Granted Patent B2

US 12,493,831 · App. 16/239,485 · Granted Dec 9, 2025

Inventor: Erik M Simpson (Houston, TX)

Assignee: CIRCLESX LLC

G06Q10/02G01C21/3697G06Q20/108G06Q30/08G01C21/3664

Abstract

Claims (60)

1 . A method, comprising:

tracking transportation data in real-time from respective satellite navigation systems of at least a subset of a plurality of users;

receiving, over one or more wired or wireless networks, real-time updates for the transportation data from at least the subset of the plurality of users, wherein the transportation data corresponds to a plurality of transportation vehicles of at least the subset of the plurality of users, and wherein the transportation data from a respective user comprises data corresponding to a transportation capacity, a real-time geographic origin and a real-time geographic destination of a respective transportation vehicle of the respective user;

determining, by one or more computer processing units, a plurality of virtual hubs based on at least the real-time updates of the transportation data, wherein the plurality of virtual hubs comprises one or more origin virtual hubs corresponding to at least the real-time geographic origin and one or more destination virtual hubs corresponding to at least the real-time geographic destination;

determining, by the one or more computer processing units, one or more virtual hub routes based on the plurality of virtual hubs, wherein the one or more virtual hub routes correspond to one or more geographic routes between the one or more origin virtual hubs and the one or more destination virtual hubs;

generating one or more graphical layers to be superimposed onto respective navigational map interfaces being displayed on respective user devices of at least the subset of the plurality of users, wherein the navigational map interfaces include visualizations of at least first and second virtual hub routes of the plurality of virtual hub routes;

generating, by the one or more computer processing units, a plurality of transportation capacity units for at least the subset of the plurality of users based on the real-time transportation data, wherein a respective transportation capacity unit for the respective user represents a fungible forward contract for the transportation capacity of the respective transportation vehicle traveling along the one or more virtual hub routes; and

providing, by the one or more computer processing units, a transportation forward market platform to the plurality of users for trading the plurality of transportation capacity units, comprising:

receiving, over the one or more wired or wireless networks, market depth data from the plurality of users, wherein the market depth data comprises data indicating one or more bid prices and one or more offer prices for the plurality of transportation capacity units;

transmitting, over the one or more wired or wireless networks, the market depth data to the plurality of users based on the one or more virtual hub routes; and

storing the transportation forward market platform on a first server.

2 . The method of claim 1 , wherein the one or more visualizations correspond to the market depth data.

3 . The method of claim 1 , wherein transmitting the market depth data comprises:

receiving constraint data from a first user of the plurality of users, wherein the constraint data indicates a selection by the first user of one or more conditions for traveling along the one or more virtual hub routes, and wherein the one or more conditions comprise cheapest route, single mode of transportation, multiple modes of transportation, fastest route, most scenic route, highest rated route, most available route, highest volume of participants for route, most frequent route, service level for route, highest safety and security level for route, gender of driver, security of driver, emissions reduction, and rating of driver; and

transmitting the market depth data to the first user based on at least the received constraint data.

4 . The method of claim 1 , wherein transmitting the market depth data comprises:

receiving blockchain data corresponding to the plurality of users; and

transmitting the market depth data to the plurality of users based on at least the blockchain data.

5 . The method of claim 1 , further comprising:

receiving updated market depth data for the plurality of transportation capacity units in real time, wherein the updated market depth data comprises data corresponding to one or more updated bid prices and one or more updated offer prices for the plurality of transportation capacity units; and

transmitting at least a portion of the updated market depth data to the plurality of users.

6 . The method of claim 1 , wherein the fungible forward contract represented by the respective transportation capacity unit comprises:

one or more conditional attributes to provide substitutability with another transportation capacity unit of the plurality of transportation capacity units;

a plurality of contract specifications, wherein the plurality of contract specifications comprises one or more cost of cover specifications, one or more liquidated damages specifications, one or more force majeure specifications, or combinations thereof; or

combinations thereof.

7 . The method of claim 1 , wherein transmitting the market depth data comprises:

receiving term specification data from a first user of the plurality of users, wherein the term specification data indicates a selection by the first user of a time period for traveling along the one or more virtual hub routes; and

transmitting the market depth data to the first user based on at least the received term specification data.

8 . The method of claim 1 , wherein the transportation data from the respective user further comprises data corresponding to a transportation availability for the respective transportation vehicle, wherein the data corresponding to the transportation availability comprises data corresponding to a date when the respective transportation vehicle is available for use from the geographic origin, a time when the respective transportation vehicle is available for use from the geographic origin, or combinations thereof.

