Information transfer between or among commodity businesses

H - Electricity – 04 – L

Patent

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Details

H04L 12/16 (2006.01) G06F 17/60 (2000.01)

Patent

CA 2349096

A method to transfer information among or between parties for a commodity contract includes: A) providing at least one application service provider (ASP) control site, and at least one adapter at a remote site; B) inputting data about a transaction involving at least one party to the transaction to the ASP control site; C) if necessary, electronically communicating from the ASP control site and through the adapter to the at least one party; C) if necessary, receiving instructions or data at the ASP control site through the adapter from the at least one party; and E) processing the data and/or instructions at the ASP control site. The method can be practiced through a global computer communication network, and is well adapted for agricultural commodity transactions and those conducted through an exchange.

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