IP Library Patent Application 17771729
Patent Application
App. No. 17/771,729

Systems and Methods for Optimizing Monetization Opportunities for Climate-Change-Related Program Benefits

Loading inventors, assignments & file history…
Monitor This Case
Get email alerts when status or documents change.
Order Certified Copies
Most orders are placed with the USPTO same day — all within 24 business hours.
Order via The Patent Place →
Pre-filled with this patent's details
Quick Facts
Patent No.
US None
App. No.
17/771,729
Filed
Apr 25, 2022
Art Unit
3627
USPC
705/308
Abstract

Systems and methods for analyzing monetization opportunities for climate-change-related program benefits and providing optimal combinations of program options to maximize monetization in an agricultural setting are provided. The system can work directly with a user's existing data management system and provide an automated service to optimize monetization of program benefits to give an additional revenue stream to the user.

Claims (35)

1 . A system for optimizing monetization opportunities for climate-change-related program benefits for an agricultural site, the system comprising:

a processor; and

a machine-readable medium in operable communication with the processor and an agriculture data management system of the agricultural site, the machine-readable medium having instructions stored thereon that, when executed by the processor, perform the following steps:

collecting, from at least one regulatory or government information source, first data about the climate-change-related program benefits, the climate-change-related program benefits being based on the geographical location of the agriculture site;

collecting, from the agriculture data management system, second data about the agricultural site;

analyzing the first data and the second data to determine the climate-change-related program benefits for which the agricultural site is eligible;

running an optimization process on the first data and the second data to determine an optimum combination of climate-change-related program benefits for the agricultural site to maximize monetization of available climate-change-related program benefits; and

utilizing blockchain to publicly post transactions from the optimum combination of climate-change-related program benefits.

2 . The system according to claim 1 , the climate-change-related program benefits comprising benefits related to carbon sequestration.

3 . The system according to claim 1 , the climate-change-related program benefits comprising benefits related to nitrogen use reduction.

4 . The system according to claim 1 , the climate-change-related program benefits comprising benefits related to phosphorous use reduction.

5 . (canceled)

6 . The system according to claim 1 , the climate-change-related program benefits comprising benefits related to energy use reduction, fuel use reduction, or both.

7 . The system according to claim 1 , the climate-change-related program benefits comprising benefits related to enteric methane reduction.

8 . The system according to claim 1 , the climate-change-related program benefits comprising benefits related to reduction of methane from tailing ponds.

9 . (canceled)

10 . The system according to claim 1 , further comprising a display and a graphical user interface (GUI) via which a user can view results and enter information.

11 . The system according to claim 1 , wherein the second data is collected from satellite soil organic carbon (SOC) imagery of the agricultural site, crop insurance filings of the agricultural site, an agriculture soil organic carbon (SOC) database, equipment software of the agricultural site, accounting software of the agricultural site, a livestock data management tool of the agricultural site, and/or remote sensing satellite imagery of the agricultural site.

12 - 17 . (canceled)

18 . The system according to claim 1 , wherein the first data about the climate-change-related program benefits comprises information about county-level climate-change-related program benefits.

19 . The system according to claim 1 , wherein the first data about the climate-change-related program benefits comprises information about state-level climate-change-related program benefits.

20 . The system according to claim 1 , wherein the first data about the climate-change-related program benefits comprises information about national-level climate-change-related program benefits.

21 . The system according to claim 1 , wherein the first data about the climate-change-related program benefits comprises information about international-level climate-change-related program benefits.

22 . The system according to claim 1 , wherein the system communicates with a carbon market.

23 . The system according to claim 1 , wherein the system comprises at least one application programming interface (API) to obtain the first data and/or second data from each source, respectively.

24 . The system according to claim 1 , wherein the at least one regulatory or government information source comprises a regulatory or government server, a regulatory or government website, or both.

