TOLL SETTLEMENT SYSTEM AND METHOD
Number of patents in Portfolio can not be more than 2000
United States of America
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Issued Date -
Jan 16, 2020
app pub date -
Jul 10, 2019
filing date -
Jul 10, 2019
priority date (Note) -
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status (Latency Note)
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Abstract
A computer-implemented method, computer program product and computing system for receiving a vehicle identifier concerning a vehicle passing through a tolling area that requires a toll payment; providing the vehicle identifier to one or more local entities to determine whether the vehicle identifier is locally-identifiably by a specific local entity; if the vehicle identifier is locally-identifiably by a specific local entity, locally-effectuating the toll payment concerning the tolling area via the specific local entity; and memorializing the local effectuation of the toll payment concerning the tolling area via the specific local entity using distributed ledger technology.
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