IP Library Granted Patent US 12,597,046
Granted Patent B2
US 12,597,046 · App. 18/376,632 · Granted Apr 7, 2026

Systems and methods for utilizing geolocation exchange units

Inventor: Erik Mowery Simpson (Houston, TX)
Assignee: CIRCLESX LLC
G06Q30/0205A63F13/216G06Q30/0206H04W4/021
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Quick Facts
Patent No.
US 12,597,046
App. No.
18/376,632
Filed
Oct 4, 2023
Granted
Apr 7, 2026
Kind
B2
Art Unit
3628
USPC
705/7.34
Abstract

Implementations of a computer implemented method and system to transform geolocation exchange unit specifications and transportation and freight and parking and tolling and curb management and transportation management association unit securities or derivative unit securities or unitization structure capacity units with two waypoints or a destination waypoint or a series sequence of waypoints into multi-modal objects which are tradable as commodities such as wheat, oil, corn, stocks, foreign exchange, fixed income or other forward or securitized markets and broadcast those unitized prices, indices and associated news over a plurality of electronic devices. The present disclosed invention relates to combining the concepts of objected oriented programming and navigation systems and social networking, price-time priorities queues, replacement costs, termination valuations, financial markets, commodity structuring transformation or unitization structures as a fungible asset classes or tradable markets.

Claims (54)

1 . A method, comprising:

determining, by a computing device of a first user of a plurality of users, origin location data and destination location data associated with the first user, wherein:

the origin location data corresponds to a geographic origin and the destination location data corresponds to a geographic destination; and

the geographic origin comprises a geographic location of the first user determined using one or more satellite navigation systems;

transmitting, by the computing device, one or more updates of the origin location data and the destination location data over one or more wireless or wired communication networks to one or more servers;

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

wherein 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;

transmitting, by the computing device via the user interface, first transaction input data from the first user to the one or more servers over the one or more wireless or wired communication networks, wherein the first transaction input data comprises data indicating a first bid price or a first offer price from the first user for a respective geolocation exchange unit of a plurality of geolocation exchange units trading on the one or more servers, and wherein each of the plurality of geolocation exchange units is configured for substitutability with at least one other geolocation exchange unit of the plurality of geolocation exchange units;

receiving, at the computing device from the one or more servers, second transaction input data from a second user of the plurality of users, wherein the second transaction input data comprises data indicating an acceptance by the second user of the first bid price or the first offer price; and

receiving, at the computing device from the one or more servers, a forward commodity contract between the first user and the second user based on the first and second transaction input data.

2 . The method of claim 1 , wherein the one or more servers are configured to generate a geolocation exchange for trading the plurality of geolocation exchange units, and wherein the geolocation exchange is configured to allow for one or more trades of the plurality of geolocation exchange units by the plurality of users.

3 . The method of claim 2 , further comprising:

receiving, at the computing device from the one or more servers, market depth data corresponding to the geolocation exchange, and wherein:

the market depth data comprises data indicating one or more bid prices and one or more offer prices from the plurality of users for the plurality of geolocation exchange units; and

the data indicating the one or more bid prices and the one or more offer prices comprises data indicating the first bid price or the first offer price from the first user for the respective geolocation exchange unit.

4 . The method of claim 3 , wherein the data indicating the one or more bid prices and the one or more offer prices further comprises data indicating at least a second bid price or a second offer price provided by the second user for the respective geolocation exchange unit.

5 . The method of claim 2 , further comprising:

receiving, at the computing device from the one or more servers, market depth data provided using the geolocation exchange.

6 . The method of claim 1 , wherein the plurality of geolocation exchange units is generated based on one or more virtual hubs.

7 . The method of claim 6 , wherein the one or more virtual hubs correspond to geographic location data, wherein the geographic location data comprises the origin location data and the destination location data.

8 . The method of claim 7 , further comprising:

transmitting, by the computing device via the user interface, constraint data from the first user to the one or more servers over the one or more wireless or wired communication networks, wherein the constraint data indicates a selection by the first user of one or more conditions for traveling between a first virtual hub and a second virtual hub of the one or more virtual hubs.

9 . The method of claim 8 , wherein the one or more conditions comprise cheapest route, single mode of transportation, multiple modes of transportation, fastest route, most scenic route, highest rated route, most available route, highest volume of participants for route, most frequent route, service level for route, emissions reduction, highest safety and security level for route, or combinations thereof.

10 . The method of claim 7 , further comprising:

receiving, by the computing device of the first user, market depth data from the one or more servers based on constraint data, wherein the constraint data corresponds to one or more selections of one or more conditions by the second user or another user of the plurality of users.

11 . The method of claim 10 , wherein the one or more conditions comprise cheapest route, single mode of transportation, multiple modes of transportation, fastest route, most scenic route, highest rated route, most available route, highest volume of participants for route, most frequent route, service level for route, emissions reduction, highest safety and security level for route, or combinations thereof.

12 . The method of claim 1 , wherein the forward commodity contract comprises one or more conditional attributes to provide for the substitutability between the respective geolocation exchange unit and a second geolocation exchange unit of the plurality of geolocation exchange units.

13 . The method of claim 1 , further comprising:

receiving, at the computing device from the one or more servers, an audited blockchain of the respective geolocation exchange unit.

