Blockchain system and method for calculating location of time-crucial shipments according to expectation and smart contracts

Abstract

A client-server system and a blockchain method for calculating whether a time-crucial shipment is located according to an expectation comprising a client device adapted for being adhered to or placed within a time-crucial package shipment; and a remote special purpose computer server comprising a transit plan schedule database based on pickup time and location stored in memory, the remote special purpose computer server being programmed to calculate a location of the client device based on data accessed from a Wi-Fi access point location database, the transmitted identification data, and the transmitted signal strength data, and compare the calculated location to an expected location based on common carrier schedule transit plan pickup time and delivery location received from third party database sources.

1 . A computer implemented blockchain method for transferring, sharing and trading according to a smart contract comprising:
 providing a client device with a wireless telecommunication radio module adapted for being attached to, adhered to or placed within package(s);   providing a remote computer system, wherein the remote computer system is configured for use in connection with a package in-process of being delivered, or being prepared for, staged for, or in-transit of delivery:
 the wireless telecommunication radio module of the client device comprising:
 integrated circuit(s) adapted to electronically pair or transmit data between the client device and one or more of a mobile phone, Wi-Fi network, a mobile carrier(s)' network elements, Bluetooth communications module device(s), and/or a Wi-Fi gateway for multipoint wireless data sharing between the client device and the remote computer system; 
 
   communicating reported client device data from the remote computer system in real time or near real time to one or more users that includes a common carrier and/or other shipping parties in a chain of custody of the package, and/or to data storage of one or more database systems, the reported client device data being received by the remote computer system from the client device and including one or more of: (i) a determined package geographical indoor/outdoor location and/or time, (ii) a temperature measured by a thermometer acting as an internal reporting data sensor device, (iii) a notification or system determined exception to delivery terms of the smart contract and/or its performance expectation(s), and (iv) an exception to business terms of the smart contract, the remote computer system being structured and configured to determine and maintain a record in a blockchain network of the chain of custody for the package as reported to the one or more users and/or to the one or more database systems;   connecting the client device and/or the remote computer system to one or more of (i) an enterprise application and/or system and (ii) other devices, applications and/or computers via the internet and/or other communications network(s) to enable communication by machine notification interface;   further determining by comparing in the remote computer system the reported client device data stored into one or more database system(s) based on a blockchain database system utilizing blockchain technology with ownership and location journey of package chain of custody data shared and managed in an immutable and distributed ledger; and   implementing terms of the smart contract as determined by the reported client device data and/or database stored data shared in a distributed ledger of system(s), with access to business terms of the smart contract, to automatically execute an agreement by the business terms of the smart contract(s) across a blockchain network.   
     
     
         2 . The method of  claim 1  whereby the business terms of the smart contract are further compared to client device reported data stored in a blockchain to execute smart contract terms to include payment(s) based on delivery performance terms and/or exception(s) to location, time(s) and/or reported temperature data recorded in the distributed ledger. 
     
     
         3 . The method of  claim 1  whereby the smart contract is executed automatically by payment(s) according to an agreement between two parties or multiple parties interfacing with a distributed ledger and a blockchain network. 
     
     
         4 . The method of  claim 1  whereby parties in the chain of custody may include: package shipper, recipient, representative or third party comprising: a common carrier, digital currency exchange, financial institution, payment processor, lender, customs brokerage and/or insurance provider, whereby payment(s) under smart contract can be determined and automatically validated or made, and/or adjusted upwards or downwards, by system(s) according to business terms of smart contract managed by a blockchain network. 
     
     
         5 . The method of  claim 1  whereby radio module with integrated circuit(s) sharing data between the client device and remote computer(s) further comprise a corresponding application programming interface (API) component structured to facilitate communication between the data reported by circuits of client device and the remote computer system(s) for transferring, sharing or trading according to a smart contract. 
     
     
         6 . The method of  claim 1  wherein the system(s) further determines location(s) of a package in real time or near real time by comparing in remote computer(s) the shipping parties' progress through planned route and/or operational processes until it reaches final delivery destination by comparing a digital identifier of the radio module within a data structure record which refers or points to another record stored in the distributed ledger of system(s). 
     
     
         7 . The method of  claim 1  wherein exception(s) to smart contract(s) business terms may include: a planned pick up event, customs clearance delay, completed delivery after a promised time(s) or due date, and/or the business terms recorded in transportation management systems, portals and apps that query data stored within blockchain ledger to determine and report the location(s) and data of one or more package(s). 
     
     
         8 . The method of  claim 1  wherein the remote computer(s) system further includes access to a barcode(s) attached to, adhered to or placed within package(s) that identifies data to be read by an optical scanner or reader and decoded by a computer system to open an app from mobile phone, remote communication device(s), and/or connect positioning device to report pickup or package chain of custody delivery information associated with smart contract, by uploading reported information to share and manage into a distributed ledger.