IP Library Granted Patent US 12,579,486
Granted Patent B2
US 12,579,486 · App. 18/444,632 · Granted Mar 17, 2026

Market exchange for transportation capacity in transportation vehicles

Inventors: Erik M. Simpson (Houston, TX); Stuart Simpson (Houston, TX)
Assignee: CIRCLESX LLC
G06Q10/025G01C21/343G01S19/42G06Q10/109G06Q30/08G06Q40/04G06Q50/40G06F3/04842
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Quick Facts
Patent No.
US 12,579,486
App. No.
18/444,632
Granted
Mar 17, 2026
Kind
B2
Abstract

Implementations of various methods and systems of a network, GPS system, mobile computing devices, servers, forward commodity exchanges, grouping software for hubs, transparent open access pricing systems, blockchain audit and safety methods and systems, virtual hub systems, algorithm methods for no arbitrage conditions in a simple easy to use graphical user interface format for mobile or virtual computing over various mediums which are connected via a network to transact and trade transportation seats or capacity units in airline transport, subway transport, train transport, automobile transport, autonomous vehicle transport, taxi transport, space transport, virtual transport, underground transport, ship or sea transport, public transport, private transport or drone transport on a computer, mobile computer device, virtual reality computer device or mixed reality computing device.

Claims (99)

1 . A method for a computing device, comprising:

transmitting, by a computing device of a first user of a plurality of users, first transportation data over one or more wireless or wired communication networks to one or more servers, wherein:

the first transportation data from the first user comprises data corresponding to a geographic origin and a geographic destination for a respective virtual transportation mode of the first user;

the geographic origin for the respective virtual transportation mode comprises a geographic location determined using one or more satellite navigation systems; and

the geographic location corresponds to a location of the first user;

detecting, at a user interface of the computing device, a network login using one or both of a facial recognition or a fingerprint recognition for authentication, wherein the detected user interface comprises a graphical user interface configured to display one or more integrated or overlayed layers wherein:

the detected user interface further comprises a touchscreen display, non-touchscreen display, an augmented mixed reality non-screen display, audio interface, or combinations thereof;

the graphical user interface is configured to display the one or more integrated or overlayed layers as one or more graphical layers or a graphical list view; and

the one or more integrated or overlayed layers comprise at least one or more of:

buttons, icons, settings tables, or menus configured for selection or manipulation by the first user; and

receiving, at the computing device, a virtual transportation forward market platform for trading a plurality of virtual transportation capacity units based on a plurality of virtual hubs from the one or more servers, wherein:

the plurality of virtual hubs are determined based on transportation data of the plurality of users;

the transportation data corresponds to a plurality of virtual transportation modes configured for use by the plurality of users;

the plurality of virtual hubs comprise one or more origin virtual hubs corresponding to at least the geographic origin and one or more destination virtual hubs corresponding to at least the geographic destination; and

receiving, at the computing device, the virtual transportation forward market platform 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 virtual transportation capacity units; and

receiving, at the user interface, the market depth data.

2 . The method of claim 1 , further comprising: transmitting, by the computing device, blockchain data corresponding to the first user to the one or more servers.

3 . The method of claim 1 , further comprising:

receiving, at the user interface, an audited blockchain of a respective virtual transportation capacity unit of the plurality of virtual transportation capacity units.

4 . The method of claim 1 , wherein the market depth data is based on blockchain data corresponding to the plurality of users.

5 . The method of claim 1 , wherein:

the plurality of virtual transportation capacity units for at least a subset of the plurality of users is generated based on the transportation data;

a respective virtual transportation capacity unit for the first user represents a fungible forward contract for the respective virtual transportation mode; and

the respective virtual transportation mode is configured for use between the plurality of virtual hubs.

6 . The method of claim 5 , wherein the fungible forward contract represented by the respective virtual transportation capacity unit comprises:

one or more conditional attributes to provide substitutability with another virtual transportation capacity unit of the plurality of virtual transportation capacity units;

a plurality of contract specifications, wherein the plurality of contract specifications comprises one or more cost of cover specifications, one or more liquidated damages specifications, one or more force majeure specifications, or combinations thereof;

or combinations thereof.

7 . The method of claim 1 , wherein the plurality of virtual transportation modes comprises one or more virtual seats corresponding to one or more user devices, one or more virtual transportation vehicles configured for use by the plurality of users, one or more spaces along a packet moving medium, or combinations thereof.

8 . The method of claim 1 , wherein:

the first transportation data from the first user comprises:

data corresponding to a virtual transportation capacity for the respective virtual transportation mode of the first user;

data corresponding to a virtual transportation availability for the respective virtual transportation mode of the first user;

or combinations thereof.

9 . The method of claim 8 , wherein the virtual transportation availability for the respective virtual transportation mode comprises:

a date when the respective virtual transportation mode is available for use; and

a time when the respective virtual transportation mode is available for use.

10 . The method of claim 1 , further comprising:

transmitting term specification data from the first user of the plurality of users to the one or more servers, wherein:

the term specification data indicates one or more selections by the first user for an availability of the plurality of virtual transportation modes; and

the one or more selections comprise a start date, an end date, a usage frequency, or combinations thereof; and

receiving, at the user interface as the one or more graphical layers or the graphical list view, the market depth data from the one or more servers based on the term specification data.

