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US20020026321A1 - Internet-based system and method for fairly and securely enabling timed-constrained competition using globally time-sychronized client subsystems and information servers having microsecond client-event resolution - Google Patents

Internet-based system and method for fairly and securely enabling timed-constrained competition using globally time-sychronized client subsystems and information servers having microsecond client-event resolution
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Publication number
US20020026321A1
US20020026321A1US09/258,573US25857399AUS2002026321A1US 20020026321 A1US20020026321 A1US 20020026321A1US 25857399 AUS25857399 AUS 25857399AUS 2002026321 A1US2002026321 A1US 2002026321A1
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US
United States
Prior art keywords
time
internet
client machine
client
contest
Prior art date
Legal status (The legal status is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the status listed.)
Abandoned
Application number
US09/258,573
Inventor
Sadeg M. Faris
Gregory J. Hamlin
James P. Flannery
Current Assignee (The listed assignees may be inaccurate. Google has not performed a legal analysis and makes no representation or warranty as to the accuracy of the list.)
Reveo Inc
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Reveo Inc
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
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Publication date
Priority to US09/258,573priorityCriticalpatent/US20020026321A1/en
Application filed by Reveo IncfiledCriticalReveo Inc
Assigned to REVEO, INC.reassignmentREVEO, INC.ASSIGNMENT OF ASSIGNORS INTEREST (SEE DOCUMENT FOR DETAILS).Assignors: HAMLIN, GREGORY J., FARIS, SADEG M., FLANNERY, JAMES P.
Assigned to REVEO, INC.reassignmentREVEO, INC.ASSIGNMENT OF ASSIGNORS INTEREST (SEE DOCUMENT FOR DETAILS).Assignors: FLANNERY, JAMES P., HAMLIN, GREGORY J., FARIS, SADEG M.
Priority to PCT/US2000/005093prioritypatent/WO2000050974A2/en
Priority to CA002363940Aprioritypatent/CA2363940A1/en
Priority to JP2000601510Aprioritypatent/JP2003526833A/en
Priority to KR1020017010983Aprioritypatent/KR100743896B1/en
Priority to EP00915913Aprioritypatent/EP1208412A2/en
Priority to AU37102/00Aprioritypatent/AU3710200A/en
Priority to TW089103501Aprioritypatent/TW559708B/en
Priority to US09/579,105prioritypatent/US6903681B2/en
Priority to US09/579,222prioritypatent/US6659861B1/en
Priority to US09/583,150prioritypatent/US6677858B1/en
Publication of US20020026321A1publicationCriticalpatent/US20020026321A1/en
Priority to US12/077,731prioritypatent/US20090063675A1/en
Abandonedlegal-statusCriticalCurrent

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Abstract

An improved system and method of fairly and securely enabling timed-constrained competitions over the Internet among millions of competitors while compensating for the variable network communication latencies experienced by client machines used by the competitors. The system employs globally time-synchronized Internet information servers and client machines in order to synchronize the initial display of each invitation to respond (e.g. stock price to buy or sell, query to answer, or problem to solve) on a client machine so each competitor can respond to the invitation at substantially the same time, regardless of his or her location on the planet, or the type of Internet-connection used by his or her client machine. Also, by using globally time-synchronized client machines, each competitor's response is securely time and space stamped at the client machine to ensure that competitor responses are resolved within microsecond accuracy.

Description

Claims (26)

