Online Barter System

An online barter system for facilitating the exchange of services of equivalent value includes a computer connected to a computer network and having a processor and memory. Programming causes the processor to receive barter offer data from a system subscriber/donor over the network. A monetary value...

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1. Verfasser: JACKOBY YAIR
Format: Patent
Sprache:eng
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Beschreibung
Zusammenfassung:An online barter system for facilitating the exchange of services of equivalent value includes a computer connected to a computer network and having a processor and memory. Programming causes the processor to receive barter offer data from a system subscriber/donor over the network. A monetary value and a corresponding quantity of barter credits are associated with the submitted barter offer. The system includes programming for receiving barter selection data from another subscriber, the request including a request to redeem a respective barter offer using the subscriber's barter credits. The system determines if the requester has sufficient barter credits to redeem the requester barter offer. The system facilitates performance of a redeemed barter service and the recipient may offer online feedback. If the feedback is positive, the donor's credits are increased and the recipient's credits are decreased. The system allows for negative feedback to be challenged by a respective donor.