Granted Patent B2

US 12,361,486 · App. 17/082,254 · Granted Jul 15, 2025

Inventor: Erik Mowery Simpson (Houston, TX)

Assignee: CIRCLESX LLC

G06Q40/04G01C21/3461G06Q10/047G06Q10/08355G06Q30/0206G06Q30/0283G06Q30/08G06Q50/40G07B15/02G06Q2240/00

Abstract

Claims (85)

1. A method, implemented on a computing system with one or more processors and memory, comprising:

tracking, by the computing system, destination location data in real-time from respective satellite navigation systems of at least a subset of a plurality of users;

continuously receiving, by the computing system, real-time updates for the destination location data from at least the subset of the plurality of users, wherein the destination location data corresponds to one or more real-time geographic destinations;

dynamically determining, by the computing system, one or more virtual hubs based on the real-time updates of the destination location data, wherein the one or more virtual hubs are configured for use by one or more transportation vehicles, and wherein the virtual hubs are adjusted based on the real-time updates for the destination location data;

generating, by the computing system, one or more toll capacity units corresponding to one or more predetermined spaces located within the one or more virtual hubs, and wherein tolls are applied to the one or more predetermined spaces based on the real-time updates of the destination location data;

forming, by the computing system, a toll capacity market for the one or more toll capacity units, wherein the toll capacity market includes transactions between the plurality of users for the one or more toll capacity units;

generating, by the computing system, a toll capacity market platform that manages market depth data for the toll capacity market, wherein the market depth data comprises price data indicating dynamically updated one or more bid prices and one or more offer prices from the plurality of users for the one or more toll capacity units;

generating one or more interactive graphical layers, by the computing system, for user interfaces of at least one of a first user and a second user of the plurality of users, wherein the one or more interactive graphical layers correspond to a network node topology for the toll capacity market platform, wherein:

the one or more interactive graphical layers are configured to; be superimposed on a respective navigational map interface of the user interfaces, and be updated in real-time based on user input and the real-time updates for the destination location data;

the one or more interactive graphical layers comprise at least one or more of: buttons, icons, settings tables, or menus configured for selection or manipulation by at least one of the first user and the second user, wherein user manipulation of the one or more interactive graphical layers, comprising selecting or adjusting the one or more toll capacity units, modifies availability and pricing of the one or more toll capacity units in real-time;

detecting, by the computing system at respective user interfaces, user network logins of the respective user interfaces using one or more of facial recognition, fingerprint recognition, and photo-scan security mechanisms for authentication, wherein authentication data is used to validate the transactions in the toll capacity market;

and

receiving, by the computing system, transaction input data upon at least one of the one or more interactive graphical layers from a respective user interface of the second user, wherein the transaction input data comprises acceptance data indicating an acceptance by the second user of the price data for a respective toll capacity unit, and wherein the computing system updates the market depth data based on the transactions.

2. The method of claim 1 , wherein:

the user interfaces comprise one of: touchscreen displays, augmented non-screen displays, or audio interfaces of the plurality of users;

a respective node of the network node topology corresponds to a respective virtual hub of the one or more virtual hubs, and

the respective virtual hub corresponds to a geofenced area having one or more predetermined latitudes, one or more predetermined longitudes, and one or more predetermined altitudes.

3. The method of claim 1 , wherein a respective toll comprises a fee associated with a right to use a respective predetermined space by a respective transportation vehicle.

4. The method of claim 1 , wherein the one or more transportation vehicles comprise one or more automobiles, one or more aircraft, one or more autonomous vehicles, one or more drone devices, one or more motorcycles, one or more bicycles, one or more boats, one or more buses, one or more subway cars, one or more taxicabs, one or more trains, a drone, an unmanned aircraft, a virtual transportation mode, one or more delivery vehicles, one or more scooters, one or more electric scooters, or combinations thereof.

5. The method of claim 1 , wherein the one or more virtual hubs comprise one or more roadways, one or more airspace areas, one or more outer space areas, one or more seaways, one or more sidewalk areas, one or more landing areas, one or more shipping lanes, one or more parking areas, one or more curbside space areas, one or more freight areas, one or more loading areas, one or more delivery areas, or combinations thereof.

