 or other web-based intermediaries.
- marketplaces 22 typically include web-based transaction hubs each organized to serve a particular vertical industry market.
- marketplace 22a might serve the chemicals industry
- marketplace 22b might serve the plastics industry
- marketplace 22c might serve the petrochemicals industry.
- the electronic marketplaces 22 aggregate demand and supply in the particular vertical market served.
- analysis labs 24 typically provide specialized analysis services according to the industry served or the goods handled.
- analysis lab 24a might provide materials spectrographic analysis
- analysis lab 24b might provide plastics physical analysis
- analysis lab 24c might provide sulfur content analysis or other verification results for petrochemical products.
- the verifiers may also comprise other verifier nodes and analysis entities.
- the analysis hub 20 is adapted to interface with LIMS-enabled analysis laboratories to provide access to laboratory procedures and workflow automated by a LIMS system.
- Web-based analysis hub 20, aggregates the demand by multiple marketplaces 22 for the analysis services required by marketplace participants such as marketplaces 22, individual buyers 14, and individual sellers 16.
- Analysis hub 20 also aggregates the supply of analysis services resources, such as analysis labs 24, that is available to marketplaces 22 for the verification of the goods.
- the analysis hub provides a single point of contact via an electronic network for marketplaces and individual buyers and sellers, on the one hand, and for multiple specialized analysis labs, on the other hand.
- the analysis hub reduces analysis search costs for the transaction participants and the analysis labs and efficiently improves transaction information transparency for traders using electronic marketplaces 22.
- Communications between marketplace participants 14, 16, 22, analysis laboratories 24, and the web-based analysis hub 20 within the electronic transactions network 10 can take many forms.
- electronic mail (“email”) messages may be sent between transactions network elements. Email messages may be encrypted if necessary to secure the message.
- data may be delivered via a webpage served in response to a hypertext transfer protocol (“HTTP”) request.
- HTTP hypertext transfer protocol
- the web page data may be secured by using a secure server employing the HTTP Secure (“HTTPS”) protocol or other security measures known in the art.
- HTTPS HTTP Secure
- other information delivery mechanisms as are know in the art, such as facsimile transmission and regular mail delivery, may be employed without departing from the invention.
- the verification hub 20 includes a requestor interface 28 that is adapted to accept product verification requests, such as requests for analysis, from requestors via the electronic network 26, such as the Internet or a virtual private network.
- Requestors may be buyers 14, sellers 16, or the marketplaces 22 themselves.
- a marketplace 22 might request that an analysis be performed by providing, through the requestor interface 28 over the Internet 26, a goods identifier, product identifier, commodities lot identifier or other object identifier identifying the goods, commodity lot, or other transaction object for which analysis is to be performed along with instructions indicating the analysis to be performed.
- the product verification hub 20 further includes a router/server 30 that routes the analysis request to an appropriate analysis laboratory 24 through verifier interface 32 via the electronic network.
- router/server 30 can route the analysis request to an appropriate analysis laboratory based on the product identifier and the analysis instructions. After the requested analysis has been performed, the analysis results are accepted by the hub 20 through the verifier interface 32 over the electronic network 26.
- the hub 20 is adapted to interface through the analysis lab's LIMS to automate analysis data transfer.
- the router/server 30 is adapted to route the analysis results to the requestor or to another transaction participant (such as a buyer, seller, or marketplace) via the requestor interface over the electronic network in order to provide transaction information transparency and facilitate the transaction.
- the router/server 30 may also be adapted to serve a web page that includes the analysis results in response to a webpage request from the requestor or another transaction party.
- the router/server may include a secure server, such as an HTTPS server, so that the analysis results are available only to the intended party and cannot be accessed by other parties.
- the router/server 30 may also include an email server adapted to deliver the analysis results to the requestor or another transaction party via encrypted or unencrypted electronic mail over the electronic network 26.
- the router/server may be adapted to deliver the analysis results via facsimile transmission.
- the hub 20 is adapted to accept the analysis request and the analysis results using XML.
- the verification hub 20 includes a memory 34 for storing the analysis results.
- a transaction participant may retrieve the analysis results later via the memory 34 from the hub 20.
