US 11,810,023 B2
System and method for a transportation or freight capacity exchange for one or more transportation or freight capacity units
Erik M Simpson, Houston, TX (US)
Assigned to CIRCLESX LLC, Houston, TX (US)
Filed by CirclesX LLC, Houston, TX (US)
Filed on Oct. 22, 2018, as Appl. No. 16/167,525.
Prior Publication US 2020/0125999 A1, Apr. 23, 2020
Int. Cl. G06Q 10/02 (2012.01); G06Q 50/30 (2012.01); G06Q 30/08 (2012.01); G06Q 30/0601 (2023.01); G06V 40/12 (2022.01); G06Q 50/26 (2012.01); G06V 40/16 (2022.01)
CPC G06Q 10/02 (2013.01) [G06Q 30/0641 (2013.01); G06Q 30/08 (2013.01); G06Q 50/265 (2013.01); G06Q 50/30 (2013.01); G06V 40/1365 (2022.01); G06V 40/16 (2022.01)] 20 Claims
OG exemplary drawing
 
1. A method, comprising:
receiving origin location data and destination location data from a first user, wherein the origin location data corresponds to a geographic origin and the destination location data corresponds to a geographic destination;
generating one or more routes based on the origin location data and the destination location data;
determining a plurality of virtual hubs along the one or more routes, wherein the plurality of virtual hubs comprises a first virtual hub based on the origin location data and a second virtual hub based on the destination location data;
determining a transportation capacity exchange for a plurality of transportation capacity units based on at least the first virtual hub and the second virtual hub, wherein:
the plurality of transportation capacity units correspond to a plurality of seats in a plurality of transportation vehicles traveling from the first virtual hub to the second virtual hub, and wherein each of the plurality of transportation capacity units is configured for substitutability between at least one other of the plurality of transportation capacity units;
the transportation capacity exchange comprises market depth data, the market depth data comprising data indicating at least a bid price or offer price provided by a second user for a respective transportation capacity unit; and
the plurality of transportation vehicles comprise an automobile, an aircraft, an autonomous vehicle, a motorcycle, a bicycle, a boat, a bus, a subway, a taxicab, a train, a virtual transport, a space transport, or combinations thereof;
transmitting the market depth data for the transportation capacity exchange to the first user based on the one or more routes; and
receiving transaction input data from the first user, wherein the transaction input data comprises data indicating an acceptance by the first user of the bid price or offer price provided by the second user.