IP Library Granted Patent US 11,790,382
Granted Patent B2
US 11,790,382 · App. 17/178,174 · Granted Oct 17, 2023

Method to transmit geolocation exchange based markets

Inventor: Erik Mowery Simpson (Houston, TX)
Assignee: CIRCLESX LLC
G06Q30/0205A63F13/216G06Q30/0206H04W4/021
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Quick Facts
Patent No.
US 11,790,382
App. No.
17/178,174
Filed
Feb 17, 2021
Granted
Oct 17, 2023
Kind
B2
Art Unit
3649
USPC
705/13
Abstract

Implementations of a computer implemented method and system to transform geolocation exchange unit specifications and transportation and freight and parking and tolling and curb management and transportation management association unit securities or derivative unit securities or unitization structure capacity units with two waypoints or a destination waypoint or a series sequence of waypoints into multi-modal objects which are tradable as commodities such as wheat, oil, corn, stocks, foreign exchange, fixed income or other forward or securitized markets and broadcast those unitized prices, indices and associated news over a plurality of electronic devices. The present disclosed invention relates to combining the concepts of objected oriented programming and navigation systems and social networking, price-time priorities queues, replacement costs, termination valuations, financial markets, commodity structuring transformation or unitization structures as a fungible asset classes or tradable markets.

Claims (89)

1. A method, comprising:

receiving first location data from a plurality of users over one or more wireless or wired communication networks, wherein the first location data corresponds to one or more first geographic locations;

determining one or more virtual hubs based on the first location data, wherein the one or more virtual hubs comprise one or more first virtual hubs corresponding to the one or more first geographic locations;

storing the one or more virtual hub location data on a first database server;

providing a geolocation exchange for one or more geolocation exchange units based on the one or more virtual hubs, wherein:

the geolocation exchange is configured to allow for one or more trades of the one or more geolocation exchange units by the plurality of users; and

the geolocation exchange corresponds to market depth data, the market depth data comprising data indicating one or more bid prices and one or more offer prices from the plurality of users for the one or more geolocation exchange units, wherein the one or more geolocation exchange units comprises:

one or more transportation capacity units, one or more freight capacity units, one or more curb side capacity units, one or more parking capacity units, one or more transportation management units, one or more advertising exchange units, one or more toll capacity units, one or more virtual transportation capacity units, one or more agriculture exchange units, one or more housing exchange units, one or more gaming exchange units, one or more finance and banking exchange units, one or more educational exchange units, one or more rental exchange units, one or more healthcare exchange units, one or more insurance exchange units, one or more blood or biomarker exchange units, or combinations thereof;

storing the geolocation exchange on a second database server; and

transmitting, over the one or more wireless or wired communication networks, at least a portion of the market depth data to one or more broadcast media devices.

2. The method of claim 1 , wherein the one or more broadcast media devices comprise one or more computing devices.

3. The method of claim 1 , wherein the one or more broadcast media devices comprise one or more devices configured to transmit at least the received portion of the market depth data through wired communication, wireless communication, televised communication, radio communication, audio communication, visual communication, augmented reality communication, mixed reality communication, virtual reality communication, or combinations thereof.

4. The method of claim 1 , wherein the market depth data further comprises data indicating one or more trade histories, one or more closing prices, one or more percentage changes, or combinations thereof.

5. The method of claim 1 , wherein the one or more trades of the one or more geolocation exchange units comprise one or more purchases of the one or more geolocation exchange units by the plurality of users, one or more sales of the one or more geolocation exchange units by the plurality of users, or combinations thereof.

6. The method of claim 1 , wherein the one or more first geographic locations comprise one or more geographic destinations.

7. The method of claim 6 , wherein determining the one or more virtual hubs based on the first location data comprises:

receiving second location data from the plurality of users, wherein the second location data corresponds to one or more geographic origins; and

determining the one or more virtual hubs based on the first location data and the second location data, wherein the one or more virtual hubs comprises one or more second virtual hubs corresponding to the one or more geographic origins.

8. The method of claim 1 , wherein the first location data comprises data determined using one or more satellite navigation systems, and wherein the one or more first geographic locations comprise one or more user locations for the plurality of users.

