Company Filing History:
Years Active: 2015
Title: Shikui Wu: Innovator in Multi-Attribute Auctioning Systems
Introduction
Shikui Wu is a notable inventor based in Lachine, Canada. He has made significant contributions to the field of auctioning systems, particularly through his innovative patent. His work focuses on enhancing the auction process by introducing a method that allows for multi-attribute auctioning.
Latest Patents
Shikui Wu holds a patent for a "Multi-attribute auctioning method and system." This invention provides a method and system for auctioning an auction item in a multi-attribute auction. The process involves selecting a winning bid by determining a secret value function that indicates acceptable combinations of attribute values for the auction owner. The auction owner’s computing device or the auction server generates alternate combinations of attribute values based on this secret value function. To protect the secret value function, some combinations of attribute values are perturbed, making it difficult for bidders to deduce the function. The auction server communicates the alternate combinations and required bidding directions to bidders through a client computing device interface. Bidders can then place their bids in a progressive manner without knowledge of the secret value function.
Career Highlights
Shikui Wu is currently associated with Valorbec Société En Commandite, where he applies his expertise in auction systems. His innovative approach has positioned him as a key figure in the development of advanced auction methodologies.
Collaborations
Shikui Wu collaborates with Gregory E. Kersten, who is also involved in the field of auction systems. Their partnership enhances the research and development of innovative solutions in auctioning.
Conclusion
Shikui Wu's contributions to the field of multi-attribute auctioning systems demonstrate his innovative spirit and commitment to improving auction methodologies. His patent reflects a significant advancement in how auctions can be conducted, ensuring a more secure and efficient bidding process.