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1 issued patent owned by IoT and M2M Technologies, LLC

The invention described in the patent includes a plurality of radio identification devices (e.g smartphones) associated with users and objects (e.g. cars), where the radio identification devices communicate with a server. The server identifies, monitors, and tracks the devices. After user authentication, data from the server displays information for user location, object location, anticipated object location, and travel services. Application for rider pickup services are specifically described within the disclosure. Importance of the invention is supported by more than 150 forward citations.

Ride sharing is driven by the adoption of smart phones and the use of intelligent apps for both drivers and users. The global market is estimated to grow from USD 61.3 billion in 2018 to USD 218 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 20% during the forecast period.

Offer Amount Sought
Sale $165,000
Exclusive license Contact owner
Non-exclusive license price $75,000
Priority date
Dec 19, 2001
Expiration date
Feb 3, 2029
Forward references
Users access radio devices to track objects (e.g. cars) that also have radio devices. The radio devices securely connect with a plurality of servers in order to monitor location and predict object movements and arrival times. The specification specifically describes the use for rider pickup services and also transportation services generally.
Country Status Patent or Application Number
United States Issued Patent 7,802,724
Issued Patents
Pending Applications only
Ride sharing apps use the technology claimed in the patent. Claim charts are available.
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