9. The method of claim 1 , further comprising transmitting the market depth data to the plurality of users.

10. The method of claim 9 , 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 a respective geolocation exchange unit, 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.

11. The method of claim 1 , wherein providing the geolocation exchange comprises:

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

providing the geolocation exchange for the one or more geolocation exchange units based on the received data indicating the one or more bid prices and the one or more offer prices.

12. A method, comprising:

receiving first location data from a plurality of users over one or more wireless or wired communication networks, wherein the first location data corresponds to one or more first geographic locations;

determining one or more virtual hubs based on the first location data, wherein the one or more virtual hubs comprise one or more first virtual hubs corresponding to the one or more first geographic locations;

storing the one or more virtual hub location data on a first database server;

providing a geolocation exchange for one or more geolocation exchange units based on the one or more virtual hubs, wherein:

the geolocation exchange is configured to allow for one or more trades of the one or more geolocation exchange units by the plurality of users;

the geolocation exchange corresponds to market depth data, the market depth data comprising data indicating one or more bid prices and one or more offer prices from the plurality of users for the one or more geolocation exchange units;

storing the geolocation exchange on a second database server;

transmitting, over the one or more wireless or wired communication networks, at least a portion of the market depth data to one or more broadcast media devices;

receiving, over the one or more wireless or wired communication networks, updated market depth data for the geolocation exchange 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 one or more geolocation exchange units; and

transmitting, over the one or more wireless or wired communication networks, at least a portion of the updated market depth data to the plurality of users.

13. The method of claim 1 , wherein the data indicating the one or more bid prices and the one or more offer prices comprises data indicating a first bid price or a first offer price from a first user of the plurality of users for a respective geolocation exchange unit.

14. A method, comprising:

receiving first location data from a plurality of users over one or more wireless or wired communication networks, wherein the first location data corresponds to one or more first geographic locations;

determining one or more virtual hubs based on the first location data, wherein the one or more virtual hubs comprise one or more first virtual hubs corresponding to the one or more first geographic locations;

storing the one or more virtual hub location data on a first database server;

providing a geolocation exchange for one or more geolocation exchange units based on the one or more virtual hubs, wherein:

the geolocation exchange is configured to allow for one or more trades of the one or more geolocation exchange units by the plurality of users;

the geolocation exchange corresponds to market depth data, the market depth data comprising data indicating one or more bid prices and one or more offer prices from the plurality of users for the one or more geolocation exchange units; and

the data indicating the one or more bid prices and the one or more offer prices comprises data indicating a first bid price or a first offer price from a first user of the plurality of users for a respective geolocation exchange unit;

storing the geolocation exchange on a second database server;

transmitting, over the one or more wireless or wired communication networks, at least a portion of the market depth data to one or more broadcast media devices;

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 respective geolocation exchange unit; and

generating a forward commodity contract between the first user and the second user based on the received transaction input data.

15. A method, comprising:

receiving first location data from a plurality of users over one or more wireless or wired communication networks, wherein the first location data corresponds to one or more first geographic locations;

determining one or more virtual hubs based on the first location data, wherein the one or more virtual hubs comprise one or more first virtual hubs corresponding to the one or more first geographic locations;

storing the one or more virtual hub location data on a first database server;

providing a geolocation exchange for one or more geolocation exchange units based on the one or more virtual hubs, wherein:

the geolocation exchange is configured to allow for one or more trades of the one or more geolocation exchange units by the plurality of users; and

the geolocation exchange corresponds to market depth data, the market depth data comprising data indicating one or more bid prices and one or more offer prices from the plurality of users for the one or more geolocation exchange units, wherein

the market depth data further comprises data corresponding to:

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;

storing the geolocation exchange on a second database server; and

transmitting, over the one or more wireless or wired communication networks, at least a portion of the market depth data to one or more broadcast media devices.

