IP Library Granted Patent US 12,437,326
Granted Patent B2
US 12,437,326 · App. 17/976,643 · Granted Oct 7, 2025

Systems and methods for managing direct exchange

Inventors: Melodie van der Baan (North Palm Beach, FL); Morgan Hatin Bodstrom (Palm Beach Gardens, FL); Damon Ciarelli (Los Angeles, CA)
Assignee: Swapretail, Inc.
G06Q30/0607G06Q10/087G06Q30/0613G06Q30/0637
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Quick Facts
Patent No.
US 12,437,326
App. No.
17/976,643
Granted
Oct 7, 2025
Kind
B2
Abstract

According to one aspect, the system provides an automated platform for managing R2R, that preserves vendor control over of the communication between retailers. For example, according to one embodiment of the system, only authorized retailers of specific vendors are able to list, request, buy, sell and swap products on the system. In further examples, the system controls execution so that exchanges can occur anonymously, while maintaining the assurances that transactions are facilitated by authorized parties at vendor-set prices. In yet other example, the system permits authorized retailers to list non-performing goods for authorized retailers to obtain by purchase or swap at wholesale cost. In yet other example, the system permits authorized retailers to request goods at wholesale cost and display the requests in a workflow that permits providers execute fulfillment.

Claims (19)

1. An exchange system, the system comprising:

at least one processor operatively connected to a memory;

an authorization component, executed by the at least one processor, configured to:

accept definition of authorization objects, the authorization object including an association linking one or more users and a data element specifying an authorization attribute;

a restriction component, executed by the at least one processor, configured to:

determine, for authenticated users of the system having a first authorization to access the system, privileges to access first information associated with listing or request objects stored on the system, comprising determining a subset of the authenticated users having a second authorization to access the first information associated with the listing or request objects for a respective product object; and

limit access to functions executed on the system that are configured to access the first information associated with the listing or request objects to users with privileges, based on analysis of the authorization objects and defined association, comprising limiting access to respective functions executed on the system that are configured to access the first information associated with the listing or request objects for the respective product object to the subset of authenticated users having the second authorization to access the first information associated with listing of request objects for the respective product object;

an exchange component configured to enable users to:

generate listing or request objects specifying one or more listing items for exchange with at least one other authorized user;

define the listing or the request objects for execution on the system, wherein the exchange component requires specification of a product object stored in a product database in order to generate the listing or the request object without custom processing; and

a reconciliation component configured to manage execution of the exchange described in the listing or request object.

2. The system of claim 1 , wherein:

the first information associated with the listing or request objects stored on the system comprises functions executed on the system that are configured to generate or display the listing or request objects for the respective product object.

3. The system of claim 1 , wherein:

the first information associated with the listing or request objects stored on the system comprises an identity of a first retailer; and

limiting access to functions executed on the system that are configured to access the first information associated with the listing or request objects comprises maintaining anonymity of the first retailer.

4. The system of claim 1 , wherein:

a first item associated with the respective product object has a first brand; and

limiting access to functions executed on the system that are configured to access the first information associated with the listing or request objects comprises limiting access by the brand, to an identity of a first retailer.

Assignments (1)
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Jan 24, 2023
From: VAN DER BAAN, MELODIE; BODSTROM, MORGAN HATIN; CIARELLI, DAMON
To: SWAPRETAIL, INC.
Reel/Frame 062461/0380 →
Continuity (3)
Continuation In Part 17536704 · Nov 29, 2021
Continuation 16355500 · Mar 15, 2019
Related Publication 20230143689A1 · May 11, 2023
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