The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Aug. 09, 2022
Filed:
Jun. 23, 2015
The Nordam Group, Inc., Tulsa, OK (US);
William David Whitten, Tulsa, OK (US);
THE NORDAM GROUP LLC, Tulsa, OK (US);
Abstract
Utilities that allow for the asynchronous tendering for variable characteristic assets. In one aspect, a utility for returning a strike price based on the iterative comparison of a received first listing object with a received first offer object, both corresponding to a first variable characteristic asset. At least one of the first listing object and the first offer object may include a time-dependent price such that the iterative comparison may facilitate the determination of a time-dependent price range corresponding to the variable characteristic asset at a given time. In this regard, the strike price may be returned at least partially based on the time-dependent price range. Additionally, the present disclosure includes embodiments related to the verification of a condition-dependent status of the first variable characteristic asset and a generation of comparison metrics associated with the asynchronous tendering.