What is claimed is:
1. An improved system and method of fairly and securely enabling timed-constrained competitions over the Internet while avoiding the shortcomings and drawbacks of prior art methodologies.
2. A system for serving and receiving information over the Internet in connection with time-constrained competitive processes so that principles of fairness and fair play which have come to characterize the systems of government, justice, securities, commodities and currency market trading, sportsmanship, and educational testing, in the United States of America and countries abroad, are secured in an economically feasible manner for the betterment of human society.
3. An Internet-based system for enabling time-constrained competition over the Internet among a massive number of competitors while compensating for the variable network communication latencies experienced by client machines used by the competitors.
4. An Internet-based system for fairly and securely enabling timed-constrained competitions over the Internet, wherein a simultaneous start-time is produced for each and every competitor involved in a particular competition regulated by the system.
5. An Internet-based system for fairly and securely enabling timed-constrained competitions over the Internet which employs Internet information servers to synchronize the initial display of an invitation to respond (e.g. stock offer, query or problem) on a client machine by shifting the phase of the display refresh cycle.
6. An Internet-based system for fairly and securely enabling timed-constrained competitions over the Internet, wherein the time delay between a displayed invitation to respond (e.g. stock price, bid offer, or query) and the transmitted response is precisely measured using the instruction counter in the client machine.
7. An Internet-based system for fairly and securely enabling timed-constrained competitions over the Internet, wherein client-event timing accuracy is markedly improved by using a globally-synchronized hardware timing device at each client machine to time-stamp the competitors repines to the invitation to respond displayed on the display screen of the client machine.
8. An Internet-based system for fairly and securely enabling timed-constrained competitions over the Internet, wherein each client machine deployed therein is protected against intentional tampering through any means by the competitor using the client machine or by any third party desiring to gain an unfair advantage over other competitors.
9. An Internet-based system for fairly and securely enabling timed-constrained competitions over the Internet, which is protected against intentional tampering through any means by a competitor or third party intended to disrupt the operation of the competition and otherwise interfere with the enjoyment of other competitors or spectators.
10. An Internet-based system for fairly and securely enabling timed-constrained competitions over the Internet, which is scalable or extensible and capable of simultaneously supporting a multiplicity of competitions, each involving a virtually unlimited number (e.g. millions) of competitors.
11. An Internet-based system for fairly and securely enabling timed-constrained competitions over the Internet, which protects against clock device tampering at each client machine by utilizing and comparing multiple clock systems employed in each client machine.
12. An Internet-based system for fairly and securely enabling timed-constrained competitions over the Internet, wherein each client machine in the system is provided with a client-based hardware extension to improve clock accuracy and precision and therefore improve client-event response characteristics at each such client machine.
13. An Internet-based system for fairly and securely enabling timed-constrained competitions over the Internet, wherein each client machine in the system is provided with a client-based hardware extension to improve security by means of hardware encryption and decryption.
14. An Internet-based system for fairly and securely enabling timed-constrained competitions over the Internet, wherein varying degrees of simultaneity can be offered, insuring that the start time on all client machines is simultaneous within tens of milliseconds at the least precise level, to on the order of within a few microseconds when all of the measures provided for are used.
15. An Internet-based system for fairly and securely enabling timed-constrained competitions over the Internet, wherein one or more a globally-time synchronized Internet-based information servers simultaneously and securely communicate with millions of globally-time synchronized client machines engaged in a predetermined competition supported over the Internet.
16. An Internet-based method for fairly and securely enabling timed-constrained competitions over the Internet, wherein one or more a globally-time synchronized Internet-based information servers simultaneously and securely communicate with millions of globally-time synchronized client machines engaged in a predetermined competition supported over the Internet.
17. An Internet-based system, wherein each client machine is provided with a hardware device which can precisely time and space stamp an event, and thus securely generate an event only when specific time and space criteria are satisfied, and also verify the authenticity of previously generated time and space stamps produced by the hardware device.
18. A method of time-space stamping which can be used to authenticate electronic-commerce transactions between a vendor, bank and customer with microsecond time accuracy.
19. A system and method for electronically filing legal documents, such as patent applications, property transfer documents and court/litigation documents, with governmental or judicial institutions using the http, file transfer protocols (ftp), electronic data interchange (EDI) techniques, and/or any other file transmission protocols supported over the Internet.
20. A global time-synchronization unit for connection to or embedding within any client machine that is to be used in connection with the Internet-supported system and method of the present invention.
21. A global time-synchronization unit for connection to or embedding within any Internet information server that is to be used in connection with the Internet-supported system and method of the present invention.
22. An improved system and method of receiving information from securities (e.g. stocks and bonds), commodities and/or foreign currency information servers, representing real-time or “live” market conditions, and simultaneously disseminating such information to globally-synchronized client machines located world-wide to enable secure “on-line” electronic-based securities trading operations, commodities trading operations, and foreign currency trading operations in a fundamentally fair manner.
23. An improved system and method for electronic-based on-line securities trading, commodities trading, and foreign currency trading in a secure and fundamentally fair manner using client machines globally-synchronized with corresponding Internet-based securities trading servers, commodities trading servers, and foreign currency trading servers so that each market competitor is informed about incremental changes in market conditions at substantially the same time and therefore is permitted to respond to such market condition changes (e.g. changes in stock, commodity or currency prices) at substantially the same time in accordance with principles of fundamental fairness and fair play.
24. An improved system and method of simultaneously disseminating securities, commodities, and/or foreign currency information (e.g. real-time price quotes) using globally time-synchronized information servers and client machines.
25. An Internet-based system and method which enables competitors to trade securities, commodities and/or foreign currencies using real-time pricing information that is disseminated to all competitors of a given level of service at substantially the same instant in time using a network of globally time-synchronized information servers and client machines.
26. An Internet-based information network, wherein competition supporting information servers (e.g. market price advertising servers and order execution servers) are time-synchronized with a plurality of globally-distributed time-synchronized client machines that can be preprogrammed so respond to real-time securities prices within micro-second client event accuracy by transmitting time and space stamped orders to purchase and/or sell securities, commodities and/or foreign currencies.
US09/258,5731999-02-261999-02-26Internet-based system and method for fairly and securely enabling timed-constrained competition using globally time-sychronized client subsystems and information servers having microsecond client-event resolutionAbandonedUS20020026321A1 (en)

