Transportation and freight capacity units
AssigneeCirclesx LLC
InventorErik Mowery Simpson
Life of this patent
Estimating the term…
Abstract
Implementations of a computer implemented method and system to transform transportation and freight 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. 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 and transportation and freight as a fungible asset class or tradable market.
Claims20
A method, implemented on a computing system with one or more processors and memory, comprising:
- tracking, by the computing system, origin location data and destination location data in real-time from respective satellite navigation systems of at least a subset of a plurality of users;
- receiving, by the computing system, real-time updates for the origin location data and the destination location data from at least a first user of the plurality of users, wherein the origin location data corresponds to a real-time geographic origin and the destination location data corresponds to a real-time geographic destination;
- determining, by the computing system, a plurality of virtual hubs along one or more routes, wherein the plurality of virtual hubs comprises a first virtual hub based on the real-time updates for the origin location data and a second virtual hub based on the real-time updates for the destination location data, and wherein the plurality of virtual hubs is dynamically updated based on the real-time updates for the origin location data and the destination location data;
- detecting, at respective user interfaces of the plurality of users, user network logins of the respective user interfaces using one or more of facial recognition, fingerprint recognition, and photo-scan security for authentication;
- generating, by the computing system, one or more transportation capacity units corresponding to one or more seats traveling from the first virtual hub to the second virtual hub, wherein the one or more transportation capacity units are generated by identifying an availability of the one or more seats associated with the one or more routes between at least the first and second virtual hubs;
- generating, by the computing system, a transportation capacity exchange that manages market depth data for a transportation capacity market, wherein the transportation capacity market comprises transactions between the plurality of users for the one or more transportation capacity units, and wherein the market depth data comprises price data indicating dynamically updated one or more bid prices and one or more offer prices from the plurality of users for the one or more transportation capacity units;
- transmitting, by the computing system, the market depth data for the transportation capacity exchange for the one or more transportation capacity units to a user interface of the first user, wherein the market depth data is displayed on the user interface of the first user in ranked queues;
- generating, by the computing system, one or more graphical layers for the respective user interfaces, wherein the one or more graphical layers correspond to a network node topology for the transportation capacity exchange, and wherein the network node topology is updated dynamically to display route information, user demand, and hub availability;
- and
- receiving, by the computing system, transaction input data based on the market depth data, wherein the transaction input data is received using at least one of the one or more graphical layers from the user interface of the first user, wherein the transaction input data comprises data corresponding to acceptance of a respective bid price or a respective offer price provided by a user interface of a second user of the plurality of users for a respective transportation capacity unit, wherein:
- the respective user interfaces comprise one of:
- touchscreen displays, augmented non-screen displays, or audio interfaces of the plurality of users, wherein the one or more graphical layers are overlayed onto respective navigational map interfaces being displayed on respective user devices of at least the subset of the plurality of users, and wherein the respective navigational map interfaces comprise overlays for suggested routes and hub connectivity.
A method, implemented on a computing system with one or more processors and memory, comprising:
- tracking, by the computing system, origin location data and destination location data in real-time from respective satellite navigation systems of at least a subset of a plurality of users;
- receiving, by the computing system, real-time updates for the origin location data and the destination location data from at least a first user of the plurality of users, wherein the origin location data corresponds to a real-time geographic origin and the destination location data corresponds to a real-time geographic destination;
- determining, by the computing system, a plurality of virtual hubs along one or more routes, wherein the plurality of virtual hubs comprises a first virtual hub based on the real-time updates for the origin location data and a second virtual hub based on the real-time updates for the destination location data, and wherein the plurality of virtual hubs is dynamically updated based on the real-time updates for the origin location data and the destination location data;
- detecting, at respective user interfaces of the plurality of users, user network logins of the respective user interfaces using one or more of facial recognition, fingerprint recognition, and photo-scan security for authentication;
- generating, by the computing system, one or more freight capacity units corresponding to one or more spaces traveling from the first virtual hub to the second virtual hub, wherein the one or more freight capacity units are generated by identifying an availability of the one or more spaces associated with the one or more routes between at least the first and second virtual hubs;
- generating, by the computing system, a freight capacity exchange that manages market depth data for a freight capacity market, wherein the freight capacity market comprises transactions between the plurality of users for the one or more freight capacity units, and wherein the market depth data comprises price data indicating dynamically updated one or more bid prices and one or more offer prices from the plurality of users for the one or more freight capacity units;
- transmitting, by the computing system, the market depth data for the freight capacity exchange for the one or more freight capacity units to a user interface of the first user, and wherein the market depth data is displayed in ranked queues;
- generating, by the computing system, one or more graphical layers for the respective user interfaces, wherein the one or more graphical layers correspond to a network node topology for the freight capacity exchange, and wherein the network node topology is updated dynamically to display route information, user demand, and hub availability;
- and
- receiving, by the computing system, transaction input data based on the market depth data, wherein the transaction input data is received using at least one of the one or more graphical layers from the user interface of the first user, wherein the transaction input data comprises data corresponding to acceptance of a respective bid price or a respective offer price provided by a user interface of a second user of the plurality of users for a respective freight capacity unit, wherein:
- the respective user interfaces comprise one of:
- touchscreen displays, augmented non-screen displays, or audio interfaces of the plurality of users, wherein the one or more graphical layers are overlayed onto respective navigational map interfaces being displayed on respective user devices of at least the subset of the plurality of users, and wherein the respective navigational map interfaces comprise overlays for suggested routes and hub connectivity.
