# US 11,907,870 B2 · Market exchange for transportation capacity in transportation vehicles > Agents: this data is available as JSON from the patentgrep API and MCP server — see https://patentgrep.com/llms.txt - Number: US 11,907,870 B2 - Document ID: US11907870B2 - Status: Granted - Kind: B2 - Application number: 18/106,532 - Filed: 2023-02-07 - Published: 2023-06-15 - Granted: 2024-02-20 - Earliest claimed: 2018-01-23 - Assignees: Circlesx LLC - Applicants: Circlesx LLC - Inventors: Erik M. Simpson; Stuart Simpson - Web page: https://patentgrep.com/patent/US11907870B2 ## CPC - G06Q 10/025: {Coordination of plural reservations, e.g. plural trip segments, transportation combined with accommodation} - G01C 21/343: {Calculating itineraries (travelling salesman problem G06Q10/04; optimisation of routes G06Q10/047)} - G01S 19/42: Determining position - G06F 3/0482: Interaction with lists of selectable items, e.g. menus - G06F 3/0488: using a touch-screen or digitiser, e.g. input of commands through traced gestures - G06Q 10/109: Time management, e.g. calendars, reminders, meetings or time accounting - G06Q 30/08: Auctions - G06Q 40/04: Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange - G06Q 50/40: Business processes related to the transportation industry (shipping G06Q10/083) - G06F 3/04842: Selection of displayed objects or displayed text elements (G06F3/0482 takes precedence) - G06Q: INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR - G01C: MEASURING DISTANCES, LEVELS OR BEARINGS; SURVEYING; NAVIGATION; GYROSCOPIC INSTRUMENTS; PHOTOGRAMMETRY OR VIDEOGRAMMETRY (measuring liquid level G01F; radio navigation, determining distance or velocity by use of propagation effects, e.g. Doppler effects, propagation time, of radio waves, analogous arrangements using other waves G01S) - G01S: RADIO DIRECTION-FINDING; RADIO NAVIGATION; DETERMINING DISTANCE OR VELOCITY BY USE OF RADIO WAVES; LOCATING OR PRESENCE-DETECTING BY USE OF THE REFLECTION OR RERADIATION OF RADIO WAVES; ANALOGOUS ARRANGEMENTS USING OTHER WAVES - G06F: ELECTRIC DIGITAL DATA PROCESSING (computer systems based on specific computational models G06N) ## 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 ### Claim 1 A method, performed by one or more computing devices, comprising: receiving transportation data from at least a subset of a plurality of users, wherein the transportation data corresponds to a plurality of virtual transportation modes configured for use by the plurality of users, and wherein the transportation data from a respective user comprises data corresponding to a geographic origin and a geographic destination for a respective virtual transportation mode of the respective user, wherein the geographic origin for the respective virtual transportation mode comprises a geographic location determined using one or more satellite navigation systems, and wherein the geographic origin corresponds to a location of the respective user; determining a plurality of virtual hubs based on the transportation data, wherein the plurality of virtual hubs comprises 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; generating a plurality of virtual transportation capacity units for at least the subset of the plurality of users based on the transportation data, wherein a respective virtual transportation capacity unit for the respective user represents a fungible forward contract for the respective virtual transportation mode, wherein the respective virtual transportation mode is configured for use between the plurality of virtual hubs; detecting, at respective user interfaces of the plurality of users, user network logins using facial recognition or fingerprint recognition for authentication; and providing a virtual transportation forward market platform to the plurality of users for trading the plurality of virtual transportation capacity units, comprising: 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 transmitting, to the detected user interfaces, the market depth data to the plurality of users based on the plurality of virtual hubs, wherein: the detected user interfaces comprise touchscreen displays or augmented non-screen displays of the plurality of users; and the detected user interfaces comprise graphical user interfaces configured to display one or more integrated or overlayed layers as one or more graphical layers or a graphical list view, 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 a respective user of the plurality of users. ### Claim 2 (depends on 1) The method of claim 1, wherein: the plurality of virtual transportation modes comprises one or more virtual seats corresponding to one or more computing 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. ### Claim 3 (depends on 1) The method of claim 1, wherein the transportation data from the respective user further comprises: data corresponding to a virtual transportation capacity for the respective virtual transportation mode of the respective user; data corresponding to a virtual transportation availability for the respective virtual transportation mode of the respective user; or combinations thereof. ### Claim 4 (depends on 3) The method of claim 3, wherein the virtual transportation availability for the respective virtual transportation mode comprises a date when the respective virtual transportation mode is available for use, a time when the respective virtual transportation mode is available for use. ### Claim 5 (depends on 1) The method of claim 1, 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. ### Claim 6 (depends on 1) The method of claim 1, wherein transmitting the market depth data comprises: receiving term specification data from a first user of the plurality of users, wherein the term specification data indicates one or more selections by the first user for the availability of the plurality of virtual transportation modes, wherein the one or more selections comprise a start date, an end date, a usage frequency, or combinations thereof; and transmitting the market depth data to the first user based on the term specification data. ### Claim 7 (depends on 1) The method of claim 1, wherein transmitting the market depth data comprises: receiving constraint data from a first user of the plurality of users, wherein the constraint data indicates a selection by the first user of one or more conditions for the plurality of virtual transportation modes, wherein 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, highest safety and security level for transmission, or combinations thereof; and transmitting the market depth data to the first user based on the constraint data. ### Claim 8 (depends on 