Eric Boyd

Title: Innovations by Eric Boyd: Pioneering Electronic Auction Systems

Introduction

Eric Boyd, an inventive spirit located in Campbell, California, has made significant contributions to the field of electronic commerce through his innovative patents. With a total of two patents to his name, Boyd's work primarily focuses on enhancing auction systems and incentivizing consumer engagement.

Latest Patents

Boyd's latest patents include the "Auction redemption system and method," which introduces a comprehensive electronic auction platform known as the Yahoo! Auction System. This system permits users to conduct auction transactions using various payment units, including incentive points and traditional currency. The platform features a web server, a messaging server, a database server, and multiple databases, including an account database designed to manage account balances, point expiration dates, and redemption information. The Yahoo! Auction System offers a range of auction formats, such as Standard Auctions, Dutch Auctions, and Progressive Auctions, ensuring versatility and engagement for users.

Another noteworthy patent by Boyd is the "Offline-online incentive points system and method." This invention allows consumers to redeem points earned offline for online purchases. For example, in a promotional program by a soft drink company, consumers can find winning bottle caps worth points. Instead of traditional redemption, they register the bottle cap code on the company's website and trade those points for merchandise available online, thus creating a seamless bridge between offline and online consumer experiences.

Career Highlights

Boyd has had an impactful career at Yahoo! Inc., where he has contributed his innovative ideas and technical skills to various projects. His expertise in electronic systems has positioned him as a valuable asset in the tech industry, directly influencing the evolution of online auction platforms.

Collaborations

During his tenure at Yahoo!, Boyd has collaborated with notable colleagues, including Arturo Bejar and Anil Pal. These partnerships have fostered an environment of creativity and idea sharing, which has been instrumental in the development of innovative solutions within the company's projects.

Conclusion

Eric Boyd’s contributions to electronic auction systems and consumer incentive programs demonstrate the significant intersection of technology and commerce. His innovative patents have not only enhanced user experience but have also paved the way for novel approaches to consumer engagement. As he continues to innovate within the tech landscape, Boyd’s work remains a vital part of the evolution of online marketplaces.