Nick DiCosola

Title: Innovations by Nick DiCosola in Motor Fuel Transactions

Introduction

Nick DiCosola is an accomplished inventor based in Batavia, IL (US), known for his contributions to the field of automated motor fuel transactions. With a total of two patents to his name, DiCosola has developed innovative systems that enhance the purchasing experience for consumers and merchants alike.

Latest Patents

DiCosola's latest patents focus on a computerized system for transacting the purchase and sale of consumer motor fuels. This system allows for transactions to be executed through software on mobile or desktop devices for future periods. The technology employs multi-party, multi-layered contingent transactions and pricing algorithms to ensure that all related transactions are executed simultaneously upon a retail consumer's purchase. The motor fuels covered by this innovation include refined products such as gasoline and diesel fuel, renewable fuels like ethanol and biodiesel, natural gas, jet fuel, and electricity.

Career Highlights

Nick DiCosola is currently associated with Gasmart, LLC, where he continues to develop and refine his innovative solutions in the motor fuel industry. His work has significantly impacted how consumers interact with fuel merchants, making the purchasing process more efficient and user-friendly.

Collaborations

DiCosola has collaborated with notable professionals in his field, including Joseph H LeBlanc, Jr. and Sagy Pundak Mintz. These collaborations have contributed to the advancement of his projects and the successful implementation of his patented technologies.

Conclusion

Nick DiCosola's innovative work in automated motor fuel transactions showcases his commitment to improving consumer experiences in the fuel market. His patents represent significant advancements in the industry, paving the way for future developments.