Interface for landing position options
A computerized system for trading binary options on storm landfall forecasts addresses the inefficiency in matching sellers and buyers by processing geographic data to facilitate rapid settlement of contracts, effectively managing weather-related risks.
JP7880468B2Active Publication Date: 2026-06-25CFPH LLC
Patent Information
- Application Number
- JP2025097520
- Authority / Receiving Office
- JP · JP
- Patent Type
- Patents
- Current Assignee / Owner
- Priority Date
- 2016-07-01
- Filing Date
- 2025-06-11
- Publication Date
- 2026-06-25
- Estimated Expiration
- 2037-06-26
Smart Images
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Abstract
To provide a weather forecast-based apparatus, a method, and a non-transitory medium for providing an interface that predicts a landing position.SOLUTION: This method includes: receiving a plurality of longitude / latitude coordinate pairs from a remote device; causing a display device to display, on a graphical user interface, data representing a binary option based on whether a storm will make landfall within a predetermined radius; causing the display device to show, on a map, a plurality of landfall probabilities; receiving a request to purchase the binary option; and determining whether a landfall position corresponds to a U.S. postal ZIP code associated with a given longitude / latitude pair in a memory.SELECTED DRAWING: Figure 2
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Citation Information
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