Securitization of transportation units

Abstract

Implementations of various securitization methods and systems of transformed transportation units based on a network, GPS system, mobile computing devices, servers, transportation unit data transformations, forward commodity market servers, grouping instructions for virtual hubs, transparent open access pricing systems, blockchain audit and safety instructions, virtual hub instructions, banking and credit account instructions, priced based GPS map routing algorithms in a simple easy to use graphical user interface format for mobile, audio interface or virtual interface computing over various mediums which are connected via a network to transact and trade transformed transportation capacity units 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.

What is claimed is: 
     
         1 . A computer implemented forward commodity transportation or freight capacity unit securitization method for airline transport, subway transport, train transport, automobile transport, autonomous vehicle transport, taxi transport, space transport, bicycle transport, motorcycle transport, bus transport, virtual transport, package freight transport, tractor trailer freight transport, cargo freight transport, container freight transport, underground transport, ship or sea transport, drone transport at a mobile or fixed computing device with a touch screen display or audio computer interface or computing device without a touchscreen or augmented mixed reality non-screen display comprising:
 (a) inputting or receiving a from address and to address into a map routing server from user(s);   (b) generating a plurality of routes between the from address and to address with transportation directions on a given date and time and specification from step (a);   (c) generating instructions to locate virtual transportation hubs along the routes;   (d) receiving instructions from user to modify or keep suggested virtual transportation hubs from step (c);   (e) generating instructions for a computing device to apply one or more optimization techniques from the multi-hub request to pool users through a global positioning system network on a network of transportation hubs considering a variance of parameters to create a virtual hub contract pair or multi-hub combination which serves as a forward commodity transportation capacity unit security auction pricing point(s);   (f) generating instructions to process user identity data against a plurality of international crime databases to pass security checks for the transportation unit security auction;   (g) generating instructions for a computing device to determine the transportation commodity contract security specification for hub to hub delivery and receiving instructions from the user to input a bid or offer for a single unit of transportation capacity such as a seat unit or cargo space capacity unit on one or more forms of transportation between the hubs for a given specification;   (h) generating instructions for a computing device to use a graphical user interface or audio interface to display the user(s) input of bids and offers of various users between two or more transportation hubs such that the users may buy or sell transportation capacity unit securities as a forward commodity auction on a disclosed route(s);   (i) generating instructions for a computing device to match users for transportation capacity unit securities when the highest price of the bid queue is equal to the lowest price of the selling queue for a given hub contract combination;   (j) generating instructions for a computing device to perform delivery routing instructions to the matched user(s) to perform delivery of the transportation unit security under the transformed fungible transportation unit contract security specification;   (k) generating instructions to process banking, user account credit and general credit instructions for the transportation unit security contract;   (l) generating instructions to route transportation unit securities based on price and communicate alternative price based routing combinations;   (m) generating instructions to confirm the transportation unit security specification has been securitized to incorporate the data transformation of the following steps:
 (i) transportation unit security secures the cost of cover legal concept defined as:
 1. after a breach within the preceding transportation unit delivery section, the buyer of the transportation unit security may “cover” by making in good faith and without unreasonable delay any reasonable purchase of or contract to purchase another transportation unit in substitution for those due from the seller; 
 2. the buyer of the transportation unit may recover from the seller as damages the difference between the cost of cover and the contract price together with any incidental or consequential damages as hereinafter defined, but less expenses saved in consequence of the seller's breach; 
 3. failure of the buyer to effect cover within this method does not bar him from any other remedy; 
 4. incidental damages resulting from the seller's breach include expenses reasonably incurred in inspection, receipt, transportation and care and custody of transportation units rightfully rejected, any commercially reasonable charges, expenses or commissions in connection with effecting cover and any other reasonable expense incident to the delay or other breach; 
 5. consequential damages resulting from the seller's breach include:
 a. any loss resulting from general or particular requirements and needs of which the seller at the time of contracting had reason to know and which could not reasonably be prevented by cover or otherwise; and 
 b. injury to person or property proximately resulting from any breach of warranty; 
 
