TODAY’S PATENT – METHOD AND SYSTEM FOR ELECTRONICALLY EXECUTING SALE TRANSACTIONS ACROSS A PLURALITY OF NETWORKED TERMINALS

The Method and system for electronically executing sale transactions across a plurality of networked terminals was invented by Kenneth Nahan, Sherri Nahan, John D. Graham, Ahmet K. Corapcioglu, Robert H. Miller, Alexander Lipman, Andrei Osipou. which is been patented by USPTO on 22nd September 2009 bearing patent no. US7593869B2. This patent has been assigned to Zarbana Digital Fund LLC.

This invention is about a multimedia computerized system for marketing, selecting, buying, and selling unique, high-value products using high-resolution imaging, printing, and database management. It’s mostly used in the art industry but can be applied to similar products. The system allows member dealers to sell artwork directly from artists and satisfy the most demanding customers. Salespeople and customers can easily learn and implement the system. A hierarchy of characteristics helps sophisticated and unsophisticated customers find desired artwork.

The system’s historical artwork prices are useful for insurance and estate appraisals. Museums can archive their collections, including those of lesser-known artists, using the system. Jewellery, furniture, oriental rugs, antiques, numismatics, and philately are other high-value industries that can use imaging and search capabilities.