14 . A method, comprising:

determining, by a computing device of a first user of a plurality of users, origin location data and destination location data associated with the first user, wherein:

the origin location data corresponds to a geographic origin and the destination location data corresponds to a geographic destination; and

the geographic origin comprises a geographic location of the first user determined using one or more satellite navigation systems;

transmitting, from the computing device, updates of the origin location data and the destination location data to one or more servers over one or more wireless or wired communication networks; detecting, at a user interface of the computing device, a network login using at least one of: facial recognition or fingerprint recognition for authentication, wherein the user interface comprises a graphical user interface configured to display one or more integrated or overlayed layers, and wherein 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;

receiving, at the computing device from the one or more servers, market depth data corresponding to a geolocation exchange generated by the one or more servers for a plurality of geolocation exchange units, wherein each of the plurality of geolocation exchange units is configured for substitutability with at least one other geolocation exchange unit of the plurality of geolocation exchange units, and wherein:

the market depth data comprises data indicating one or more bid prices and one or more offer prices from the plurality of users for the plurality of geolocation exchange units, wherein the market depth data further comprises data corresponding to:

a bid queue for the one or more bid prices, wherein the one or more 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 one or more offer prices, wherein the one or more 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 computing device from the one or more servers, an audited blockchain of a respective geolocation exchange unit of the plurality of geolocation exchange units.

15 . The method of claim 14 , wherein the geolocation exchange is configured to allow for one or more trades of the plurality of geolocation exchange units by the plurality of users.

16 . The method of claim 14 , wherein the plurality of geolocation exchange units is generated based on one or more virtual hubs.

17 . The method of claim 16 , wherein the one or more virtual hubs correspond to geographic location data, wherein the geographic location data comprises the origin location data and the destination location data.

18 . The method of claim 17 , further comprising:

transmitting, by the computing device via the user interface, constraint data from the first user to the one or more servers over the one or more wireless or wired communication networks, wherein the constraint data indicates a selection by the first user of one or more conditions for traveling between a first virtual hub and a second virtual hub of the one or more virtual hubs.

19 . The method of claim 18 , wherein the one or more conditions comprise cheapest route, single mode of transportation, multiple modes of transportation, fastest route, most scenic route, highest rated route, most available route, highest volume of participants for route, most frequent route, service level for route, emissions reduction, highest safety and security level for route, or combinations thereof.

20 . A method comprising:

determining, by a computing device of a first user of a plurality of users, origin location data and destination location data associated with the first user, wherein:

the origin location data corresponds to a geographic origin and the destination location data corresponds to a geographic destination; and

the geographic origin comprises a geographic location of the first user determined using one or more satellite navigation systems;

transmitting, from the computing device, updates of the origin location data and the destination location data to one or more servers over one or more wireless or wired communication networks; detecting, at a user interface of the computing device, a network login using at least one of: facial recognition or fingerprint recognition for authentication, wherein the user interface comprises a graphical user interface configured to display one or more integrated or overlayed layers, and wherein 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;

receiving, at the computing device from the one or more servers, market depth data corresponding to a geolocation exchange generated by the one or more servers for a plurality of geolocation exchange units, wherein the market depth data comprises data indicating one or more real-time bid prices and one or more real-time offer prices from the plurality of users for the plurality of geolocation exchange units, wherein each of the plurality of geolocation exchange units is configured for substitutability with at least one other geolocation exchange unit of the plurality of geolocation exchange units, and wherein the geolocation exchange is used to:

receive the data indicating the one or more real-time bid prices and the one or more real-time offer prices from at least a subset of the plurality of users; and

disseminate the received data indicating the one or more real-time bid prices and the one or more real-time offer prices; and

receiving, at the computing device from the one or more servers, an audited blockchain of a respective geolocation exchange unit of the plurality of geolocation exchange units.

Assignments (2)
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Nov 10, 2025
From: SIMPSX TECHNOLOGIES LLC
To: CIRCLESX LLC
Reel/Frame 072843/0930 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Nov 10, 2025
From: SIMPSON, ERIK MOWERY
To: SIMPSX TECHNOLOGIES LLC
Reel/Frame 072843/0893 →
Continuity (21)
Continuation 17178174 · Feb 17, 2021
Continuation 17976738 · Oct 28, 2022
Continuation 16556838 · Aug 30, 2019
Continuation In Part 17567686 · Jan 3, 2022
Continuation 16274490 · Feb 13, 2019
Continuation In Part 17541080 · Dec 2, 2021
Continuation 16257032 · Jan 24, 2019
Continuation In Part 18108631 · Feb 12, 2023
Continuation 16167525 · Oct 22, 2018
Continuation In Part 18106532 · Feb 7, 2023
Continuation 15877393 · Jan 23, 2018
Continuation In Part 17493432 · Oct 4, 2021
Continuation In Part 17555050 · Dec 17, 2021
Continuation 16242981 · Jan 8, 2019
Continuation In Part 16242967 · Jan 8, 2019
Continuation In Part 16239485 · Jan 3, 2019
Continuation In Part 16183647 · Nov 7, 2018
Continuation 15266326 · Sep 15, 2016
Continuation In Part 16258658 · Jan 27, 2019
Provisional Application 62977559 · Feb 17, 2020
Related Publication 20240029092A1 · Jan 25, 2024
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