 (ii) both buyer and seller of the transportation unit security have agreed to exchange a securitized transportation unit asset at a defined date, time and location with a specified quality; 
 (iii) the delivery date and time of the transportation unit may be anywhere from one minute ahead to many years into the future; 
 (iv) the specification quality of the transportation unit may have quality attributes as determined by a third party that have been determined as fungible or substitutable by the method for the transportation unit security specification; 
 (v) the transportation security unit may or may not be cleared by a clearinghouse or centralized credit facility to guarantee credit performance; 
 (vi) the transportation security unit incorporates the concept of force majeure as determined by a third party that relieves or suspends the buyer and seller of the transportation security unit from performance from liability or obligation when an extraordinary event occurred such as an act of war, strike, riot, crim or an even that is an act of God such as hurricane, flood, earthquake, volcanic eruption, lightening, tornado, etc. . . . ); 
 
   (n) generating instructions for a computing device to interface networks, global positioning system networks, mobile computing devices, servers, forward commodity transportation market servers, grouping software for virtual hubs, map routing servers, transparent open access pricing servers, blockchain audit and safety servers, virtual hub servers, software algorithms for no arbitrage and constraint condition servers and a graphical user interface for the purpose of participating, transacting and/or trading on a forward commodity transportation capacity unit security auction.   
     
     
         2 . The computer implemented method of  claim 1 , further comprising calculating said forward commodity transportation capacity unit security auction user type of mode of transportation specification including airline transport, subway transport, train transport, automobile transport, autonomous vehicle transport, taxi transport, space transport, bicycle transport, motorcycle transport, bus transport, virtual transport, package freight transport, tractor trailer freight transport, cargo freight transport, container freight transport, underground transport, ship, multimode or sea transport or drone transport. 
     
     
         3 . The computer implemented method of  claim 1 , further comprising limiting user member(s) to passing a criminal background safety check using facial, fingerprint and photo scans before they are approved to transact on the said forward commodity transportation capacity unit security auction. 
     
     
         4 . The computer implemented method of  claim 1 , further comprising calculating said forward commodity transportation capacity unit security auction user distance from a virtual hub using networks, global positioning system networks, mobile computing devices, servers, forward commodity market auction servers, grouping software for hubs, transparent open access pricing systems, blockchain audit and safety servers, virtual hub servers, software algorithms for no arbitrage and constraint condition servers and a graphical user interface for the purpose of transacting on a forward commodity transportation capacity unit security auction. 
     
     
         5 . The computer implemented method of  claim 1 , further comprising group limiting features for participating, transacting and/or trading to users between virtual hubs of the said forward commodity transportation capacity unit security auction. 
     
     
         6 . The computer implemented method of  claim 1 , further comprising storing on servers and/or virtual hub servers frequent or preferred routes of users on said forward commodity transportation capacity unit security auction such as:
 home to work;   work to home;   home to school;   school to home;   work to gym;   home to gym;   gym to home;   home to grocery;   home to downtown;   work to downtown;   home to (user);   freight hub to destination;   other frequent;   new routes added by user.   
     
     
         7 . The computer implemented method of  claim 1 , further comprising receiving from said users of said forward commodity transportation capacity security unit auction specifications for contracts including:
 timings by hour, minute and second units of time;   specification grade level including premium, intermediate, basic, others;   term to include start date, end date and frequency during term dates;   order time in force including day, good till cancelled, immediate or cancel, good till date, good till cancelled;   order type including limit, market, market if touched, snap market, snap mid, snap primary, peg to benchmark, adaptive custom;   mode including automobile, air, autonomous vehicle, bike, boat, bus, drone, limo, motorcycle, moped, shuttle, space, subway, taxi, train, fastest optimized, cheapest route, packages, cargo, tractor trailer, freight, virtual;   virtual hub pick-up address and virtual hub drop-off address;   virtual transportation hubs along a plurality of route alternatives between two transportation points;   no arbitrage settings and constraints such as cheapest route, single mode, multi mode, fastest route, most scenic, highest rating, most available, highest volume, most frequent, service level, security and safety.   
     
