US Patent Issued to CFPH on March 18 for "Interface for landfall location options" (Massachusetts Inventor)

ALEXANDRIA, Va., March 19 -- United States Patent no. 12,254,514, issued on March 18, was assigned to CFPH LLC (New York).

"Interface for landfall location options" was invented by Rich Jaycobs (Burlington, Mass.).

According to the abstract* released by the U.S. Patent & Trademark Office: "An apparatus, method, and non-transitory medium for betting on weather predictions are disclosed herein. A plurality of longitude and latitude coordinate pairs may be received from a remote device. The display device may render data representing a binary option based on whether a storm will make landfall within the certain radius. A request to purchase the binary option may be received. It may be determined whether the landfall location corresponds to a...