ALEXANDRIA, Va., July 16 -- United States Patent no. 12,361,462, issued on July 15.
"Transaction arbiter system and method" was invented by Jorge A. Maass (Plano, Texas).
According to the abstract* released by the U.S. Patent & Trademark Office: "A non-transitory computer-readable medium for generating a real-time or near real-time bid for a product or service, includes instructions stored thereon, that when executed on a processor, perform the steps of acquiring location information that identifies a current geographic location for a communication device, and generating a bid request for the product or service, wherein the bid request includes the acquired location information that identifies the current geographic location for the commu...