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Location based augmented reality system for exchange of items based on location sensing methods and devices related thereto

  • US 9,626,070 B2
  • Filed: 10/01/2012
  • Issued: 04/18/2017
  • Est. Priority Date: 09/30/2011
  • Status: Active Grant
First Claim
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1. A system for electronically transferring at least one value item from a first user to a second user via an augmented reality system, comprising:

  • a first, provider user computing device configured to identify a specific physical location and associate a triggering icon representing a value item with the specific physical location; and

    ,the second, recipient user mobile computing device, wherein the second, recipient user mobile computing device is configured to;

    receive an indication of the existence of the value item and/or the specific physical location;

    detect via a sensor on the second, recipient user mobile computing device that the second, recipient user mobile computing device is in a designated range of the specific physical location;

    responsive to the detection, display the triggering icon on the second, recipient user mobile computing device using augmented reality such that a display of a portion of a real world location is augmented with a display of the triggering icon;

    wherein the system is configured such that upon receiving notification that the triggering icon has been triggered by the second, recipient user mobile computing device, the second recipient user receives the value item.

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