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. 23, 2012
Filed:
Nov. 05, 2010
Alec Miloslavsky, Hillsborough, CA (US);
Cal O'kelly, San Francisco, CA (US);
Jacob Feldman, Edison, NJ (US);
Michael Koifman, Redwood City, CA (US);
Alec Miloslavsky, Hillsborough, CA (US);
Cal O'Kelly, San Francisco, CA (US);
Jacob Feldman, Edison, NJ (US);
Michael Koifman, Redwood City, CA (US);
Equatrax, New York, NY (US);
Abstract
Systems and methods for the dynamic processing of royalties are disclosed. Sales records are processed on a transaction basis rather than in batch mode. This process also allows correction of information retroactively, rather than delaying the entire processing of the information. One embodiment includes a system comprising a message broker in communication with a plurality of clients and services, a state machine, a processor and a time manager. The message broker interacts with the processor to execute a common service based on events produced by the state machine. Another embodiment includes a method comprising providing a rate matrix, receiving a sales record from a database and calculating a royalty payment using the sales record and the rate matrix.