6. The method of claim 1 , further comprising transmitting the market depth data to the plurality of users based on the one or more virtual hubs, wherein:

the user interfaces comprise navigational map interfaces; and

the market depth data is at least one of: configured to be displayed as a graphical layer of the one or more interactive graphical layers for the navigational map interfaces, or configured to be displayed in a graphical list view corresponding to the one or more interactive graphical layers for the navigational map interfaces.

7. The method of claim 6 , wherein transmitting the market depth data comprises:

receiving term specification data from a respective user, wherein the term specification data indicates a selection by the respective user of a time period for using a respective predetermined space; and

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

8. The method of claim 6 , wherein transmitting the market depth data comprises:

receiving constraint data from a respective user, wherein the constraint data indicates a selection by the respective user of one or more conditions for traveling along the respective virtual hub route, 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, emissions reduction, highest safety and security level for route, or combinations thereof; and

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

9. The method of claim 1 , further comprising

tracking origin location data in real-time from the respective satellite navigation systems of at least the subset of the plurality of users; and

receiving real-time updates for the origin location data from at least the subset of the plurality of users, wherein the origin location data corresponds to one or more real-time geographic origins.

10. The method of claim 9 , wherein dynamically determining, by the computing system, the one or more virtual hubs comprises determining the one or more virtual hubs based on the real-time updates for the destination location data and the origin location data, and wherein the one or more virtual hubs further comprise one or more origin virtual hubs determined based on the real-time updates for the origin location data and one or more destination virtual hubs determined based on the real-time updates for the destination location data.

11. The method of claim 10 , further comprising determining one or more virtual hub routes based on the one or more virtual hubs, wherein a respective virtual hub route corresponds to a geographic route from a location corresponding to a respective origin virtual hub to a location corresponding to a respective destination virtual hub.

12. The method of claim 1 , wherein generating, by the computing system, the toll capacity market platform comprises:

receiving the price data indicating the dynamically updated one or more bid prices and the dynamically updated one or more offer prices from at least the subset of the plurality of users;

generating the toll capacity market platform for the one or more toll capacity units based on at least the price data indicating the dynamically updated one or more bid prices and the dynamically updated one or more offer prices; and

transmitting the market depth data to the plurality of users.

13. The method of claim 1 , further comprising:

generating a forward commodity contract between the first user and the second user based at least on the received transaction input data, wherein the forward commodity contract comprises one or more conditional attributes to provide substitutability between first and second toll capacity units of the one or more toll capacity units.

14. The method of claim 13 , wherein the forward commodity toll capacity unit comprises a homogenous product specification.

15. The method of claim 1 , wherein the market depth data further comprises data corresponding to:

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

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

16. A computing system, comprising:

one or more processors; and

at least one memory comprising program instructions executable by the one or more processors to:

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

continuously receive real-time updates for the destination location data from at least the subset of the plurality of users, wherein the destination location data corresponds to one or more real-time geographic destinations;

dynamically determine one or more virtual hubs based on the real-time updates of the destination location data, wherein the one or more virtual hubs are configured for use by one or more transportation vehicles, and wherein the virtual hubs are adjusted based on the real-time updates for the destination data;

generate one or more toll capacity units corresponding to one or more predetermined spaces located within the one or more virtual hubs, and wherein tolls are applied to the one or more predetermined spaces based on the real-time updates of the destination location data;

form a toll capacity market for the one or more toll capacity units, wherein the toll capacity market includes transactions between the plurality of users for the one or more toll capacity units;

generate a toll capacity market platform that manages market depth data for the toll capacity market, wherein the market depth data comprises price data indicating dynamically updated one or more bid prices and one or more offer prices from the plurality of users for the one or more toll capacity units;

generate one or more interactive graphical layers, by the computing system, for user interfaces of at least one of a first user and a second user, wherein the one or more interactive graphical layers correspond to a network node topology for the toll capacity market platform, wherein:

the one or more interactive graphical layers are configured to be: superimposed on a respective navigational map interface of the user interfaces, and be updated in real-time based on user input and the real-time updates for the destination location data;

the one or more interactive graphical layers comprise at least one or more of: buttons, icons, settings tables, or menus configured for selection or manipulation by at least one of the first user and the second user, wherein user manipulation of the one or more interactive graphical layers, comprising selecting or adjusting the one or more toll capacity units, modifies availability and pricing of the one or more toll capacity units in real-time;

detect, at respective user interfaces, user network logins of the user interfaces using one or more of facial recognition, fingerprint recognition, and photo-scan security mechanisms for authentication, wherein authentication data is used to validate the transactions in the toll capacity market;

and

receive transaction input data upon at least one of the one or more interactive graphical layers from the user interface of the second user, wherein the transaction input data comprises acceptance data indicating an acceptance by the second user of the price data for a respective toll capacity unit, and wherein the computing system updates the market depth data based on the transactions.