     
         8 . The computer implemented method of  claim 1 , further comprising said forward commodity transportation capacity unit security auction includes menu options:
 origin (from)/destination (to);   market;   timings and specifications;   term and specifications;   order time and type;   modes;   virtual hubs;   no arb settings;   orders and confirmations;   pool message;   my routes;   package and cargo Scans;   checkin for security;   tax and accounting.   
     
     
         9 . The computer implemented method of  claim 1 , further comprising a graphical user interface for said forward commodity transportation capacity unit security auction which displays a real time market trading view including:
 two or more virtual transportation hubs with user locations relative to virtual transportation hubs;   last trade and/or transaction value;   real time bids and offers for transportation capacity unit securities with one or more rows for market depth of price and quantity;   updating real time user location data on said forward commodity transportation capacity unit security auction GUI;   911 function for recording voice and data for emergencies and transmitting data to authorities and system servers through a wireless network or satellite;   market transportation mode;   virtual hub to virtual hub market;   graphic or audio visualization of virtual market hubs with map tiling and GPS capability;   priced based routing;   graphic or audio visualization of transportation capacity unit security auction with map tiling and GPS capability;   transportation capacity unit security market specification summary.   
     
     
         10 . The computer implemented method of  claim 1 , further comprising calculating said forward commodity transportation capacity unit security auction includes auto debit, virtual currency, digital currency, cash and credit features from user bank accounts or other payment accounts for the purpose of completing forward commodity transportation capacity unit security auction payments. 
     
     
         11 . A system for a forward commodity transportation or freight capacity unit securitization method for airline transport, subway transport, train transport, automobile transport, autonomous vehicle transport, taxi transport, space transport, bicycle transport, motorcycle transport, bus transport, virtual transport, package freight transport, tractor trailer freight transport, cargo freight transport, container freight transport, underground transport, ship or sea transport, drone transport at a mobile or fixed computing device with a touch screen display or audio computer interface or computing device without a touchscreen or augmented mixed reality non-screen display, comprising:
 Networks; and   global positioning system networks; and   mobile computing devices; and   servers; and   forward commodity transportation market servers; and   user grouping software for virtual hubs; and   transparent open access pricing servers; and   blockchain audit and safety servers; and   virtual hub servers; and   banking account servers; and   navigation routing servers; and   game strategy servers; and   software algorithm instructions for no arbitrage and constraint condition servers; and   a graphical or audio user interface for the purpose of participating, transacting and/or trading on a game strategy forward commodity transportation capacity unit security auction;   a memory comprising program or programs with instructions executable by the processor or processors, the one or more programs including:
 (a) instructions for inputting or receiving a from address and to address into a map routing server from user(s); 
 (b) instructions for generating a plurality of routes between the from address and to address with transportation directions on a given date and time and specification from step (a); 
 (c) instructions for generating instructions to locate virtual transportation hubs along the routes; 
 (d) instructions for receiving instructions from user to modify or keep suggested virtual transportation hubs from step (c); 
 (e) Instructions for generating instructions for a computing device to apply one or more optimization techniques from the multi-hub request to pool users through a global positioning system network on a network of transportation hubs considering a variance of parameters to create a virtual hub contract pair or multi-hub combination which serves as a forward commodity transportation capacity unit security auction pricing point(s); 
 (f) instructions for generating instructions to process user identity data against a plurality of international crime databases to pass security checks for the transportation unit security auction; 
 (g) instructions for generating instructions for a computing device to determine the transportation commodity contract security specification for hub to hub delivery and receiving instructions from the user to input a bid or offer for a single unit of transportation capacity such as a seat unit or cargo space capacity unit on one or more forms of transportation between the hubs for a given specification; 
 (h) instructions for generating instructions for a computing device to use a graphical user interface or audio interface to display the user(s) input of bids and offers of various users between two or more transportation hubs such that the users may buy or sell transportation capacity unit securities as a forward commodity auction on a disclosed route(s); 
 (i) instructions for generating instructions for a computing device to match users for transportation capacity unit securities when the highest price of the bid queue is equal to the lowest price of the selling queue for a given hub contract combination; 
 (j) instructions for generating instructions for a computing device to perform delivery routing instructions to the matched user(s) to perform delivery of the transportation unit security under the transformed fungible transportation unit contract security specification; 
 (k) instructions for generating instructions to route transportation unit securities based on price and communicate alternative price based routing combinations; 
 (l) instructions for generating instructions to route transportation unit securities based on price and communicate alternative price based routing combinations; 
 (m) instructions for generating instructions to confirm the transportation unit security specification has been securitized to incorporate the data transformation of the following steps:
 (i) transportation unit security secures the cost of cover legal concept defined as:
 1. after a breach within the preceding transportation unit delivery section, the buyer of the transportation unit security may “cover” by making in good faith and without unreasonable delay any reasonable purchase of or contract to purchase another transportation unit in substitution for those due from the seller; 
 2. the buyer of the transportation unit may recover from the seller as damages the difference between the cost of cover and the contract price together with any incidental or consequential damages as hereinafter defined, but less expenses saved in consequence of the seller's breach; 
 3. failure of the buyer to effect cover within this method does not bar him from any other remedy; 
 4. incidental damages resulting from the seller's breach include expenses reasonably incurred in inspection, receipt, transportation and care and custody of transportation units rightfully rejected, any commercially reasonable charges, expenses or commissions in connection with effecting cover and any other reasonable expense incident to the delay or other breach; 
 5. consequential damages resulting from the seller's breach include: 
  a. any loss resulting from general or particular requirements and needs of which the seller at the time of contracting had reason to know and which could not reasonably be prevented by cover or otherwise; and 
  b. injury to person or property proximately resulting from any breach of warranty; 
 
