LIVESTOCK TRADING PLATFORM

• US 20190050926A1
• Filed: 02/08/2018
• Published: 02/14/2019
• Est. Priority Date: 02/16/2017
• Status: Abandoned Application

• Current Assignee: The Fusion Foundry LLC
• Original Assignee: The Fusion Foundry LLC
• Inventors: COOPER, ERIK B.
• Application Number:
  US15/892,408
• Publication Number:
  US 20190050926A1
• Time in Patent Office: Days
• CPC Class Codes: A01K 29/005 Monitoring or measuring activity, e.g. detecting heat or mating
• CPC Class Codes: G06Q 10/083 Shipping
• CPC Class Codes: G06Q 20/027 involving a payment switch or gateway
• CPC Class Codes: G06Q 20/12 specially adapted for electronic shopping systems
• CPC Class Codes: G06Q 20/40145 Biometric identity checks
• CPC Class Codes: G06Q 30/0623 Item investigation
• CPC Class Codes: G06V 40/10 Human or animal bodies, e.g. vehicle occupants or pedestrians; Body parts, e.g. hands
• CPC Class Codes: G06V 40/70 Multimodal biometrics, e.g. combining information from different biometric modalities
• CPC Class Codes: H04W 4/021 Services related to particular areas, e.g. point of interest [POI] services, venue services or geofences
• CPC Class Codes: H04W 4/35 for the management of goods or merchandise

Abstract

The Livestock Trading Platform invention is a novel confluence of software and hardware to improve how livestock are managed and marketed. The collection of animal biometric data inclusive of facial recognition and weight estimates along with a distributed ledger payment gateway and a geo-fencing system to control animal grazing locations and movements will allow livestock producers to supply livestock consumers, individual, animal-level traceability data which, taken in aggregate, will allow a livestock producers to supply a livestock consumers with whole herd data.

Claims

1. A non-transitory computer readable medium comprising a set of instructions that in operation cause a computer processor to:

assign biometric data and facial recognition data to individual animals within a herd;

receive an indication to purchase one or more of the individual animals within the herd;

use a payment gateway of a livestock trading platform to clear payments to purchase the one or more individual animals within the herd;

use the livestock trading platform to automatically arrange transportation of the one or more of the individual animals within the herd to a purchaser.

2. The computer readable medium of claim 1, comprising instructions that in operation cause the computer processor to:

control movement and grazing locations of the herd using a geo-fencing system.

3. The computer readable memory of claim 2, wherein controlling movement of the herd comprises instructing, using the geo-fencing system, the one or more of the individual animals within the herd that have been purchased to move to a staging area.

4. The computer readable memory of claim 1, wherein the facial recognition data comprises a distance between eyes of the individual animals, a position of a nose of the individual animals in relation to the eyes, an angle of a mouth of the individual animals in relation to an eye plane associated with the eyes of the individual animals, or any combination thereof.

5. The computer readable memory of claim 1, wherein the biometric data comprises:

measurements of the individual animals comprising a body length of the individual animals, a shoulder height of the individual animals, a heart girth of the individual animals, a rump length of the individual animals, a skull length of the individual animals, or any combination thereof; and

an estimated weight of the individual animals based at least in part on the measurements of the individual animals.

6. The computer readable memory of claim 5, wherein the measurements are obtained from an image of the individual animals captured by a camera.

7. A system and method as shown and described herein.