- the hub 20 maintains analysis status information indicating the status of the analysis results (for example: analysis ordered, in-process, completed, passed, failed) and provides an analysis results status indicator to a transaction participant upon request.
- FIGS. 2, 3 and 4 a flow diagram indicating the steps in an exemplary method for providing verification data associated with a transaction object to a requestor in order to facilitate a transaction is illustrated in FIG. 4.
- the method begins at step 400.
- the verification hub 20 accepts a database request from a requestor, such as a transaction participant.
- the database request may inquire about the availability of analysis data associated with a particular chemical lot or other transaction object, for example.
- the hub 20 provides a database response to the database request associated with the transaction object to the requestor through the requestor interface 28.
- step 406 at which step the verification hub 20 accepts an analysis request or other verification request from a buyer 14, seller 16, marketplace 22, or other requestor over the Internet 26 through the requestor interface 28.
- the analysis request includes an object identifier that identifies the transaction object.
- the hub 20 also accepts posting instructions from the requestor indicating whether the analysis results should be made publicly available.
- the router/server 30 routes analysis instructions or other verification instructions associated with the analysis request to an appropriate analysis lab 24 or other verifier through the Internet.
- step 412 the verification hub 20 accepts the results of the analysis or other verification process from the analysis lab 24 through the verifier interface 32.
- the analysis results are preferably suitable for facilitating a transaction in the goods by providing information transparency to all of the transaction participants.
- the verification hub stores the analysis results in memory storage 34 for later retrieval.
- the hub 20 receives a password from a requestor of the analysis results, according to one exemplary embodiment of the invention. If the password is an acceptable password, then the method proceeds to step 418 and the router/server 30 serves a webpage including the analysis results to the requestor. Alternatively, the analysis results may be provided via an electronic mail message. An analysis results status indicator, rather than the analysis results themselves, may be provided to the requestor. The requestor may be a buyer 14, a seller 16, and/or a marketplace 22.
- the method according to one exemplary embodiment of the invention includes the step of offering an insurance product that is based on the verification results to a transaction participant via the network 26.
- an exemplary embodiment can support the delivery of analysis results or other verification data to buyers, sellers, and other transaction participants in a web-based marketplace in order to increase information transparency and thereby facilitate transactions.
- the verification hub 20 can route analysis requests and analysis results to and from transaction participants (buyers 14, sellers 16, and marketplaces 22) and analysis laboratories 24 via an electronic communications network.
- FIGS. 2, 3 and 5 a flow diagram indicating the steps in an exemplary method for providing analysis data associated with transaction goods to a transaction party is illustrated in FIG 5.
- the method begins at step 500.
- verification hub 20 accepts surveying instructions through requestor interface 28 from the transaction party to indicate the surveying to be performed on the goods.
- the hub 20 accepts sampling instructions from the transaction party indicating the subset of the goods for which the analysis is to be performed.
- step 506 the hub 20 selects an appropriate analysis lab and sends an electronic mail message through the verifier interface 32 to the analysis lab 24 to indicate that an analysis request has been received.
- step 508 the hub 20 receives a responsive acknowledgement from the analysis lab 24 through the verifier interface 32.
- the hub then sends an electronic message that includes the analysis request via the computer network 26 to the analysis lab 24 at step 510.
- step 512 the hub receives a confirmation from the analysis lab 24 via the verifier interface 32 indicating receipt and acceptance of the analysis request by the analysis laboratory.
- the hub 20 accepts the analysis results from the analysis lab via the computer network 26.
- the analysis results are stored in a memory 34 for later retrieval according to one exemplary embodiment of the invention.
- the stored analysis results are linked via the computer network 26 to a graphical object displayed on the marketplace web site.
- the graphical object preferably indicates the status of the analysis results.
- the graphical object may be either of two icons that indicate whether analysis results are available.
- the server/router 30 serves a web page that includes the analysis results via the communications network 26 in response to a web page request received from one of the transaction parties via the requestor interface 28.
- the router/server 30 may send a secure or unsecure electronic mail message that includes the analysis results to the transaction party.
