Tarek M Sobh
Engineers in Huntington, CT
License number
Utah 190683-2202
Issued Date
Feb 7, 1994
Expiration Date
Mar 31, 2017
Category
Engineer/Land Surveyor
Type
Professional Engineer
Address
Address
Huntington, CT
Professional information
Normalized Distributed Exchange System
US Patent:
8078513, Dec 13, 2011
Filed:
Jul 16, 2007
Appl. No.:
11/778606
Inventors:
Tarek M. Sobh - Shelton CT, US
Tarek Khaled Alameldin - Fresno CA, US
Raul Constantin Mihali - Milford CT, US
Andrei Rosca - Stamford CT, US
Tarek Khaled Alameldin - Fresno CA, US
Raul Constantin Mihali - Milford CT, US
Andrei Rosca - Stamford CT, US
Assignee:
Automated Exchange Systems, Inc. - Shelton CT
International Classification:
G06Q 40/00
US Classification:
705 35, 705 37, 705 39, 705 41, 705 44
Abstract:
A real-time normalized, distributed exchange and barter system that allows multiple members to exchange multiple goods and services with other members of the system over a distributed network such as the Internet. The system may develop a plurality of permutations of trading cycles that allow for indirect exchanges between its members, with the option of using cash as an exchange element. The system may also develop permutations of trading cycles for sub-classes and sub-categories of the goods, services and exchange elements within the system, and choose an optimized set of trading cycles among the many trading-cycle permutations that cover the exchange system, based on criteria defined by the system's sponsor. The system may determine all possible cyclic permutations of exchanges between its members and select the cyclic permutation that best meets the defined criteria, also the system would be able to make suggestions or impersonate a user in order to close any open chains.