IP Library Granted Patent US 10,706,461
Granted Patent B2
US 10,706,461 · App. 15/531,351 · Granted Jul 7, 2020

System and method for traffic decongestion

Inventors: Samir Varma (Cos Cob, CT); Daniel Sarfati (Raanana, IL)
Assignee: GREENLIGHTSTRADING LLC
G06Q30/08G06Q10/025G06Q20/145G08G1/096708
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Quick Facts
Patent No.
US 10,706,461
App. No.
15/531,351
Granted
Jul 7, 2020
Kind
B2
Abstract

A system and method for traffic decongestion which allows users to bid for faster passage and faster journeys. The system and method allows autonomous, semi-autonomous or user-driven cars to bid for faster passage for their journeys. Users willing to use slower journeys may be compensated for their contribution in reducing traffic congestion. In addition to reduction of traffic congestion, the system and method can normalize road usage, minimize road wear, give municipalities a new revenue stream, and save users time currently wasted by traffic.

Claims (30)

1. A system for advanced travel, comprising:

a communication device for providing a bid for a desired ticket for a travel route, wherein the ticket comprises a right to travel on the travel route for a limited time, and wherein the travel route comprises a specified set and sequence of one or more route components selected from the following group of route components: roadways, intersections, traffic lights, bridges, ferries, turnpikes, and tunnels; and wherein the bid comprises a user input, a travel route fee, and at least one of a vehicle information, and automatic bid; and,

a control unit for receiving the bid and rendering a decision based on the bid, wherein the decision is based upon an auction among the bid and competing bids and at least one of: approval for the ticket for the desired travel route, compensation for bidding an alternate ticket to a less congested route, and decongestion of the desired travel route; and wherein the travel route fee paid by the auction's winning bidder is apportioned among the owners/administrators of the route components of the travel route.

2. The system of claim 1 , further comprising:

at least one sensor that provides traffic-related intelligence, wherein the control unit includes the traffic-related intelligence in making the decision whether to award the desired travel route.

3. The system of claim 2 , wherein the at least one sensor is from the group of ground-based, roadway-based and satellite-based sensors.

4. The system of claim 1 , wherein the communication device is from the group of computer, mobile phone, vehicle reporter, tablet computer, a dedicated computer, a smart watch, other wearable computer and kiosk.

5. A method for travel along a desired route, comprising the steps of:

selecting a ticket for a desired travel route and corresponding time;

bidding on the ticket for the desired travel route and corresponding time;

receiving a decision on whether the ticket for the desired travel route and corresponding time was awarded; and

buying a right to the ticket to the desired travel route and corresponding time.

6. The method of claim 5 , further comprising the step of offering to resell the ticket to the desired travel route; and wherein the ticket to the desired route and time is selected from the group comprising: an entire journey and a portion of the journey; and

wherein the ticket further comprises the right to prioritized travel relative to other travelers, and wherein the right to prioritize can be applied to the entire journey, or only a portion of the journey.

7. A method for advanced travel, comprising the steps of:

entering a destination on a communication device;

receiving location information and destination information from the communication device;

verifying the location and destination information and vehicle information;

identifying at least a route based on the location and destination information, wherein the at least a route is selected from the group including a fastest route, a congested route, and a less congested route;

placing a bid by the user for one of the at least route, wherein bid value for the fastest route and the congested route is higher than bid value for the less congested route; and

allocating either of the fastest route or the congested route to the user based on the bid, vehicle information, and traffic-related intelligence, or awarding a compensation to the user for bidding the less congested route,

wherein the traffic-related intelligence further comprises enabling superplayers to be deemed to outbid, with or without payment, as desired by the relevant authorities, any other non-superplayer bidder and thereby be granted the fastest driving times to their destination, wherein the superplayers are selected from the group comprising emergency vehicles or law enforcement vehicles in emergency travel.

8. A system for advanced travel, comprising:

a communication device for providing a bid for a desired ticket for a travel route, wherein the ticket comprises a right to travel on the travel route for a limited time, and wherein the travel route comprises a specified set and sequence of one or more route components selected from the following group of route components: roadways, intersections, traffic lights, bridges, ferries, turnpikes, and tunnels;

wherein the bid comprises a user input, a travel route fee, and at least one of a vehicle information, and automatic bid; and

a control unit for receiving the bid and rendering a decision based on the bid, wherein the decision is based upon an auction among the bid and competing bids and at least one of:

approval for the ticket for the desired travel route, compensation for bidding an alternate ticket to a less congested route, and decongestion of the desired travel route; and

wherein bidders may bid on individual routes or aggregated packages of routes, and may bid manually, or may instruct a bidding computing device to bid for them, subject to whatever constraints the bidders specify;

wherein bidder's bids may be controlled by their own computing device, and wherein said computing device is configured to be capable of constant or occasional contact with the bid-receiving computer to receive updates and send back their own updated bids and asks; and

wherein the bidders can specify the constraints to the bid-receiving computer, wherein the constraints include one or more of: what their bid conditions were, what their bid request was, and instructing the bid-receiving computer to bid if they were route buyers, or offer if they were route sellers, on their behalf.

Assignments (2)
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded May 26, 2020
From: VARMA, SAMIR; SARFATI, DANIEL
To: ISPD, INC.
Reel/Frame 052747/0730 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded May 26, 2020
From: ISPD, INC.
To: GREENLIGHTSTRADING LLC
Reel/Frame 052747/0819 →
Continuity (2)
Provisional Application 62084885 · Nov 26, 2014
Related Publication 20170358025A1 · Dec 14, 2017