 (ii) both buyer and seller of the transportation unit security have agreed to exchange a securitized transportation unit asset at a defined date, time and location with a specified quality; 
 (iii) the delivery date and time of the transportation unit may be anywhere from one minute ahead to many years into the future; 
 (iv) the specification quality of the transportation unit may have quality attributes as determined by a third party that have been determined as fungible or substitutable by the method for the transportation unit security specification; 
 (v) the transportation security unit may or may not be cleared by a clearinghouse or centralized credit facility to guarantee credit performance; 
 (vi) the transportation security unit incorporates the concept of force majeure as determined by a third party that relieves or suspends the buyer and seller of the transportation security unit from performance from liability or obligation when an extraordinary event occurred such as an act of war, strike, riot, crim or an even that is an act of God such as hurricane, flood, earthquake, volcanic eruption, lightening, tornado, etc. . . . ); 
 
 (n) instructions for generating instructions for a computing device to interface networks, global positioning system networks, mobile computing devices, servers, forward commodity transportation market servers, grouping software for virtual hubs, map routing servers, transparent open access pricing servers, blockchain audit and safety servers, virtual hub servers, software algorithms for no arbitrage and constraint condition servers and a graphical user interface for the purpose of participating, transacting and/or trading on a forward commodity transportation capacity unit security auction. 
   
     
     
         12 . The computer system of  claim 11 , wherein said forward commodity transportation capacity unit security auction calculating said forward commodity transportation capacity unit security auction user type of mode of transportation specification including airline transport, subway transport, train transport, automobile transport, autonomous vehicle transport, taxi transport, space transport, bicycle transport, motorcycle transport, bus transport, virtual transport, package freight transport, tractor trailer freight transport, cargo freight transport, container freight transport, underground transport, ship, multimode or sea transport or drone transport. 
     
