IP Library Granted Patent US 12,619,928
Granted Patent B2
US 12,619,928 · App. 18/081,677 · Granted May 5, 2026

System and method for trading emissions units

Inventor: Erik Mowery Simpson (Houston, TX)
Assignee: CIRCLESX LLC
G06Q10/06315G06Q50/01
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Quick Facts
Patent No.
US 12,619,928
App. No.
18/081,677
Granted
May 5, 2026
Kind
B2
Abstract

Various implementations described herein may refer to a system and method for trading emissions units. In one implementation, a method may include receiving emissions attribute data from users for emissions objects, where a respective emissions object is associated with a respective emissions output. The method may also include receiving evidence data from the users for the emissions objects, where the respective device is configured to transmit the evidence data to a distributed ledger. The method may further include determining emissions output data for the emissions objects. The method may additionally include transmitting the emissions output data to the distributed ledger. The method may also include generating emissions units for the users based on the emissions output data. The method may further include providing an emissions market platform to the users for trading the emissions units.

Claims (54)

1 . A method, comprising:

receiving emissions attribute data from a plurality of users for a plurality of emissions objects, wherein a respective emissions object is associated with a respective emissions output, wherein the respective emissions object is associated with a respective user, and wherein the emissions attribute data for the respective emissions object comprises data corresponding to an object type for the respective emissions object;

receiving evidence data from the plurality of users for the plurality of emissions objects, wherein the evidence data from the respective user for the respective emissions object comprises:

location data determined using a respective device of the respective user,

wherein the location data correspond to a plurality of locations of the respective device determined using a satellite navigation system during a transportation associated with the respective emissions object, and wherein the respective device is configured to transmit the evidence data to one or more distributed ledgers;

determining emissions output data for the plurality of emissions objects based on the emissions attribute data and the evidence data, wherein the emissions output data for the respective emissions object comprises data corresponding to the respective emissions output;

transmitting the emissions output data to the one or more distributed ledgers;

generating a plurality of emissions units for the plurality of users based on the emissions output data, wherein a respective emissions unit for the respective user corresponds to the respective emissions output; and

providing an emissions market platform to the plurality of users for trading the plurality of emissions units, wherein:

the emissions market platform corresponds to market depth data, and

the market depth data comprises data indicating at least a bid price or offer price provided by a respective user for a respective emissions unit.

2 . The method of claim 1 , wherein the respective emissions object comprises a good or an activity associated with the respective emissions output.

3 . The method of claim 1 , wherein the emissions attribute data for the respective emissions object further comprises data corresponding to object quantity, object identification, user identification, or combinations thereof.

4 . The method of claim 1 , wherein the evidence data comprises device data corresponding to accelerometer data, satellite navigation data, Internet of Things data, timestamp data, tracking objects data, recorded video data, photographic data, audio data, cellular data, wide area network data, local area network data, financial temperature sensor data, magnetic field sensor data, neural sensor data, proximity sensor data, sound wave data, relative humidity sensor data, optical wave data, breathing pattern data, ultrasound data, pressure sensor data, photograph metadata, video metadata, internet protocol address data, weather device data, traffic device data, map device data, atmosphere device data, advertising data, advertising metadata, map routing data, supervisory control and data acquisition data, customer relationship management data, enterprise resource planning data, social network data, enterprise asset management data, water meter sensor data, eye movement data, biomarker data, chemical drug data, food data, unmanned aircraft sensor data, geographical information system data, wearable device data, biomarker data, applications data, or combinations thereof.

5 . The method of claim 1 , wherein the one or more distributed ledgers comprise one or more blockchains.

6 . The method of claim 1 , wherein the plurality of emissions units corresponds to a plurality of emissions credits for the plurality of users.

7 . The method of claim 1 , wherein the respective emissions unit for the respective user corresponds to a permit to produce an output of emissions equal to the respective emissions output.

8 . The method of claim 1 , wherein providing the emissions market platform to the plurality of users comprises:

receiving market depth data from the plurality of users, wherein the market depth data comprises data indicating a plurality of bid prices and a plurality of offer prices for the plurality of emissions units; and

transmitting the market depth data to the plurality of users.