11 . The method of claim 1 , further comprising:

transmitting constraint data from the first user to the one or more servers, wherein:

the constraint data indicates a selection by the first user of one or more conditions for the plurality of virtual transportation modes; and

the one or more conditions comprise cheapest transmission, single mode of transmission, multiple modes of transmission, fastest transmission, highest rated transmission, most available transmission, highest volume of participants for transmission, most frequent transmission, service level for transmission, pollution reduction, emissions reduction, highest safety and security level for transmission, or combinations thereof; and

receiving, at the computing device, the market depth data based on the constraint data.

12 . The method of claim 1 , further comprising:

receiving, at the user interface, updated market depth data for the plurality of virtual transportation capacity units 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 plurality of virtual transportation capacity units; and

transmitting at least a portion of the updated market depth data to the plurality of users.

13 . The method of claim 1 , further comprising:

transmitting, at the user interface, first data from the first user of the plurality of users, wherein the first data indicates a first bid price or a first offer price for a first virtual transportation capacity unit of the plurality of virtual transportation capacity units.

14 . The method of claim 13 , further comprising:

receiving, at the user interface, 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;

the transaction input data further comprises time in force data; and

the time in force data indicates a selection of one or more time in force conditions by the first user for the acceptance of the first bid price or the first offer price.

15 . The method of claim 14 , further comprising:

arranging for a delivery of a first virtual transportation mode between the first user and the second user based on the first virtual transportation capacity unit.

16 . The method of claim 1 , wherein

the market depth data further comprises data corresponding to:

a bid queue for the plurality of bid prices, wherein the plurality of 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 plurality of offer prices, wherein the plurality of 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; and

receiving, at the user interface, the market depth data comprises receiving, at the user interface, the market depth data based on the bid queue, the offer queue, or combinations thereof.

17 . A computing system, comprising:

one or more processors; and

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

transmit, by a computing device of a first user of a plurality of users, first transportation data over one or more wireless or wired communication networks to one or more servers, wherein:

the first transportation data from the first user comprises data corresponding to a geographic origin and a geographic destination for a respective virtual transportation mode of the first user;

the geographic origin for the respective virtual transportation mode comprises a geographic location determined using one or more satellite navigation systems; and

the geographic location corresponds to a location of the first user;

detect, at a user interface of the computing device, a network login using one or both of a facial recognition or a fingerprint recognition for authentication, wherein the detected user interface comprises a graphical user interface configured to display one or more integrated or overlayed layers, wherein:

the detected user interface further comprises a touchscreen display, non-touchscreen display, an augmented mixed reality non-screen display, audio interface, or combinations thereof;

the graphical user interface is configured to display the one or more integrated or overlayed layers as one or more graphical layers or a graphical list view; and

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

receive, at the computing device, a virtual transportation forward market platform for trading a plurality of virtual transportation capacity units based on a plurality of virtual hubs from the one or more servers, wherein:

the plurality of virtual hubs are determined based on transportation data of the plurality of users;

the transportation data corresponds to a plurality of virtual transportation modes configured for use by the plurality of users;

the plurality of virtual hubs comprise one or more origin virtual hubs corresponding to at least the geographic origin and one or more destination virtual hubs corresponding to at least the geographic destination; and

receive, at the computing device, the virtual transportation forward market platform comprises:

receive 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 virtual transportation capacity units; and

receive, at the user interface, the market depth data.

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:

transmit, by a computing device of a first user of a plurality of users, first transportation data over one or more wireless or wired communication networks to one or more servers, wherein:

the first transportation data from the first user comprises data corresponding to a geographic origin and a geographic destination for a respective virtual transportation mode of the first user;

the geographic origin for the respective virtual transportation mode comprises a geographic location determined using one or more satellite navigation systems; and

the geographic location corresponds to a location of the first user;

detect, at a user interface of the computing device, a network login using one or both of a facial recognition or a fingerprint recognition for authentication, wherein the detected user interface comprises a graphical user interface configured to display one or more integrated or overlayed layers, wherein:

the detected user interface further comprises a touchscreen display, non-touchscreen display, an augmented mixed reality non-screen display, audio interface, or combinations thereof;

the graphical user interface is configured to display the one or more integrated or overlayed layers as one or more graphical layers or a graphical list view; and

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

receive, at the computing device, a virtual transportation forward market platform for trading a plurality of virtual transportation capacity units based on a plurality of virtual hubs from the one or more servers, wherein:

the plurality of virtual hubs are determined based on transportation data of the plurality of users;

the transportation data corresponds to a plurality of virtual transportation modes configured for use by the plurality of users;

the plurality of virtual hubs comprise one or more origin virtual hubs corresponding to at least the geographic origin and one or more destination virtual hubs corresponding to at least the geographic destination; and

receive, at the computing device, the virtual transportation forward market platform comprises:

receive 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 virtual transportation capacity units; and

receive, at the user interface, the market depth data.

Assignments (3)
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Jun 26, 2025
From: SIMPSX TECHNOLOGIES LLC
To: CIRCLESX LLC
Reel/Frame 071529/0658 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Jun 26, 2025
From: SIMPSON, ERIK; SIMPSON, STUART
To: SIMPSON HOLDINGS, INC.
Reel/Frame 071529/0415 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Jun 26, 2025
From: SIMPSON HOLDINGS, INC.
To: SIMPSX TECHNOLOGIES LLC
Reel/Frame 071529/0473 →
Continuity (3)
Continuation 18106532 · Feb 7, 2023
Continuation 15877393 · Jan 23, 2018
Related Publication 20240193495A1 · Jun 13, 2024
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