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:
Oct. 26, 2010
Filed:
Oct. 08, 2007
Jeffry Jovan Philyaw, Dallas, TX (US);
Jeffry Jovan Philyaw, Dallas, TX (US);
LV Partners, L.P., San Francisco, CA (US);
Abstract
A method for initiating and completing a commercial transaction is disclosed that allows a user to acquire and own an article of commerce having associated therewith a machine resolvable code (MRC), the MRC having encoded therein information relating to the article of commerce, the user having unique identification information associated with the user. The MRC is first recognized and a representation of at least a portion of the MRC containing at least a representation of the encoded information from the MRC is stored in a temporary buffer. The unique identification information is then associated with the user that allows a retail processing system to uniquely identify the user. The stored representation of the MRC and the unique identification information is transferred to the retail processing system and then ownership of the article of commerce is transferred from an entity other than the user to the user to complete the transaction.