Information Currency

Price Search using search engines is a first step to information currency. The search engines Google, Yahoo, and Ask, for example need a specific kind of price search that looks for an item description, and item price, and then quantity and location by city and business. In beginning stages the database would simply list each entry. Computational Search engines like WolframAlpha could aid in processing this data with relative value technology like Item Banc. Google Product Search is a path toward this technology as well.

Price Searches are already used every day all over the world and often auction engines like Ebay are the first listed to easily reference item pricing. The new information age will bring benefit to companies that publish pricing and availability. This price search effect has already heavily influenced markets as consumers have the technology to check online price information before they shop which creates value expectations.

Price Search delivers a distinctly different information set than standard search engine delivery as the consumer would not see a listing of different web sites that reference pricing and then be labored to click on each referenced site to look for this data, but instead, the consumer would immediately be taken to a market page that simply lists average price in very simple format derived from an item name, price, quantity, location and business.