Priority Applications (12)

Application NumberPriority DateFiling DateTitle
US09/258,573US20020026321A1 (en)1999-02-261999-02-26Internet-based system and method for fairly and securely enabling timed-constrained competition using globally time-sychronized client subsystems and information servers having microsecond client-event resolution
PCT/US2000/005093WO2000050974A2 (en)1999-02-262000-02-28Globally time-synchronized systems, devices and methods
CA002363940ACA2363940A1 (en)1999-02-262000-02-28Globally time-synchronized systems, devices and methods
JP2000601510AJP2003526833A (en)1999-02-262000-02-28 Global time synchronization system, apparatus and method
KR1020017010983AKR100743896B1 (en)1999-02-262000-02-28 Global Time Synchronized Systems, Devices, and Methods
EP00915913AEP1208412A2 (en)1999-02-262000-02-28Globally time-synchronized systems, devices and methods
AU37102/00AAU3710200A (en)1999-02-262000-02-28Globally time-synchronized systems, devices and methods
TW089103501ATW559708B (en)1999-02-262000-05-03Globally time-synchronized systems, devices and methods
US09/579,105US6903681B2 (en)1999-02-262000-05-25Global synchronization unit (GSU) for time and space (TS) stamping of input data elements
US09/579,222US6659861B1 (en)1999-02-262000-05-26Internet-based system for enabling a time-constrained competition among a plurality of participants over the internet
US09/583,150US6677858B1 (en)1999-02-262000-05-30Internet-based method of and system for monitoring space-time coordinate information and biophysiological state information collected from an animate object along a course through the space-time continuum
US12/077,731US20090063675A1 (en)1999-02-262008-03-20Internet-based method of and system for monitoring space-time coordinate information

Applications Claiming Priority (1)

Application NumberPriority DateFiling DateTitle
US09/258,573US20020026321A1 (en)1999-02-261999-02-26Internet-based system and method for fairly and securely enabling timed-constrained competition using globally time-sychronized client subsystems and information servers having microsecond client-event resolution

Related Child Applications (3)

Application NumberTitlePriority DateFiling Date
US51360100AContinuation-In-Part1999-02-262000-02-25
US09/579,105ContinuationUS6903681B2 (en)1999-02-262000-05-25Global synchronization unit (GSU) for time and space (TS) stamping of input data elements
US09/579,222ContinuationUS6659861B1 (en)1999-02-262000-05-26Internet-based system for enabling a time-constrained competition among a plurality of participants over the internet

Publications (1)

Publication NumberPublication Date
US20020026321A1true US20020026321A1 (en)2002-02-28

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ID=22981162

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US09/258,573AbandonedUS20020026321A1 (en)1999-02-261999-02-26Internet-based system and method for fairly and securely enabling timed-constrained competition using globally time-sychronized client subsystems and information servers having microsecond client-event resolution
US09/579,105Expired - Fee RelatedUS6903681B2 (en)1999-02-262000-05-25Global synchronization unit (GSU) for time and space (TS) stamping of input data elements
US09/579,222Expired - Fee RelatedUS6659861B1 (en)1999-02-262000-05-26Internet-based system for enabling a time-constrained competition among a plurality of participants over the internet

Family Applications After (2)

Application NumberTitlePriority DateFiling Date
US09/579,105Expired - Fee RelatedUS6903681B2 (en)1999-02-262000-05-25Global synchronization unit (GSU) for time and space (TS) stamping of input data elements
US09/579,222Expired - Fee RelatedUS6659861B1 (en)1999-02-262000-05-26Internet-based system for enabling a time-constrained competition among a plurality of participants over the internet

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US (3)US20020026321A1 (en)
AU (1)AU3710200A (en)
TW (1)TW559708B (en)

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AU3710200A (en)2000-09-14
US20020069076A1 (en)2002-06-06
TW559708B (en)2003-11-01
US6659861B1 (en)2003-12-09

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