System and method for real-time buying and selling of internet protocol (IP) transit

摘要

An apparatus and method for real-time buying and selling of Internet Protocol (IP) transit is described. Embodiments include a platform for routing IP traffic in real time from at least one network user to a plurality of backbone providers. Embodiments further include sellers specifying a quality, a quantity, and a duration of a contract available, buyers identifying and selecting an appropriate contract, and executing the selected contract. Embodiments further include assigning different ranks to different backbone providers based on network monitoring. Other embodiments are described and claimed.