Social Network Securities Watchlist Sharing System
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Solution Overview
Problem
There is a need for a system that allows users to easily share securities information with others within social networks, as existing methods lack efficient and integrated solutions for collaborative securities information management and sharing.
Innovation Solution
A system and method that enables users to create groups on social networks, associate their social network accounts with non-social network accounts, and share securities information through a dedicated application, allowing users to manage watchlists, view and comment on securities, and rate other users, with information displayed based on selected viewing modes and user permissions.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Productivity
If users manually share securities information through traditional methods, then information sharing is possible, but the process is time-consuming and lacks real-time collaboration capabilities
Solution Approach 1:
The patent combines social networking capabilities with securities information management by integrating group formation, user profiles, and real-time communication tools directly into the watchlist management system. This merging allows users to share securities information, comments, and ratings within social groups without leaving the platform, eliminating the need for separate manual sharing processes and enabling real-time collaboration on investment research.
2Ease of operation
If securities information is shared broadly across the platform, then accessibility is improved, but information privacy and user control over sharing permissions deteriorate
Solution Approach 1:
The patent implements granular permission settings that allow users to control securities information sharing at different levels: individual watchlists can be shared with specific groups or the entire platform, while comments and ratings can have separate visibility settings. This local quality approach enables users to make each piece of information privately or publicly accessible based on specific needs, rather than applying a single global privacy setting to all content.
Solution Approach 2:
The system provides dynamic permission management where users can adjust sharing settings for different securities, groups, and time periods. Permissions are not static but can be modified as users' needs change, allowing flexible control over who can view, comment on, or rate specific securities information without requiring complete reconfiguration of privacy settings.
3Adaptability or versatility
If multiple users contribute securities information and comments, then collaboration and user engagement improve, but information organization and retrieval become more complex
Solution Approach 1:
The patent segments securities information into distinct components: watchlists, comments, and ratings, each with its own management interface and permission structure. This segmentation allows users to organize and control different types of collaborative content separately, making the overall system more manageable despite the variety of collaborative features available.
4Reliability
If real-time synchronization of securities information is implemented, then data freshness is improved, but system resource consumption and processing load increase
Solution Approach 1:
The system implements periodic synchronization where securities information, comments, and ratings are updated at scheduled intervals rather than continuously in real-time. This periodic action maintains data freshness by regularly refreshing information while reducing the constant processing load and energy consumption associated with continuous real-time synchronization across all users and devices.
Data Source
AI summary
A system and method allows users to share watchlists with other users of a group such as that established on a social network server, and receives and displays other related information.