Patent ID: 11869082
Assignee: CFPH, LLC
Field: IT methods for management (Electrical engineering)
Classification: CPC G | IPC G

Claim 0:
1. An apparatus comprising:
a memory;
a display device;
a network interface to communicate with at least one remote device; at least one processor to:
receive from a remote device a plurality of longitude and latitude coordinate pairs;
generate in the memory an association between a given longitude and latitude pair and each zip code within a radius of the given longitude and latitude pair; detect selection of a given zip code;
render on the display device a graphical representation of a map and a circle around the given zip code on the map, the circle having a predetermined area;
change a shade level of the circle, the shade level indicating an available binary option based on whether a hurricane will make landfall within the zip code represented by the circle on the map;
render on the display device a plurality of landfall probabilities on the map;
in response to detecting the selection of the circle, receive data indicative of a request to purchase the binary option;
receive from a remote device a landfall location of the hurricane;
identify whether the landfall location corresponds to the given zip code; and
in response to identifying whether the landfall location corresponds to the given zip code, calculate a payout of the binary option such that the payout is at least partially based on a strength of the hurricane.