Gesture-Based Unified Transaction System Across Marketplaces
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Solution Overview
Problem
Current marketplace transaction systems require multiple logins and checkouts across different platforms, leading to inefficiencies, user frustration, and potential loss of funds or time due to the need for separate transactions in each marketplace.
Innovation Solution
A gesture-based system that enables unified multi-marketplace transactions through a single entity, allowing users to perform transactions across multiple platforms using gestures for information, fund transfers, and purchases, thereby streamlining the process and eliminating the need for multiple logins and checkouts.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Ease of operation
If users perform transactions at multiple marketplaces using traditional methods, then each transaction can be completed securely with proper authentication, but users experience loss of time and frustration due to multiple logins and checkouts
Solution Approach 1:
The patent merges multiple marketplace transactions into a single unified transaction process. Users initiate one transaction that can include items from multiple marketplaces, eliminating the need for separate logins and checkouts at each marketplace. The system combines authentication, item selection, and payment into a single workflow that spans multiple marketplaces but requires only one user interaction sequence.
Solution Approach 2:
The transaction system is designed to be universal across multiple marketplaces. A single transaction interface and authentication mechanism works across different marketplace platforms, allowing users to perform the same transaction type (purchase, refund, etc.) uniformly regardless of which marketplace is involved. This multi-functional approach eliminates the need for marketplace-specific transaction procedures.
2Reliability
If users perform transactions at multiple marketplaces using traditional methods, then each marketplace can process its own transaction independently, but users experience stress and frustration from managing multiple separate transactions
Solution Approach 1:
The system segments the transaction process into distinct phases: initiation, authentication, item selection, and completion. Each marketplace involved in the transaction handles only the relevant segment (e.g., item availability verification, payment processing) while the user experiences a unified workflow. This segmentation allows independent processing at each marketplace without requiring the user to manage multiple separate transaction flows.
Solution Approach 2:
The patent introduces an intermediary transaction management system that coordinates between multiple marketplaces and the user. This intermediary handles the complexity of multi-marketplace coordination, authentication, and item aggregation, shielding users from the underlying complexity. The intermediary ensures that each marketplace processes its portion reliably while presenting a unified interface to the user, reducing stress and frustration.
3Adaptability or versatility
If users cancel transactions after initiating them at multiple marketplaces, then users can avoid unwanted purchases, but merchants lose funds and users lose time at a later time
Solution Approach 1:
The system performs preliminary actions to prevent transaction cancellation issues. Before finalizing the transaction, the system secures item reservations, pre-authenticates users, and pre-coordinates with all involved marketplaces. This preliminary setup ensures that once the transaction is initiated, it can be completed without requiring later cancellations. If cancellation is necessary, the preliminary coordination enables faster, more efficient cancellation across all marketplaces simultaneously, reducing the time users and merchants wait.
Data Source
AI summary
Aspects of the present disclosure involve systems, methods, devices, and the like for processing a transaction. In one embodiment, a system is introduced that enables a communication between applications. The communication occurs through the use of one or more gestures that enable the request for information, funds, items for purchase and the like. In another embodiment, a system if introduced that enables a unified multi-marketplace communication. The communication includes the use of gestures for the transfer of information, funds, items for purchase, discounts, etc., using a unifying entity. The unifying entity can be a financial institution, payment provider, or the like that may be used to carry a transaction between applications allowing for a single checkout.