Anonymous Trading Platform for Filtered Quote Matching
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Solution Overview
Problem
E-commerce platforms face inefficiencies in buyer-seller interactions due to time-consuming searches, non-anonymity issues, and excessive marketing pressure, leading to a need for improved systems that enable anonymous and efficient trading of goods and services.
Innovation Solution
A system and method that filters and sorts provider lists based on consumer requests, allows anonymous identity revelation upon selection, and facilitates payment within a pre-set time frame, using a processor and non-transitory storage medium to manage registration details, quotations, and financial information.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Measurement precision
If buyers conduct multiple rounds of inquiries to search for specific goods and compare prices, then price comparison accuracy is improved, but the process becomes time-consuming and requires multiple connections
Solution Approach 1:
The system pre-processes and stores comprehensive product information, pricing data, and provider details in a database before the buyer needs to search. When a buyer initiates a search, the system retrieves and presents pre-organized information through automated queries, eliminating the need for multiple manual inquiry rounds and significantly reducing search time while maintaining accurate price comparison capabilities
2Adaptability or versatility
If sellers repetitively send reorder reminders and notifications to buyers, then marketing coverage is improved, but buyers experience excessive contact pressure and stress
Solution Approach 1:
The system enables buyers to actively manage their own purchasing needs by initiating searches, receiving personalized quotations, and making selections without unsolicited marketing pressure. Providers can send targeted notifications only when relevant, and buyers have full control over their interaction timeline, transforming the communication dynamic from intrusive to service-oriented
3Reliability
If buyers and sellers generate visible profiles during the purchase process, then transaction transparency is improved, but buyer and seller anonymity is compromised
Solution Approach 1:
The system separates different stages of the transaction process into distinct phases: initial anonymous profile creation, identity revelation upon selection, and final transaction completion. Buyers and sellers maintain anonymous identifiers throughout the browsing and quotation phase, then reveal real identities only when both parties select each other, ensuring both anonymity during search and transparency during execution
4Productivity
If the system filters and sorts provider lists based on consumer requests, then search efficiency is improved, but system complexity increases
Solution Approach 1:
The system implements flexible filtering and sorting mechanisms that allow consumers to dynamically adjust search parameters such as price range, location, service type, and provider ratings. The database structure is designed to handle multiple sort orders and filter combinations efficiently, enabling customized search results without requiring complex manual processing, thus improving search efficiency while managing system complexity through structured data organization
Data Source
AI summary
Disclosed is a system and method for trading goods and services comprising a processor and a non-transitory computer-readable storage medium storing instructions executable by the processors. The processor assigns both a consumer and service and/or goods provider an anonymous code for purposes of anonymity during the purchase process. The processor further enables the system to perform operations comprising, filtering a first set of registration details associated with registered service providers to generate a list of filtered service providers, receiving quotations associated with the requested goods and/or the service; sorting purchase prices, and generating a first notification when the consumer selects a service provider. Prior to consummation of the purchase, the anonymous codes are converted to provide the true identities of the consumer and provider to effectuate the preparation of a sales agreement and payment of the requested goods and/or service to stimulate and increase commerce.