1) The method of claim 1, wherein transmitting the market depth data comprises: receiving blockchain data corresponding to the plurality of users; and transmitting the market depth data to the plurality of users based on the blockchain data. ### Claim 9 (depends on 1) The method of claim 1, further comprising: receiving 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. ### Claim 10 (depends on 1) The method of claim 1, 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 virtual transportation capacity unit of the plurality of virtual transportation capacity units. ### Claim 11 (depends on 10) The method of claim 10, wherein the transaction input data further comprises time in force data, wherein 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. ### Claim 12 (depends on 10) The method of claim 10, 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. ### Claim 13 (depends on 12) The method of claim 12, 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. ### Claim 14 (depends on 1) The method of claim 1, wherein transmitting the market depth data to the plurality of users comprises: determining a bid queue for the plurality of bid prices, comprising ranking the plurality of bid prices in the bid queue from highest price to lowest price, wherein respective bid prices of the same value are ranked by time in the bid queue; determining an offer queue for the plurality of offer prices, comprising ranking the plurality of offer prices in the offer queue from lowest price to highest price, wherein respective offer prices of the same value are ranked by time in the offer queue; and transmitting the market depth data to the plurality of users based on the bid queue, the offer queue, or combinations thereof. ### Claim 15 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 transportation data from at least a subset of a plurality of users, wherein the transportation data corresponds to a plurality of virtual transportation modes configured for use by the plurality of users, and wherein the transportation data from a respective user comprises data corresponding to a geographic origin and a geographic destination for a respective virtual transportation mode of the respective user, wherein the geographic origin for the respective virtual transportation mode comprises a geographic location determined using one or more satellite navigation systems, and wherein the geographic origin corresponds to a location of the respective user; determine a plurality of virtual hubs based on the transportation data, wherein the plurality of virtual hubs comprises 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; generate a plurality of virtual transportation capacity units for at least the subset of the plurality of users based on the transportation data, wherein a respective virtual transportation capacity unit for the respective user represents a fungible forward contract for the respective virtual transportation mode, wherein the respective virtual transportation mode is configured for use between the plurality of virtual hubs; and provide a virtual transportation forward market platform to the plurality of users for trading the plurality of virtual transportation capacity units, comprising: 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 transmit the market depth data to the plurality of users based on the plurality of virtual hubs, wherein: the detected user interfaces comprise touchscreen displays or augmented non-screen displays of the plurality of users; and the detected user interfaces comprise graphical user interfaces configured to display one or more integrated or overlayed layers as one or more graphical layers or a graphical list view, 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 a respective user of the plurality of users. ### Claim 16 (depends on 15) The computing system of claim 15, wherein the plurality of virtual transportation modes comprises one or more virtual seats corresponding to one or more computing 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. ### Claim 17 (depends on 15) The computing system of claim 15, wherein the transportation data from the respective user further comprises: data corresponding to a virtual transportation capacity for the respective virtual transportation mode of the respective user; data corresponding to a virtual transportation availability for the respective virtual transportation mode of the respective user; or combinations thereof. ### Claim 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 transportation data from at least a subset of a plurality of users, wherein the transportation data corresponds to a plurality of virtual transportation modes configured for use by the plurality of users, and wherein the transportation data from a respective user comprises data corresponding to a geographic origin and a geographic destination for a respective virtual transportation mode of the respective user, wherein the geographic origin for the respective virtual transportation mode comprises a geographic location determined using one or more satellite navigation systems, and wherein the geographic origin corresponds to a location of the respective user; determine a plurality of virtual hubs based on the transportation data, wherein the plurality of virtual hubs comprises 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; generate a plurality of virtual transportation capacity units for at least the subset of the plurality of users based on the transportation data, wherein a respective virtual transportation capacity unit for the respective user represents a fungible forward contract for the respective virtual transportation mode, wherein the respective virtual transportation mode is configured for use between the plurality of virtual hubs; and provide a virtual transportation forward market platform to the plurality of users for trading the plurality of virtual transportation capacity units, comprising: 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 transmit the market depth data to the plurality of users based on the plurality of virtual hubs, wherein: the detected user interfaces comprise touchscreen displays or augmented non-screen displays of the plurality of users; and the detected user interfaces comprise graphical user interfaces configured to display one or more integrated or overlayed layers as one or more graphical layers or a graphical list view, 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 a respective user of the plurality of users. ### Claim 19 (depends on 18) The non-transitory computer-readable medium of claim 18, 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.