     
         13 . The computer system of  claim 11 , wherein said forward commodity transportation capacity unit security auction limits user member(s) to passing a criminal background safety check using facial, fingerprint and photo scans before they are approved to transact on the said forward commodity transportation capacity unit security auction. on the said forward commodity transportation capacity unit auction. 
     
     
         14 . The computer system of  claim 11 , wherein said forward commodity transportation capacity unit security auction calculating said forward commodity transportation capacity unit security auction user distance from a virtual hub using networks, global positioning system networks, mobile computing devices, servers, forward commodity market auction servers, grouping software for hubs, transparent open access pricing systems, blockchain audit and safety servers, virtual hub servers, software algorithms for no arbitrage and constraint condition servers and a graphical user interface for the purpose of transacting on a forward commodity transportation capacity unit security auction. 
     
     
         15 . The computer system of  claim 11 , wherein said forward commodity transportation capacity unit security auction group limits features for participating, transacting and/or trading to users between virtual hubs of the said forward commodity transportation capacity unit security auction. 
     
     
         16 . The computer system of  claim 11 , wherein said forward commodity transportation capacity unit security auction stores on servers and/or virtual hub servers frequent or preferred routes of users on said forward commodity transportation capacity unit security auction such as:
 home to work;   work to home;   home to school;   school to home;   work to gym;   home to gym;   gym to home;   home to grocery;   home to downtown;   work to downtown;   home to (user);   freight hub to destination;   other frequent;   new routes added by user.   
     
     
         17 . The computer system of  claim 11 , wherein said forward commodity transportation capacity unit security auction receives from said users of said forward commodity transportation capacity unit security auction specifications for contracts including:
 timings by hour, minute and second units of time;   specification grade level including premium, intermediate, basic, others;   term to include start date, end date and frequency during term dates;   order time in force including day, good till cancelled, immediate or cancel, good till date, good till cancelled;   order type including limit, market, market if touched, snap market, snap mid, snap primary, peg to benchmark, adaptive custom;   mode including automobile, air, autonomous vehicle, bike, boat, bus, drone, limo, motorcycle, moped, shuttle, space, subway, taxi, train, fastest optimized, cheapest route, packages, cargo, tractor trailer, virtual;   virtual hub pick-up address and virtual hub drop-off address;   virtual transportation hubs along a plurality of route alternatives between two transportation points;   no arbitrage settings and constraints such as cheapest route, single mode, multi mode, fastest route, most scenic, highest rating, most available, highest volume, most frequent, service level, security and safety.   
     
     
         18 . The computer system of  claim 11 , wherein said forward commodity transportation capacity security unit auction includes menu options:
 origin (from)/destination (to);   market;   timings and specifications;   term and specifications;   order time and type;   modes;   virtual Hubs;   no Arb settings;   orders and Confirmations;   pool message;   my routes;   package and cargo scans;   check in for security;   tax and accounting.   
     
     
         19 . The computer system of  claim 11 , wherein a graphical user interface for said forward commodity transportation capacity unit security auction which displays a real time market trading view including:
 two or more virtual transportation hubs with user locations relative to virtual transportation hubs;   last trade and/or transaction value;   real time bids and offers for transportation capacity unit securities with one or more rows for market depth of price and quantity;   updating real time user location data on said forward commodity transportation capacity unit security auction GUI;   911 function for recording voice and data for emergencies and transmitting data to authorities and system servers through a wireless network or satellite;   market transportation mode;   virtual hub to virtual hub market;   graphic or audio visualization of virtual market hubs with map tiling and GPS capability;   priced based routing;   graphic or audio visualization of transportation capacity unit security auction with map tiling and GPS capability;   transportation capacity unit security market specification summary.   
     
     
         20 . The computer system of  claim 11 , wherein said forward commodity transportation capacity unit auction calculating said forward commodity transportation capacity unit security auction includes auto debit, virtual currency, digital currency, cash and credit features from user bank accounts or other payment accounts for the purpose of completing forward commodity transportation capacity unit security auction payments.