Invention Grant
- Patent Title: Systems and methods for administering an extraction rights market in a groundwater basin
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Application No.: US15224462Application Date: 2016-07-29
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Publication No.: US10579951B2Publication Date: 2020-03-03
- Inventor: Thomas Henry Rooney
- Applicant: Waterfind USA, Inc.
- Applicant Address: AU Adelaide
- Assignee: IPQ PTY LTD
- Current Assignee: IPQ PTY LTD
- Current Assignee Address: AU Adelaide
- Agent Kang S. Lim
- Main IPC: G06Q40/04
- IPC: G06Q40/04 ; G06Q10/06 ; G06Q50/06 ; E21B41/00 ; G01V11/00 ; G06Q50/02 ; G06Q10/10 ; G06Q30/00 ; G06Q50/16 ; G06Q40/00 ; G06Q20/14

Abstract:
A water agency management platform provides an exchange for administering groundwater extraction rights in one or more trading-zones. The platform matches offers to trade utilization of groundwater extraction rights (GWRs), and intermediates transfers of the matched GWRs based one or more transfer rules.
Public/Granted literature
- US20170270607A1 Systems and Methods for Administering an Extraction Rights Market in a Groundwater Basin Public/Granted day:2017-09-21
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