News Column

Researchers Submit Patent Application, "Domain Name Registration and Resale", for Approval

July 22, 2014



By a News Reporter-Staff News Editor at Information Technology Newsweekly -- From Washington, D.C., VerticalNews journalists report that a patent application by the inventor Krueger, Frederick R (Santa Monica, CA), filed on January 2, 2013, was made available online on July 10, 2014.

No assignee for this patent application has been made.

News editors obtained the following quote from the background information supplied by the inventors: "Internet registries operate in the primary market for domain names and not in the secondary market. A registry has no record of whether a domain name is available for resale and, if so, at what price, so the secondary market for domain names is constrained by not having a central repository for this information. A system for keeping information relating to the secondary market of domain names at the registry level, accessible by all registrars as well as by users, has eluded those skilled in the art, until now.

"The invention relates generally to a repository for information about domain names for sale. Briefly stated, embodiments of the invention provide a method and system for domain name registration and resale at the registry level. The system includes a Database Management Platform ('DMP') held and operated at the registry level but available at each registrar-level transaction. The DMP includes a database, logic for querying the database, and a system built around the database. The DMP stores information in a structured format to be accessible for queries.

"In one method, a registrar receives a request from an end-user for a domain name. The registrar accesses the registry, which queries the DMP to determine whether the domain name is available and, if not, if it is for sale. The registrar provides this information to the end-user. If the end-user chooses to, the DMP facilitates the sale/purchase transaction between the current owner and the end-user. If sufficient funds exist, the end-user's account is debited and the current owner's account is credited. The domain name is thereby transferred.

BRIEF DESCRIPTION OF THE DRAWINGS

"FIG. 1 is a process diagram generally illustrating steps performed by the disclosed registry, Database Management Platform, and resale system.

"FIG. 2 is a process diagram generally illustrating additional steps performed by the disclosed registry, Database Management Platform, and resale system.

"FIG. 3 is a process diagram generally illustrating still additional steps performed by the disclosed registry, Database Management Platform, and resale system.

"FIG. 4 is a process diagram generally illustrating still more steps performed by the disclosed registry, Database Management Platform, and resale system.

"FIG. 5 is a process diagram generally illustrating still more steps performed by the disclosed registry, Database Management Platform, and resale system.

"FIG. 6 is a process diagram generally illustrating steps performed by the disclosed registry, Database Management Platform, and resale system to purchase a domain name.

"FIG. 7 is a process diagram generally illustrating additional steps performed by the disclosed registry, Database Management Platform, and resale system to purchase a domain name.

"FIG. 8 is a process diagram generally illustrating still additional steps performed by the disclosed registry, Database Management Platform, and resale system to purchase a domain name.

"FIG. 9 is a functional block diagram illustrating a computing device that may be used to implement embodiments of the invention."

As a supplement to the background information on this patent application, VerticalNews correspondents also obtained the inventor's summary information for this patent application: "Internet registries operate in the primary market for domain names and not in the secondary market. A registry has no record of whether a domain name is available for resale and, if so, at what price, so the secondary market for domain names is constrained by not having a central repository for this information. A system for keeping information relating to the secondary market of domain names at the registry level, accessible by all registrars as well as by users, has eluded those skilled in the art, until now.

"The invention relates generally to a repository for information about domain names for sale. Briefly stated, embodiments of the invention provide a method and system for domain name registration and resale at the registry level. The system includes a Database Management Platform ('DMP') held and operated at the registry level but available at each registrar-level transaction. The DMP includes a database, logic for querying the database, and a system built around the database. The DMP stores information in a structured format to be accessible for queries.

"In one method, a registrar receives a request from an end-user for a domain name. The registrar accesses the registry, which queries the DMP to determine whether the domain name is available and, if not, if it is for sale. The registrar provides this information to the end-user. If the end-user chooses to, the DMP facilitates the sale/purchase transaction between the current owner and the end-user. If sufficient funds exist, the end-user's account is debited and the current owner's account is credited. The domain name is thereby transferred.

BRIEF DESCRIPTION OF THE DRAWINGS

"FIG. 1 is a process diagram generally illustrating steps performed by the disclosed registry, Database Management Platform, and resale system.

"FIG. 2 is a process diagram generally illustrating additional steps performed by the disclosed registry, Database Management Platform, and resale system.

"FIG. 3 is a process diagram generally illustrating still additional steps performed by the disclosed registry, Database Management Platform, and resale system.

"FIG. 4 is a process diagram generally illustrating still more steps performed by the disclosed registry, Database Management Platform, and resale system.

"FIG. 5 is a process diagram generally illustrating still more steps performed by the disclosed registry, Database Management Platform, and resale system.

"FIG. 6 is a process diagram generally illustrating steps performed by the disclosed registry, Database Management Platform, and resale system to purchase a domain name.

"FIG. 7 is a process diagram generally illustrating additional steps performed by the disclosed registry, Database Management Platform, and resale system to purchase a domain name.

"FIG. 8 is a process diagram generally illustrating still additional steps performed by the disclosed registry, Database Management Platform, and resale system to purchase a domain name.

"FIG. 9 is a functional block diagram illustrating a computing device that may be used to implement embodiments of the invention."

For additional information on this patent application, see: Krueger, Frederick R. Domain Name Registration and Resale. Filed January 2, 2013 and posted July 10, 2014. Patent URL: http://appft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&u=%2Fnetahtml%2FPTO%2Fsearch-adv.html&r=1271&p=26&f=G&l=50&d=PG01&S1=20140703.PD.&OS=PD/20140703&RS=PD/20140703

Keywords for this news article include: Patents, Information Technology, Information and Data Management.

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Source: Information Technology Newsweekly


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