IP Library › Granted Patent US 11,460,592
Granted Patent B2
US 11,460,592 · App. 17/468,133 · Granted Oct 4, 2022

Methods, systems, and media for managing wind speed data, seismic data and other natural phenomena data

Inventors: Bradley I. Meier (Golden Beach, FL); Evan M. Glassman (Fort Lauderdale, FL)
Assignee: NEW PARADIGM GROUP, LLC
G01V1/223G01V1/008G01V1/162G01W1/02G06Q20/085H04W76/10G01P1/07G01P5/00H04W4/80H04W84/12
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Quick Facts
Patent No.
US 11,460,592
App. No.
17/468,133
Granted
Oct 4, 2022
Kind
B2
Abstract

A system for collecting and managing seismic data via an external communications network comprises one or more seismic stations, each including a seismic measurement apparatus producing seismic signals, a station processor converting the signals to seismic data, a station memory securely storing the seismic data on site and a station communication interface transmitting the seismic data onto an external network. The system further comprises one or more data servers, each including a server computing device, a server communication interface receiving the seismic data from the seismic stations and a server memory storing the received seismic data. The data server can determine if the received seismic data satisfies predetermined conditions for certification and/or triggering a payout in accordance with a contract, and can thereafter transmit the appropriate data signals to another location on the external communications network.

Claims (71)

1. A system, the system comprising:

an external communication network communicatively connecting one or more parametric stations, a certification server, and a payout server, wherein the one or more parametric stations are located remotely from the certification server and the payout server;

the one or more parametric stations, each respectively comprising:

a parametric communication interface configured to receive parametric data from a remote source,

a parametric processor configured to:

determine that the parametric data satisfies a predetermined condition, and

control the parametric communication interface to transmit the parametric data to the certification server in response to the parametric data satisfying the predetermined condition;

the certification server comprising:

a certification processor configured to generate a certification report based on the parametric data and data models related to the remote source from which the parametric data was received, and

a certification communication interface configured to transmit the generated respective certification report to the payout server; and

the payout server comprising:

a payout processor configured to:

determine that terms of a respective associated contract are satisfied based on the respective certification report, and

trigger a payout based on the terms that are satisfied based on the respective certification report.

2. The system of claim 1 , wherein the parametric data from a remote source comprises parametric data captured from one or more sensors.

3. The system of claim 2 , wherein the data models include historical parametric models for the one or more sensors.

4. The system of claim 1 , wherein the parametric data from a remote source comprises information indicating that the predetermined condition is satisfied.

5. The system of claim 4 , wherein the data models include historical condition models for decisions made by the remote source.

6. The system of claim 1 , wherein:

a parametric station further includes one or more sensors configured to capture parametric data, and

the parametric processor is further configured to:

determine that the captured parametric data satisfies a predetermined condition, and

control the parametric communication interface to transmit the parametric data to the certification server in response to the parametric data satisfying the predetermined condition.

7. The system of claim 6 , wherein the data models include historical parametric models for the one or more sensors at the parametric station.

8. A wind event system, the wind event system comprising:

an external communication network communicatively connecting one or more wind parametric stations, a certification server, and a payout server, wherein the one or more wind parametric stations are located remotely from the certification server and the payout server;

the one or more wind parametric stations, each respectively comprising:

a parametric communication interface configured to receive wind parametric data from a remote source,

a parametric processor configured to:

determine that the wind parametric data satisfies a predetermined condition, and

control the parametric communication interface to transmit the wind parametric data to the certification server in response to the wind parametric data satisfying the predetermined condition;

the certification server comprising:

a certification processor configured to generate a certification report based on the wind parametric data and wind data models related to the remote source from which the wind parametric data was received, and

a certification communication interface configured to transmit the generated respective certification report to the payout server; and

the payout server comprising:

a payout processor configured to:

determine that terms of a respective associated contract are satisfied based on the respective certification report, and

trigger a payout based on the terms that are satisfied based on the respective certification report.

9. The wind event system of claim 8 , wherein the wind parametric data from a remote source comprises wind speed data captured from one or more anemometers.

10. The wind event system of claim 9 , wherein the wind data models include historical wind speed models for the one or more anemometers.

11. The wind event system of claim 8 , wherein the wind parametric data from a remote source comprises information indicating that the predetermined condition is satisfied.

12. The wind event system of claim 11 , wherein the wind data models include historical wind condition models for decisions made by the remote source.

13. The wind event system of claim 8 , wherein:

a wind parametric station further includes one or more anemometers configured to capture wind parametric data, and

the parametric processor is further configured to:

determine that the captured wind parametric data satisfies a predetermined condition, and

control the parametric communication interface to transmit the wind parametric data to the certification server in response to the wind parametric data satisfying the predetermined condition.

14. The wind event system of claim 13 , wherein the wind data models include historical wind speed models for the one or more anemometers at the wind parametric station.

15. A seismic event system, the seismic event system comprising:

an external communication network communicatively connecting one or more seismic parametric stations, a certification server, and a payout server, wherein the one or more seismic parametric stations are located remotely from the certification server and the payout server;

the one or more seismic parametric stations, each respectively comprising:

a parametric communication interface configured to receive seismic parametric data from a remote source,

a parametric processor configured to:

determine that the seismic parametric data satisfies a predetermined condition, and

control the parametric communication interface to transmit the seismic parametric data to the certification server in response to the seismic parametric data satisfying the predetermined condition;

the certification server comprising:

a certification processor configured to generate a certification report based on the seismic parametric data and seismic data models related to the remote source from which the seismic parametric data was received, and

a certification communication interface configured to transmit the generated respective certification report to the payout server; and

the payout server comprising:

a payout processor configured to:

determine that terms of a respective associated contract are satisfied based on the respective certification report, and

trigger a payout based on the terms that are satisfied based on the respective certification report.

16. The seismic event system of claim 15 , wherein the seismic parametric data from a remote source comprises seismic parametric data captured from one or more seismic sensors or accelerometers.

17. The seismic event system of claim 16 , wherein the seismic data models include historical parametric models for the one or more seismic sensors or accelerometers.

18. The seismic event system of claim 15 , wherein the seismic parametric data from a remote source comprises information indicating that the predetermined condition is satisfied.

19. The seismic event system of claim 18 , wherein the seismic data models include historical condition models for decisions made by the remote source.

20. The seismic event system of claim 15 , wherein:

a seismic parametric station further includes one or more seismic sensors or accelerometers sensors configured to capture seismic parametric data, and

the parametric processor is further configured to:

determine that the captured seismic parametric data satisfies a predetermined condition, and

control the parametric communication interface to transmit the seismic parametric data to the certification server in response to the seismic parametric data satisfying the predetermined condition.

Assignments (2)
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Jun 19, 2024
From: NEW PARADIGM GROUP, LLC
To: NORMANMAX INSURANCE HOLDINGS, INC.
Reel/Frame 067766/0950 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Sep 7, 2021
From: GLASSMAN, EVAN M.; MEIER, BRADLEY I.
To: NEW PARADIGM GROUP, LLC
Reel/Frame 057402/0369 →
Continuity (4)
Continuation 16533556 · Aug 6, 2019
Continuation In Part 15285762 · Oct 5, 2016
Provisional Application 62239072 · Oct 8, 2015
Related Publication 20210405230A1 · Dec 30, 2021