Proximity-Based Trading Partner Matching System
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Solution Overview
Problem
Existing systems fail to automatically match trading partners based on their physical proximity, leading to missed opportunities for transactions between buyers and sellers who are geographically close but not identified as such, especially with the mobility of wireless devices.
Innovation Solution
A method and system that allows electronic devices to generate and transmit transaction requests, determining the location of the requester using GPS or other technologies, and identifying suitable trading partners based on their proximity and capability to fulfill the request.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Adaptability or versatility
If existing online transaction systems are used, then users can exchange goods and services over the Internet, but trading partners in close physical proximity cannot be automatically identified and matched
Solution Approach 1:
The patent introduces a transaction node as an intermediary system that receives transaction requests from electronic devices, determines locations using GPS or other location technologies, and matches traders based on proximity. This intermediary handles the complex location-based matching logic, allowing individual devices to remain relatively simple while achieving sophisticated proximity-based trading partner identification
Solution Approach 2:
The transaction node serves multiple functions: receiving transaction requests, determining geographic locations, identifying potential trading partners, and facilitating connections. This multi-functional approach consolidates various capabilities into a single system, reducing overall system complexity while enabling proximity-based matching
2Ease of operation
If wireless devices are made mobile to enable access from different locations, then user convenience is improved, but the ability to identify nearby trading partners is lost
Solution Approach 1:
The system continuously receives location information from mobile wireless devices via GPS or other location technologies and uses this feedback to dynamically identify and match trading partners based on current proximity. This feedback loop ensures that even as devices move, the system can continuously update and maintain accurate proximity-based matching
Solution Approach 2:
The system preliminarily determines the location of wireless devices and stores this information before transaction requests are made. This preliminary location determination ensures that when trading requests occur, the system already has the necessary proximity information to facilitate matching, even as devices move between locations
Data Source
AI summary
The present invention allows trading partners to be matched with each other based on the proximity of their locations and their capability to complete a desired transaction. Specifically, under the present invention a requestor will issue a transaction request seeking to exchange goods, services and/or information. A trading partner who can fulfill the transaction request will be identified based on a proximity of location of the trading partner to the requestor, as well as the capability of the trading partner to fulfill the transaction.