Virtual Transportation Capacity Swap Payment System

ChangeBridge: Patent Grants - Business Methods (G06Q)

Published March 31st, 2026

Detected April 1st, 2026

Summary

USPTO granted Patent US12591926B2 to CIRCLESX LLC covering methods and systems for determining financial swap payment structures for virtual transportation capacity units. The patent encompasses algorithms for no-arbitrage conditions in trading transportation seats across multiple modes including airline, train, automobile, autonomous vehicle, and freight transport.

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What changed

USPTO granted Patent US12591926B2 to CIRCLESX LLC on March 31, 2026, covering methods and systems for determining financial swap payment structures for virtual transportation capacity units. The patent includes algorithms for no-arbitrage conditions, blockchain audit methods, GPS systems, and mobile computing devices for transacting and trading transportation seats or capacity units across multiple transportation modes including airline, subway, train, automobile, autonomous vehicle, taxi, space, freight, drone, and public transport. The patent application (18400563) was filed December 29, 2023, and contains 20 claims.

This patent grant is an informational notice establishing intellectual property rights and does not create regulatory obligations or compliance requirements for third parties. Technology companies, financial services firms, and transportation companies developing similar swap payment systems for capacity trading should consider potential patent overlap when designing commercial implementations. No immediate action is required by regulated entities.

Source document (simplified)

← USPTO Patent Grants

Method and system for determining financial swap payment structure for one or more virtual transportation capacity units

Grant US12591926B2 Kind: B2 Mar 31, 2026

Assignee

CIRCLESX LLC

Inventors

Erik M. Simpson

Abstract

Implementations of various methods and systems of a network, GPS system, mobile computing devices, servers, forward commodity market servers, 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 and resulting financial swap payment structures in airline transport, subway transport, train transport, automobile transport, autonomous vehicle transport, taxi transport, space transport, package freight transport, tractor trailer freight transport, cargo freight transport, container freight transport, virtual transport, underground transport, ship or sea transport, public transport, private transport or drone transport on a computer, mobile computer device, audio computer device, virtual reality computer device or mixed reality computing device.

CPC Classifications

G06Q 30/08 G06Q 30/0641 G06Q 50/265

Filing Date

2023-12-29

Application No.

18400563

Claims

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Named provisions

Method and system for determining financial swap payment structure for one or more virtual transportation capacity units Abstract Claims CPC Classifications