- the marketplace 22 or another transaction party may periodically poll the hub 20 with an electronic data request at step 520, and the hub may provide an update to the analysis results through the requestor interface at step 522. The method then terminates at step 524.
- the method according to the exemplary embodiment illustrated in the flow diagram of FIG. 5 aggregates the demand from multiple marketplaces 22 for the analysis services required by buyers 14, sellers 16, and marketplaces 22. At the same time, the supply of analysis resources available from multiple analysis laboratories 24 is aggregated. This allows transaction participants and analysis labs to have a single point of contact (the analysis hub 20), thus reducing search costs for all parties and improving the efficiency of marketplaces 22. It will be apparent to those skilled in the art that surveying and other verification services other than analysis can be aggregated without departing from the present invention. From the foregoing, it will be appreciated that the exemplary embodiments of the present invention overcome the limitations of the prior art described herein.
Landscapes
- Business, Economics & Management (AREA)
- Physics & Mathematics (AREA)
- General Business, Economics & Management (AREA)
- General Physics & Mathematics (AREA)
- Engineering & Computer Science (AREA)
- Theoretical Computer Science (AREA)
- Management, Administration, Business Operations System, And Electronic Commerce (AREA)
Abstract
Description
Claims
Priority Applications (1)
Application Number | Priority Date | Filing Date | Title |
---|---|---|---|
AU33546/00A AU3354600A (en) | 1999-02-02 | 2000-02-01 | Method and system for verifying goods to facilitate commercial transactions |
Applications Claiming Priority (2)
Application Number | Priority Date | Filing Date | Title |
---|---|---|---|
US11825099P | 1999-02-02 | 1999-02-02 | |
US60/118,250 | 1999-02-02 |
Publications (2)
Publication Number | Publication Date |
---|---|
WO2000046712A2 true WO2000046712A2 (en) | 2000-08-10 |
WO2000046712A8 WO2000046712A8 (en) | 2002-07-25 |
Family
ID=22377439
Family Applications (1)
Application Number | Title | Priority Date | Filing Date |
---|---|---|---|
PCT/US2000/002554 WO2000046712A2 (en) | 1999-02-02 | 2000-02-01 | Method and system for verifying goods to facilitate commercial transactions |
Country Status (2)
Country | Link |
---|---|
AU (1) | AU3354600A (en) |
WO (1) | WO2000046712A2 (en) |
Cited By (2)
Publication number | Priority date | Publication date | Assignee | Title |
---|---|---|---|---|
US6865559B2 (en) * | 2000-12-07 | 2005-03-08 | International Business Machines Corporation | Method and system in electronic commerce for inspection-service-based release of escrowed payments |
EP2633478A1 (en) * | 2010-10-27 | 2013-09-04 | Giesecke & Devrient GmbH | Specification for an authenticity feature |
-
2000
- 2000-02-01 WO PCT/US2000/002554 patent/WO2000046712A2/en active Application Filing
- 2000-02-01 AU AU33546/00A patent/AU3354600A/en not_active Abandoned
Non-Patent Citations (1)
Title |
---|
No Search * |
Cited By (2)
Publication number | Priority date | Publication date | Assignee | Title |
---|---|---|---|---|
US6865559B2 (en) * | 2000-12-07 | 2005-03-08 | International Business Machines Corporation | Method and system in electronic commerce for inspection-service-based release of escrowed payments |
EP2633478A1 (en) * | 2010-10-27 | 2013-09-04 | Giesecke & Devrient GmbH | Specification for an authenticity feature |
Also Published As
Publication number | Publication date |
---|---|
WO2000046712A8 (en) | 2002-07-25 |
AU3354600A (en) | 2000-08-25 |
Similar Documents
Publication | Publication Date | Title |
---|---|---|
US6606603B1 (en) | Method and apparatus for ordering items using electronic catalogs | |
US10282767B2 (en) | System and method for negotiating improved terms for products and services being purchased through the internet | |
US5758328A (en) | Computerized quotation system and method | |
