The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Mar. 11, 2025
Filed:
Aug. 17, 2022
Geotoll, Inc., Plantation, FL (US);
Jaime Andres Borras, Miramar, FL (US);
Wyatt Drake Geist, Davie, FL (US);
GEOTOLL INC., Plantation, FL (US);
Abstract
A road usage charge system uses a proprietary blockchain to conduct transactions for road usage fees. While driving, a mobile device or equivalent tracks the vehicle location, speed, time of day, day of week, and any other parameter that may be used to modify a base road use fee are tracked and applied to conditional modifiers of the smart contract to create a new transaction block. As a result, the tedious reconciliation process normally associated with vehicular payments can be avoided.
Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile