METHOD AND SYSTEM FOR CLOSED AUCTIONS Russian patent published in 2019 - IPC G06Q30/08 

Abstract RU 2708789 C2

FIELD: physics.

SUBSTANCE: invention relates to system and method of arrangement of closed bids at auction. System comprises: a server, which receives requests for an auction to put on sale of objects put up for auction, wherein the request comprises the object description and the auction period, the server submits the auction based on the auction request to the plurality of registered bidders from the bidders computing device; closed proposal, including the sum of the bid for the object and the bidder identification; random bidder identifier assigned to each of closed offer; information record for each closed offer, containing random bidder identifier, actual identifier of bidding participant, time mark for object being auctioned, and sum of offer; wherein the server determines the winning bid at the end of the auction period according to the information record for each closed proposal; wherein the server determines the winning bid at the end of the auction period according to the information record; wherein winning bidder pays final winning amount.

EFFECT: technical result is wider range of equipment for auction.

30 cl, 12 dwg

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RU 2 708 789 C2

Authors

Wang, Kevin Sunlin

Dates

2019-12-11Published

2016-02-19Filed