9 . The method of claim 8 , wherein the market depth data further comprises first data from a first user of the plurality of users, and wherein the first data indicates a first bid price or a first offer price for a first emissions unit of the plurality of emissions units, and wherein the first bid price corresponds to an emissions offset.

10 . The method of claim 9 , further comprising:

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 first virtual transportation capacity unit.

11 . 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 emissions attribute data from a plurality of users for a plurality of emissions objects, wherein a respective emissions object is associated with a respective emissions output, wherein the respective emissions object is associated with a respective user, and wherein the emissions attribute data for the respective emissions object comprises data corresponding to an object type for the respective emissions object;

receive evidence data from the plurality of users for the plurality of emissions objects, wherein the evidence data from the respective user for the respective emissions object comprises:

location data determined using a respective device of the respective user, wherein the location data correspond to a plurality of locations of the respective device determined using a satellite navigation system during a transportation associated with the respective emissions object, and wherein the respective device is configured to transmit the evidence data to one or more distributed ledgers;

determine emissions output data for the plurality of emissions objects based on the emissions attribute data and the evidence data, wherein the emissions output data for the respective emissions object comprises data corresponding to the respective emissions output;

transmit the emissions output data to the one or more distributed ledgers;

generate a plurality of emissions units for the plurality of users based on the emissions output data, wherein a respective emissions unit for the respective user corresponds to the respective emissions output; and

provide an emissions market platform to the plurality of users for trading the plurality of emissions units, wherein:

the emissions market platform corresponds to market depth data, and

the market depth data comprises data indicating at least a bid price or offer price provided by a respective user for a respective emissions unit.

12 . The computing system of claim 11 , the respective emissions object comprises a good or an activity associated with the respective emissions output.

13 . The computing system of claim 11 , wherein the emissions attribute data for the respective emissions object further comprises data corresponding to object quantity, object identification, user identification, or combinations thereof.

14 . The computing system of claim 11 , wherein the evidence data comprises device data corresponding to accelerometer data, satellite navigation data, Internet of Things data, timestamp data, tracking objects data, recorded video data, photographic data, audio data, cellular data, wide area network data, local area network data, financial temperature sensor data, magnetic field sensor data, neural sensor data, proximity sensor data, sound wave data, relative humidity sensor data, optical wave data, breathing pattern data, ultrasound data, pressure sensor data, photograph metadata, video metadata, internet protocol address data, weather device data, traffic device data, map device data, atmosphere device data, advertising data, advertising metadata, map routing data, supervisory control and data acquisition data, customer relationship management data, enterprise resource planning data, social network data, enterprise asset management data, water meter sensor data, eye movement data, biomarker data, chemical drug data, food data, unmanned aircraft sensor data, geographical information system data, wearable device data, biomarker data, applications data, or combinations thereof.

15 . The computing system of claim 11 , wherein the one or more distributed ledgers comprise one or more blockchains.

16 . The computing system of claim 11 , wherein the plurality of emissions units corresponds to a plurality of emissions credits for the plurality of users.

17 . The computing system of claim 11 , wherein a respective emissions unit for the respective user corresponds to a permit to produce an output of emissions equal to the respective emissions output.

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 emissions attribute data from a plurality of users for a plurality of emissions objects, wherein a respective emissions object is associated with a respective emissions output, wherein the respective emissions object is associated with a respective user, and wherein the emissions attribute data for the respective emissions object comprises data corresponding to an object type for the respective emissions object;

receive evidence data from the plurality of users for the plurality of emissions objects, wherein the evidence data from the respective user for the respective emissions object comprises:

location data determined using a respective device of the respective user,

wherein the location data correspond to a plurality of locations of the respective device determined using a satellite navigation system during a transportation associated with the respective emissions object, and wherein the respective device is configured to transmit the evidence data to one or more distributed ledgers;

determine emissions output data for the plurality of emissions objects based on the emissions attribute data and the evidence data, wherein the emissions output data for the respective emissions object comprises data corresponding to the respective emissions output;

transmit the emissions output data to the one or more distributed ledgers;

generate a plurality of emissions units for the plurality of users based on the emissions output data, wherein a respective emissions unit for the respective user corresponds to the respective emissions output; and

provide an emissions market platform to the plurality of users for trading the plurality of emissions units, wherein:

the emissions market platform corresponds to market depth data, and

the market depth data comprises data indicating at least a bid price or offer price provided by a respective user for a respective emissions unit.

