METHOD, APPARATUS, AND COMPUTER-READABLE MEDIA FOR ENABLING REAL-TIME COMPETITION BASED ON COMMODITIES Russian patent published in 2015 - IPC G06F17/00 G06Q50/34 

Abstract RU 2567557 C2

FIELD: information technology.

SUBSTANCE: invention relates to a method, apparatus and computer-readable medium for enabling real-time competitions between users. The method includes receiving, by a computing device from a first user, information on selection of a first competitive position corresponding to whether the value of a first commodity or currency will rise, fall, or remain the same relative to the value of a second commodity or currency over a given period of time and odds corresponding to the first competitive position; receiving, by the computing device from a second user, information of accepting odds corresponding to the first competitive position and a second competitive position, also indicating whether the value of the first commodity or currency will rise, fall, or remain the same relative to the value of the second commodity or currency over the given period of time; enabling, by the computing device, a real-time competition based on the first and the second competitive positions, and transmitting, after the end of the competition, information on the outcome of the competition to the first user and the second user, the outcome being positive for the first user if the first competitive position is consistent with the real-time value of the first commodity or currency relative to the value of the second commodity or currency, or is positive for the second user if the second competitive position is consistent with the real-time value of the first commodity or currency relative to the value of the second commodity or currency.

EFFECT: enabling faster real-time competitions.

21 cl, 24 dwg

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RU 2 567 557 C2

Authors

O'Brien Patrick Damien

Dates

2015-11-10Published

2013-05-22Filed