A computing system, comprising:
- one or more processors;
- and
- one or more memory comprising program instructions executable by the one or more processors to:
- track origin location data and destination location data in real-time from respective satellite navigation systems of at least a subset of a plurality of users;
- receive real-time updates for the origin location data and the destination location data from at least a first user of the plurality of users, wherein the origin location data corresponds to a real-time geographic origin and the destination location data corresponds to a real-time geographic destination;
- determine a plurality of virtual hubs along one or more routes, wherein the plurality of virtual hubs comprises a first virtual hub based on the real-time updates for the origin location data and a second virtual hub based on the real-time updates for the destination location data, and wherein the plurality of virtual hubs are dynamically updated based on the real-time updates for the origin location data and the destination location data;
- detect, at respective user interfaces of the plurality of users, user network logins of the respective user interfaces using one or more of facial recognition, fingerprint recognition, and photo-scan security for authentication;
- generate one or more transportation capacity units corresponding to one or more seats traveling from the first virtual hub to the second virtual hub, wherein the one or more transportation capacity units are generated by identifying an availability of the one or more seats associated with the one or more routes between at least the first and second virtual hubs;
- generate a transportation capacity exchange that manages market depth data for a transportation capacity market, wherein the transportation capacity market comprises transactions between the plurality of users for the one or more transportation capacity units, and wherein the market depth data comprises price data indicating dynamically updated one or more bid prices and one or more offer prices from the plurality of users for the one or more transportation capacity units;
- transmit the market depth data for the transportation capacity exchange for the one or more transportation capacity units to a user interface of the first user, wherein the market depth data is displayed in a ranked queue;
- generate one or more graphical layers for the respective user interfaces, wherein the one or more graphical layers correspond to a network node topology for the transportation capacity exchange, and wherein the network node topology is updated dynamically to display route information, user demand, and hub availability;
- receive transaction input data based on the market depth data, wherein the transaction input data is received using at least one of the one or more graphical layers from the user interface of the first user, wherein the transaction input data comprises data corresponding to acceptance of a respective bid price or a respective offer price provided by a user interface of a second user of the plurality of users for a respective transportation capacity unit, wherein:
- the respective user interfaces comprise one of:
- touchscreen displays, augmented non-screen displays, or audio interfaces of the plurality of users, wherein the one or more graphical layers are overlayed onto respective navigational map interfaces being displayed on respective user devices of at least the subset of the plurality of users, and wherein the navigational map interfaces comprise overlays for suggested routes and hub connectivity;
- and
- generate a forward commodity transportation capacity unit, the forward commodity transportation capacity unit comprising a digital representation of a forward commodity contract between the first user and the second user for the respective transportation capacity unit based at least on the received transaction input data, wherein generate the forward commodity transportation capacity unit comprises:
- detect the respective transportation capacity unit;
- and
- apply one or more transportation capacity unit transformations to the respective transportation capacity unit to generate the forward commodity transportation capacity unit.
Dependencies are inferred from the claim text.