19 . The non-transitory computer-readable medium of claim 18 , wherein the emissions attribute data for the respective emissions object further comprises data corresponding to object quantity, object identification, user identification, or combinations thereof.

20 . The non-transitory computer-readable medium of claim 18 , wherein the evidence data comprises device data corresponding to accelerometer data, satellite navigation data, Internet of Things data, timestamp data, tracking objects data, recorded video data, photographic data, audio data, cellular data, wide area network data, local area network data, financial temperature sensor data, magnetic field sensor data, neural sensor data, proximity sensor data, sound wave data, relative humidity sensor data, optical wave data, breathing pattern data, ultrasound data, pressure sensor data, photograph metadata, video metadata, internet protocol address data, weather device data, traffic device data, map device data, atmosphere device data, advertising data, advertising metadata, map routing data, supervisory control and data acquisition data, customer relationship management data, enterprise resource planning data, social network data, enterprise asset management data, water meter sensor data, eye movement data, biomarker data, chemical drug data, food data, unmanned aircraft sensor data, geographical information system data, wearable device data, biomarker data, applications data, or combinations thereof.

Assignments (1)
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Dec 14, 2022
From: SIMPSON, ERIK MOWERY
To: CIRCLESX LLC
Reel/Frame 062097/0820 →
Continuity (45)
Continuation In Part 18075381 · Dec 5, 2022
Continuation In Part 17976738 · Oct 28, 2022
Continuation In Part 17732487 · Apr 28, 2022
Continuation In Part 17576861 · Jan 14, 2022
Continuation In Part 17567686 · Jan 3, 2022
Continuation In Part 17566876 · Dec 31, 2021
Continuation In Part 17555050 · Dec 17, 2021
Continuation In Part 17541080 · Dec 2, 2021
Continuation In Part 17510318 · Oct 25, 2021
Continuation In Part 17493455 · Oct 4, 2021
Continuation In Part 17493432 · Oct 4, 2021
Continuation In Part 17403826 · Aug 16, 2021
Continuation In Part 17375914 · Jul 14, 2021
Continuation In Part 17373679 · Jul 12, 2021
Continuation In Part 17358429 · Jun 25, 2021
Continuation In Part 17349829 · Jun 16, 2021
Continuation In Part 17324051 · May 18, 2021
Continuation In Part 17187792 · Feb 27, 2021
Continuation In Part 17178174 · Feb 17, 2021
Continuation In Part 17175689 · Feb 14, 2021
Continuation In Part 17165813 · Feb 2, 2021
Continuation In Part 17082249 · Oct 28, 2020
Continuation In Part 17082254 · Oct 28, 2020
Continuation In Part 17069597 · Oct 13, 2020
Continuation 16589229 · Oct 1, 2019
Continuation 16556838 · Aug 30, 2019
Continuation In Part 16397685 · Apr 29, 2019
Continuation In Part 16380771 · Apr 10, 2019
Continuation In Part 16359841 · Mar 20, 2019
Continuation In Part 16357241 · Mar 18, 2019
Continuation 16293712 · Mar 6, 2019
Continuation 16290278 · Mar 1, 2019
Continuation 16274490 · Feb 13, 2019
Continuation In Part 16258658 · Jan 27, 2019
Continuation 16257032 · Jan 24, 2019
Continuation In Part 16242967 · Jan 8, 2019
Continuation 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 15484059 · Apr 10, 2017
Continuation 15266326 · Sep 15, 2016
Provisional Application 63290153 · Dec 16, 2021
Related Publication 20230123620A1 · Apr 20, 2023
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