View source for 18457531. DETERMINING A CHANGE TO PRODUCT INFORMATION OR USER INFORMATION VIA HASHING simplified abstract (Capital One Services, LLC)

=DETERMINING A CHANGE TO PRODUCT INFORMATION OR USER INFORMATION VIA HASHING=


==Organization Name==

[[:Category:Capital One Services, LLC|Capital One Services, LLC]]


[[Category:Capital One Services, LLC]]

==Inventor(s)==

[[:Category:Qiaochu Tang of Frisco TX (US)|Qiaochu Tang of Frisco TX (US)]][[Category:Qiaochu Tang of Frisco TX (US)]]

[[:Category:Micah Price of The Colony TX (US)|Micah Price of The Colony TX (US)]][[Category:Micah Price of The Colony TX (US)]]

[[:Category:Stephen Wylie of Carrollton TX (US)|Stephen Wylie of Carrollton TX (US)]][[Category:Stephen Wylie of Carrollton TX (US)]]

[[:Category:Geoffrey Dagley of McKinney TX (US)|Geoffrey Dagley of McKinney TX (US)]][[Category:Geoffrey Dagley of McKinney TX (US)]]

[[:Category:Jason Hoover of Grapevine TX (US)|Jason Hoover of Grapevine TX (US)]][[Category:Jason Hoover of Grapevine TX (US)]]

==DETERMINING A CHANGE TO PRODUCT INFORMATION OR USER INFORMATION VIA HASHING - A simplified explanation of the abstract==


This abstract first appeared for US patent application 18457531 titled 'DETERMINING A CHANGE TO PRODUCT INFORMATION OR USER INFORMATION VIA HASHING

==Simplified Explanation==

The abstract describes a device that determines the price of a product based on its attributes and provides the price for display on a user device. The device generates hash values and bit-strings to represent the attributes of the product and determines changes in the attributes to adjust the price accordingly.

* The device determines the price of a product based on its attributes.
* It generates hash values and bit-strings to represent the attributes.
* Changes in the attributes are determined by comparing the generated bit-strings.
* The device adjusts the price of the product based on the changes in attributes.
* The new price is provided for display on a user device.

== Potential Applications ==
* E-commerce platforms can use this technology to dynamically adjust prices based on changes in product attributes.
* Retailers can utilize this technology to offer personalized pricing based on individual customer preferences.
* Pricing optimization algorithms can incorporate this technology to automatically adjust prices based on market conditions and competitor prices.

== Problems Solved ==
* This technology solves the problem of manually determining and adjusting prices based on product attributes.
* It eliminates the need for constant monitoring and manual price adjustments by automating the process.
* It allows for real-time price adjustments based on changes in product attributes.

== Benefits ==
* The device provides an efficient and automated way to determine and adjust prices based on product attributes.
* It enables dynamic pricing strategies that can respond to market conditions and customer preferences.
* The technology streamlines the pricing process, saving time and resources for businesses.


==Original Abstract Submitted==

A device may determine a price of a product based on first information concerning attributes of the product, and provide the price for display by a user device. The device may generate first hash values based on the first information, where a particular first hash value is associated with a particular attribute, and generate a first bit-string that includes the plurality of first hash values. The device may generate second hash values based on second information concerning the attributes of the product, where a particular second hash value is associated with the particular attribute. The device may generate a second bit-string that includes the second hash values, and determine a change to the particular attribute based on the first bit-string and the second bit-string. The device may determine a new price of the product based on the change, and provide the new price for display by the user device.



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