25 . The system according to claim 1 , wherein the instructions when executed by the processor further performing the following step:

initiating a practice change impact dashboard in which a user can utilize a physical user interface to provide input and view different scenarios based on the provided input via a graphical user interface on a display of the system.

26 . A method for optimizing monetization opportunities for climate-change-related program benefits for an agricultural site, the method comprising:

collecting, from at least one regulatory or government information source, first data about the climate-change-related program benefits, the climate-change-related program benefits being based on the geographical location of the agriculture site, wherein the collecting of the first data is performed by a processor in operable communication with an agriculture data management system of the agricultural site;

collecting, by the processor from the agriculture data management system, second data about the agricultural site;

analyzing, by the processor, the first data and the second data to determine the climate-change-related program benefits for which the agricultural site is eligible;

running, by the processor, an optimization process on the first data and the second data to determine an optimum combination of climate-change-related program benefits for the agricultural site to maximize monetization of available climate-change-related program benefits; and

utilizing, by the processor, blockchain to publicly post transactions from the optimum combination of climate-change-related program benefits.

27 . (canceled)

Assignments (7)
RELEASE OF SECURITY INTEREST Recorded Nov 18, 2024
From: U.S. BANK TRUST COMPANY
To: LOCUS SOLUTIONS, LLC; LOCUS MANAGEMENT GP, INC.; LOCUS MANAGEMENT, LLC; LOCUS IP COMPANY, LLC; LOCUS OIL HOLDING, LLC,; LOCUS BIO-ENERGY SOLUTIONS, LLC; LOCUS OIL IP COMPANY, LLC; LOCUS AGRICULTURE HOLDING, LLC; LOCUS AGRICULTURAL SOLUTIONS, LLC; LOCUS AGRICULTURE IP COMPANY, LLC,; LOCUS SOLUTIONS IPCO, LLC; LOCUS SOLUTIONS IPHOLDCO, LLC; LOCUS CONSUMER BRANDS HOLDING, LLC; ARCTIVA WELLNESS, LLC
Reel/Frame 069386/0272 →
RELEASE OF SECURITY INTEREST Recorded Oct 30, 2024
From: U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, AS COLLATERAL AGENT
To: LOCUS SOLUTIONS IPCO, LLC
Reel/Frame 069273/0361 →
SECURITY INTEREST Recorded Dec 8, 2023
From: LOCUS SOLUTIONS IPCO, LLC
To: U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, AS THE COLLATERAL AGENT
Reel/Frame 065836/0868 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Nov 17, 2023
From: LOCUS AGRICULTURE IP COMPANY, LLC
To: LOCUS SOLUTIONS IPCO, LLC
Reel/Frame 065615/0849 →
SECURITY INTEREST Recorded Dec 7, 2022
From: LOCUS SOLUTIONS, LLC; LOCUS MANAGEMENT GP, INC.; LOCUS MANAGEMENT, LLC; LOCUS IP COMPANY, LLC; LOCUS OIL HOLDING, LLC; LOCUS BIO-ENERGY SOLUTIONS, LLC; LOCUS OIL IP COMPANY, LLC; LOCUS AGRICULTURE HOLDING, LLC; LOCUS AGRICULTURAL SOLUTIONS, LLC; LOCUS AGRICULTURE IP COMPANY, LLC; LOCUS SOLUTIONS IPCO, LLC; LOCUS SOLUTIONS IPHOLDCO, LLC; LOCUS CONSUMER BRANDS HOLDING, LLC; ARCTIVA WELLNESS, LLC
To: U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, AS COLLATERAL AGENT
Reel/Frame 062079/0829 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Nov 18, 2022
From: LOCUS AGRICULTURE IP COMPANY, LLC
To: LOCUS SOLUTIONS IPCO, LLC
Reel/Frame 061964/0927 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded May 13, 2022
From: KARATHUR, KARTHIK N.
To: LOCUS AGRICULTURE IP COMPANY, LLC
Reel/Frame 059897/0680 →