US7295989B2 (en) | Method and system for providing direct and indirect sales channels for goods or services from a single point of purchase | |
US20020099611A1 (en) | Formation of horizontal, vertical and diagonal databases in an extranet based e-commerce platform | |
US20070118434A1 (en) | System and method for transaction automation | |
WO2002003302A1 (en) | Buying and selling goods and services using automated method and apparatus | |
WO2001084278A2 (en) | Internet-based systems and methods for reallocating and selling used industrial equipment and machinery | |
US20010047305A1 (en) | System and method for conducting business-to-business communications | |
US20050144082A1 (en) | Systems and methods for ordering from multiple vendors | |
US20060100896A1 (en) | Web based restaurant management | |
US20050144129A1 (en) | Systems and methods for paying vendors using CCR data | |
JP5242878B2 (en) | Method, apparatus and system for network-based peer-to-peer business transactions | |
US20070011055A1 (en) | E-commerce with direct access to real-time inventory | |
US7356491B2 (en) | Method for transferring large supplier catalogs through the internet network | |
US20050177468A1 (en) | Request for quote system and method | |
WO2001077936A2 (en) | Electronic system and method for end to end operation and management of industry supply chain | |
WO2000046712A2 (en) | Method and system for verifying goods to facilitate commercial transactions | |
JP2001283096A (en) | Communication line shopping system, server device, client device and information management device | |
KR20220116722A (en) | Shopping mall operation system for overseas online distribution | |
US7707094B1 (en) | System and method for electronically sourcing products | |
KR20030074346A (en) | System and method of electronic commerce combining purchasing and delivery | |
JP7042000B2 (en) | Information processing equipment, information processing methods, and programs | |
KR100367076B1 (en) | Electronic Commerce System of Reverse-Auction Type for Scientific Articles and Equipments and Method thereof | |
KR20010081488A (en) | Agency system for network-based public purchase service |
Legal Events
Date | Code | Title | Description |
---|---|---|---|
AK | Designated states |
Kind code of ref document: A2 Designated state(s): AE AL AM AT AU AZ BA BB BG BR BY CA CH CN CR CU CZ DE DK DM EE ES FI GB GD GE GH GM HR HU ID IL IN IS JP KE KG KP KR KZ LC LK LR LS LT LU LV MA MD MG MK MN MW MX NO NZ PL PT RO RU SD SE SG SI SK SL TJ TM TR TT TZ UA UG UZ VN YU ZA ZW |
|
AL | Designated countries for regional patents |
Kind code of ref document: A2 Designated state(s): GH GM KE LS MW SD SL SZ TZ UG ZW AM AZ BY KG KZ MD RU TJ TM AT BE CH CY DE DK ES FI FR GB GR IE IT LU MC NL PT SE BF BJ CF CG CI CM GA GN GW ML MR NE SN TD TG |
|
121 | Ep: the epo has been informed by wipo that ep was designated in this application | ||
DFPE | Request for preliminary examination filed prior to expiration of 19th month from priority date (pct application filed before 20040101) | ||
REG | Reference to national code |
Ref country code: DE Ref legal event code: 8642 |
|
AK | Designated states |
Kind code of ref document: C1 Designated state(s): AE AL AM AT AU AZ BA BB BG BR BY CA CH CN CR CU CZ DE DK DM EE ES FI GB GD GE GH GM HR HU ID IL IN IS JP KE KG KP KR KZ LC LK LR LS LT LU LV MA MD MG MK MN MW MX NO NZ PL PT RO RU SD SE SG SI SK SL TJ TM TR TT TZ UA UG UZ VN YU ZA ZW |
|
AL | Designated countries for regional patents |
Kind code of ref document: C1 Designated state(s): GH GM KE LS MW SD SL SZ TZ UG ZW AM AZ BY KG KZ MD RU TJ TM AT BE CH CY DE DK ES FI FR GB GR IE IT LU MC NL PT SE BF BJ CF CG CI CM GA GN GW ML MR NE SN TD TG |
|
D17 | Declaration under article 17(2)a | ||
32PN | Ep: public notification in the ep bulletin as address of the adressee cannot be established |
Free format text: COMMUNICATION UNDER RULE 69 EPC ( EPO FORM 2524/03 DATED 16/12/02 ) |
|
122 | Ep: pct application non-entry in european phase |