Intellectual Property India Publishes Patent Application for System And Method For Real-Time Electronic Request Processing In A Networked Computing Environment

MUMBAI, India, July 13 -- Intellectual Property India has published a patent application (202521121047 A) filed by Vertoz Limited on December 03, 2025, for System And Method For Real-Time Electronic Request Processing In A Networked Computing Environment.

Inventors include Hirenkumar Rasiklal Shah; Ashish Rasiklal Shah; and Satyaprakash Gulabchand Mishra.

The application for the patent was published on July 10, 2026, under issue no. 28/2026.

Abstract: Systems and methods are disclosed for dynamically controlling bid floor parameters in electronic auction-based resource allocation environments. Upon receipt of a real-time request associated with a digital inventory unit, a control engine retrieves historical transaction data aggregated ov...