IP Library Patent Application 16886484
Patent Application
App. No. 16/886,484

SYSTEMS AND METHODS FOR UTILIZING SOCIAL MEDIA DATA TO AUTOMATICALLY EXECUTE A RESOURCE TRANSACTION

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Quick Facts
Patent No.
US None
App. No.
16/886,484
Filed
May 28, 2020
Art Unit
3689
USPC
705/310
Abstract

Systems and methods for using analyzed social media data to predict a forward resource market and automatically execute a resource transaction accordingly. An example system may include a machine having a resource requirement and a controller. The controller may include: a resource requirement circuit to determine an amount of a resource needed; a social media data circuit to interpret data from social media data sources; a forward resource market circuit to access a forward resource market; and a market forecasting circuit to predict a forward market price of the resource in response to the interpreted social media data. A resource distribution circuit may execute a resource transaction on the forward resource market in response to the determined amount of the resource and the predicted forward market price.

Claims (32)

1 . A transaction-enabling system, comprising:

a machine having at least one of a compute task requirement, a networking task requirement, and an energy consumption task requirement; and

a controller, comprising:

a resource requirement circuit structured to determine an amount of a resource for the machine to service at least one of the compute task requirement, the networking task requirement, and the energy consumption task requirement;

a social media data circuit structured to interpret data from a plurality of social media data sources;

a forward resource market circuit structured to access a forward resource market;

a market forecasting circuit structured to predict a forward market price of the resource on the forward resource market in response to the interpreted data; and

a resource distribution circuit structured to execute a transaction of the resource on the forward resource market in response to the determined amount of the resource and the predicted forward market price of the resource.

2 . The transaction-enabling system of claim 1 , wherein the resource comprises a spectrum allocation resource, and wherein the forward resource market comprises a forward market for spectrum allocation.

3 . The transaction-enabling system of claim 1 , wherein the resource comprises an energy credit resource, and wherein the forward resource market comprises a forward market for energy credits.

4 . The transaction-enabling system of claim 1 , wherein the resource comprises an energy resource, and wherein the forward resource market comprises a forward market for energy.

5 . The transaction-enabling system of claim 1 , wherein the transaction of the resource on the forward resource market comprises one of buying or selling the resource.

6 . The transaction-enabling system of claim 1 , wherein the market forecasting circuit further comprises at least one of a machine learning component, an artificial intelligence component, or a neural network component.

7 . The transaction-enabling system of claim 1 , wherein the resource distribution circuit is further structured to adaptively improve one of an output value of the machine or a cost of operation of the machine using executed transactions on the forward resource market.

8 . The transaction-enabling system of claim 7 , wherein the resource distribution circuit further comprises at least one of a machine learning component, an artificial intelligence component, or a neural network component.

9 . The transaction-enabling system of claim 1 , wherein the interpreted data relates to a human behavior indicative of an increasing energy demand.

10 . The transaction-enabling system of claim 1 , wherein the interpreted data relates to an indicator on social media that relates to a forward market price.

11 . The transaction-enabling system of claim 10 , wherein the indicator is at least one of a conversation type, a keyword occurrence, a sharing of topic indicators, or an event indicator.

12 . A method, comprising:

determining an amount of a resource for a machine to service at least one of a compute task requirement, a networking task requirement, and an energy consumption task requirement;

interpreting data from a plurality of social media data sources;

accessing a forward resource market;

predicting a forward market price of the resource on the forward resource market in response to the plurality of social media data sources; and

executing a transaction of the resource on the forward resource market in response to the determined amount of the resource and the predicted forward market price of the resource.

13 . The method of claim 12 , wherein the resource comprises a spectrum allocation resource, and wherein the forward resource market comprises a forward market for spectrum allocation.

14 . The method of claim 12 , wherein the resource comprises an energy credit resource, and wherein the forward resource market comprises a forward market for energy credits.

15 . The method of claim 12 , wherein the resource comprises an energy resource, and wherein the forward resource market comprises a forward market for energy.

16 . The method of claim 12 , wherein executing the transaction of the resource on the forward resource market comprises one of buying or selling the resource.

17 . The method of claim 12 , further comprising adaptively improving one of an output value of the machine or a cost of operation of the machine using executed transactions on the forward resource market.

18 . The method of claim 12 , wherein the interpreted data relates to a human behavior indicative of an increasing energy demand.

19 . The method of claim 12 , wherein the interpreted data relates to an indicator on social media that relates to a forward market price.

20 . The method of claim 19 , wherein the indicator is at least one of a conversation type, a keyword occurrence, a sharing of topic indicators, or an event indicator.

Assignments (1)
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded May 29, 2020
From: CELLA, CHARLES HOWARD
To: STRONG FORCE TX PORTFOLIO 2018, LLC
Reel/Frame 053303/0022 →