9 . The method of claim 1 , wherein transmitting the market depth data comprises:

receiving transportation mode data from a first user of the plurality of users, wherein the transportation mode data indicates a selection by the first user of one or more transportation modes for traveling along the one or more virtual hub routes, wherein the one or more transportation modes comprise an automobile, an aircraft, an autonomous vehicle, a motorcycle, a bicycle, a boat, a bus, a subway car, a taxicab, a train, a delivery vehicle, or combinations thereof; and

transmitting the market depth data to the first user based on at least the received transportation mode data.

10 . The method of claim 1 , wherein:

the transportation capacity for the respective transportation vehicle corresponds to a seat or cargo capacity in the respective transportation vehicle;

the geographic origin for the respective transportation vehicle comprises a geographic location determined using one or more satellite navigation systems, and wherein the geographic origin corresponds to a location of the respective user; or

combinations thereof.

11 . The method of claim 1 , wherein the market depth data comprises first data from a first user of the plurality of users, wherein the first data indicates a first bid price or a first offer price for a first transportation capacity unit of the plurality of transportation capacity units.

12 . The method of claim 11 , further comprising:

receiving transaction input data from a second user of the plurality of users, wherein the transaction input data comprises data indicating an acceptance by the second user of the first bid price or the first offer price for the first transportation capacity unit; and

arranging for a delivery of a first transportation vehicle between the first user and the second user based on the first transportation capacity unit.

13 . The method of claim 12 , wherein arranging for the delivery comprises performing one or more security checks on the first user and the second user based on fingerprint data, facial scan data, photo data, or combinations thereof.

14 . The method of claim 1 , wherein the market depth data further comprises:

a bid queue for the one or more bid prices, wherein the one or more bid prices are ranked in the bid queue from highest price to lowest price, and wherein respective bid prices of the same value are ranked by time in the bid queue; and

an offer queue for the one or more offer prices, wherein the one or more offer prices are ranked in the offer queue from lowest price to highest price, and wherein respective offer prices of the same value are ranked by time in the offer queue.

15 . A non-transitory computer-readable medium having stored thereon a plurality of computer-executable instructions which, when executed by a computer, cause the computer to:

track transportation data in real-time from respective satellite navigation systems of at least a subset of a plurality of users;

receive, over one or more wired or wireless networks, real-time updates for the transportation data from at least the subset of the plurality of users, wherein the transportation data corresponds to a plurality of transportation vehicles of at least the subset of the plurality of users, and wherein the transportation data from a respective user comprises data corresponding to a transportation capacity, a real-time geographic origin and a real-time geographic destination of a respective transportation vehicle of the respective user;

determine, by one or more computer processing units, a plurality of virtual hubs based on at least the real-time updates of the transportation data, wherein the plurality of virtual hubs comprises one or more origin virtual hubs corresponding to at least the real-time geographic origin and one or more destination virtual hubs corresponding to at least the real-time geographic destination;

determine, by the one or more computer processing units, one or more virtual hub routes based on the plurality of virtual hubs, wherein the one or more virtual hub routes correspond to one or more geographic routes between the one or more origin virtual hubs and the one or more destination virtual hubs;

generate one or more graphical layers to be superimposed onto respective navigational map interfaces being displayed on respective user devices of at least the subset of the plurality of users, wherein the navigational map interfaces include visualizations of at least first and second virtual hub routes of the plurality of virtual hub routes;

generate, by the one or more computer processing units, a plurality of transportation capacity units for at least the subset of the plurality of users based on the real-time transportation data, wherein a respective transportation capacity unit for the respective user represents a fungible forward contract for the transportation capacity of the respective transportation vehicle traveling along the one or more virtual hub routes; and

provide, by the one or more computer processing units, a transportation forward market platform to the plurality of users for trading the plurality of transportation capacity units, comprising:

receive, over the one or more wired or wireless networks, market depth data from the plurality of users, wherein the market depth data comprises data indicating one or more bid prices and one or more offer prices for the plurality of transportation capacity units;

transmit, over the one or more wired or wireless networks, the market depth data to the plurality of users based on the one or more virtual hub routes; and

store the transportation forward market platform on a first server.

16 . The non-transitory computer-readable medium of claim 15 , wherein the one or more visualizations correspond to the market depth data.

17 . The non-transitory computer-readable medium of claim 15 , wherein the fungible forward contract represented by the respective transportation capacity unit comprises:

one or more conditional attributes to provide substitutability with another transportation capacity unit of the plurality of transportation capacity units;

a plurality of contract specifications, wherein the plurality of contract specifications comprises one or more cost of cover specifications, one or more liquidated damages specifications, one or more force majeure specifications, or combinations thereof; or

combinations thereof.

Assignments (3)

Continuity (5)

References Cited (400)