ALEXANDRIA, Va., Dec. 2 -- United States Patent no. 12,488,386, issued on Dec. 2, was assigned to Autowini Inc. (Seoul, South Korea).
"Real-time auction system and method and computer program therefor" was invented by Ji Young Han (Seongnam-si, South Korea).
According to the abstract* released by the U.S. Patent & Trademark Office: "A real-time auction system includes a management server configured to receive item information related to a product of a seller and update the item information by receiving auction result information after an auction for the product is conducted; and an auction server configured to provide the item information to a user device of at least one auction participant, conduct the auction for the product by transmit...