17. The computing system of claim 16 , wherein:

the user interfaces comprise one of: touchscreen displays, augmented non-screen displays, or audio interfaces of the plurality of users; and

a respective node of the network node topology corresponds to a respective virtual hub of the plurality of virtual hubs, and wherein:

the respective virtual hub corresponds to a geofenced area having one or more predetermined latitudes, one or more predetermined longitudes, and one or more predetermined altitudes;

a respective toll comprises a fee associated with a right to use a respective predetermined space by a respective transportation vehicle; or

combinations thereof.

18. 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 destination location data in real-time from respective satellite navigation systems of at least a subset of a plurality of users;

receive real-time updates for the destination location data from at least the subset of the plurality of users, wherein the destination location data corresponds to one or more real-time geographic destinations;

determine one or more virtual hubs based on the real-time updates of the destination location data, wherein the one or more virtual hubs are configured for use by one or more transportation vehicles;

detect, at respective user interfaces of the plurality of users, respective user network logins of the respective user interfaces using one or more of facial recognition, fingerprint recognition and photo-scan security for authentication;

generate a toll capacity market platform for one or more toll capacity units based on the one or more virtual hubs, wherein:

the one or more toll capacity units correspond to one or more predetermined spaces disposed within the one or more virtual hubs for at least the subset of the plurality of users based on the one or more real-time geographic destinations, wherein the one or more predetermined spaces are subject to one or more tolls;

the toll capacity market platform corresponds to market depth data, the market depth data comprising price data indicating one or more bid prices and one or more offer prices from the plurality of users for the one or more toll capacity units, and

the price data comprises first data indicating a first bid price or a first offer price from a respective user interface of a first user of the plurality of users for a respective toll capacity unit;

generate one or more graphical layers, on the user interfaces of at least one of the first user and a second user of the plurality of users, wherein:

the one or more graphical layers are configured to be superimposed on a respective navigational map interface of the respective user interfaces; and

the one or more graphical layers comprise at least one or more of: buttons, icons, settings tables, or menus configured for selection or manipulation by at least one of the first user and the second user; and

receive transaction input data upon at least one of the one or more graphical layers from a respective user interface of the second user, wherein the transaction input data comprises acceptance data indicating an acceptance by the second user of the first data for the respective toll capacity unit; and

generate a forward commodity toll capacity unit, the forward commodity toll capacity unit comprising a digital representation of a forward commodity contract between the first user and the second user for the respective toll capacity unit of the one or more toll capacity units based at least on the received transaction input data, wherein for the generation of the forward commodity toll capacity unit:

detect the respective toll capacity unit; and

apply one or more toll capacity unit transformations to the respective toll capacity unit to generate the forward commodity toll capacity unit.

19. The non-transitory computer-readable medium of claim 18 , wherein:

the one or more virtual hubs comprise one or more roadways, one or more airspace areas, one or more outer space areas, one or more seaways, one or more sidewalk areas, one or more landing areas, one or more shipping lanes, one or more parking areas, one or more curbside space areas, one or more freight areas, one or more loading areas, one or more delivery areas, or combinations thereof.

20. The non-transitory computer-readable medium of claim 18 , wherein:

the one or more toll capacity unit transformations comprise one or more of: an interest rate for discount; a contract price; a default interest rate; an early termination date; a force majeure event, a letter of credit or performance assurance; a termination replacement price; a termination replacement transaction; a trade confirmation; a recorded confirmation; one or more remedies for product delivery failures corresponding to respective liquidated damages, events of default; or a calculation of a termination payment.

Assignments (2)

Continuity (24)

References Cited (400)