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:

receive first location data from a plurality of users over one or more wireless or wired communication networks, wherein the first location data corresponds to one or more first geographic locations;

determine one or more virtual hubs based on the first location data, wherein the one or more virtual hubs comprises one or more first virtual hubs corresponding to the one or more first geographic locations;

store the one or more virtual hub location data on a first database server;

provide a geolocation exchange for one or more geolocation exchange units based on the one or more virtual hubs, wherein:

the geolocation exchange is configured to allow for one or more trades of the one or more geolocation exchange units by the plurality of users; and

the geolocation exchange corresponds to market depth data, the market depth data comprising data indicating one or more bid prices and one or more offer prices from the plurality of users for the one or more geolocation exchange units;

store the geolocation exchange on a second database server;

transmit, over the one or more wireless or wired communication networks, at least a portion of the market depth data to one or more broadcast media devices; and

transmit, over the one or more wireless or wired communication networks, the market depth data to the plurality of users, wherein the transmission of the market depth data comprises the at least one memory comprising program instructions executable by the one or more processors to:

receive constraint data from a respective user, wherein the constraint data indicates a selection by the respective user of one or more conditions for a respective geolocation exchange unit, 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

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

17. The computing system of claim 16 , wherein the one or more broadcast media devices comprise one or more devices configured to transmit at least the received portion of the market depth data through wired communication, wireless communication, televised communication, radio communication, audio communication, visual communication, augmented reality communication, mixed reality communication, virtual reality communication, 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:

receive first location data from a plurality of users over one or more wireless or wired communication networks, wherein the first location data corresponds to one or more first geographic locations;

determine one or more virtual hubs based on the first location data, wherein the one or more virtual hubs comprises one or more first virtual hubs corresponding to the one or more first geographic locations;

store the one or more virtual hub location data on a first database server;

provide a geolocation exchange for one or more geolocation exchange units based on the one or more virtual hubs, wherein:

the geolocation exchange is configured to allow for one or more trades of the one or more geolocation exchange units by the plurality of users; and

the geolocation exchange corresponds to market depth data, the market depth data comprising data indicating one or more bid prices and one or more offer prices from the plurality of users for the one or more geolocation exchange units, wherein the computer is caused to provide the geolocation exchange to:

receive the data indicating the one or more bid prices and the one or more offer prices from at least a subset of the plurality of users; and

provide the geolocation exchange for the one or more geolocation exchange units based on the received data indicating the one or more bid prices and the one or more offer prices;

store the geolocation exchange on a second database server; and

transmit, over the one or more wireless or wired communication networks, at least a portion of the market depth data to one or more broadcast media devices.

19. The non-transitory computer-readable medium of claim 18 , wherein the one or more geolocation exchange units comprises one or more transportation capacity units, one or more freight capacity units, one or more curb side capacity units, one or more parking capacity units, one or more transportation management units, one or more advertising exchange units, one or more toll capacity units, one or more virtual transportation capacity units, one or more agriculture exchange units, one or more housing exchange units, one or more gaming exchange units, one or more finance and banking exchange units, one or more educational exchange units, one or more rental exchange units, one or more healthcare exchange units, one or more insurance exchange units, one or more blood or biomarker exchange units, or combinations thereof.

Assignments (2)
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Nov 25, 2021
From: SIMPSX TECHNOLOGIES LLC
To: CIRCLESX LLC
Reel/Frame 058251/0180 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Feb 17, 2021
From: SIMPSON, ERIK MOWERY
To: SIMPSX TECHNOLOGIES LLC
Reel/Frame 055301/0653 →
Continuity (13)
Continuation In Part 16556838 · Aug 30, 2019
Continuation In Part 16274490 · Feb 13, 2019
Continuation In Part 16258658 · Jan 27, 2019
Continuation In Part 16257032 · Jan 24, 2019
Continuation In Part 16242967 · Jan 8, 2019
Continuation In Part 16242981 · Jan 8, 2019
Continuation In Part 16239485 · Jan 3, 2019
Continuation In Part 16183647 · Nov 7, 2018
Continuation In Part 16167525 · Oct 22, 2018
Continuation In Part 15877393 · Jan 23, 2018
Continuation In Part 15266326 · Sep 15, 2016
Provisional Application 62977559 · Feb 17, 2020
Related Publication 20210248633A1 · Aug 12, 2021