Abstract: The subject of the invention is a digital storage base which measures events related to one or more engineered infrastructures regarding events including but not limited to measuring a pollutant load or hazard, in some embodiments making predictions related to said systems and generating a token, blockchain or form of digital currency as a payout based on the data regarding the mitigation or adaptation of the measured event. The invention also includes a marketplace where parties can enter or leave, buy or sell, a transaction or transactions. The system enables aggregation and/or distribution of risk, performance obligations or investments, and aggregation/distribution and/or syndication of insurers or bankers, crowdsourcing/crowdfunding and/or participation of individuals and small groups within the transaction system. The integration of investment, insurance risk conditionalities and performance guarantees within a single exchangeable system is also envisioned.
Type:
Application
Filed:
April 17, 2024
Publication date:
August 8, 2024
Applicant:
WaterwAIs Inc.
Inventors:
Pusker Regmi, Daniel Medina, Kieran Iyengar, Sudhir Murthy, James Clarke
Abstract: The subject of the invention is an insurance claim and/or financial transaction processing system for parametric risk related claims and/or performance warranty related transactions that can be processed using transparency and in a rapid manner wherein the performance or insurance is transacted using sensors and/or analytics. The invention also includes a marketplace where parties can enter or leave, buy or sell, a transaction or transactions associated with an insurance or financial transaction. The system enables aggregation and/or distribution of risk, performance obligations or investments, and aggregation/distribution and/or syndication of insurers or bankers, crowdsourcing/crowdfunding and/or participation of individuals and small groups within the transaction system. The integration of investment, insurance risk conditionalities and performance guarantees within a single exchangeable system is also envisioned. Transaction re-risking and de-risking and associated payments or payouts is also envisioned.
Type:
Grant
Filed:
June 25, 2020
Date of Patent:
May 21, 2024
Assignee:
WaterwAIs Inc.
Inventors:
Pusker Regmi, Daniel Medina, Kieran Iyengar, Sudhir Murthy, James Clarke
Abstract: A reservoir component is disclosed that provides fiber optic illumination to the water within the reservoir. The reservoirs of water include pools, spas, tubs and the like, and their components include jets, returns, drains and skimmers. An elongated and transparent probe is mounted within the component and extends from the rear of the component toward the front. The probe is open at the rear of the jet and is hollow through most of its length to receive and house an optical fiber. The light emitting from the end of the fiber passes through the end of the probe and out of the component. The probe can protrude from the front of the component and transmit the light directly into the water. Alternatively the probe can transmit short the components front end which is constructed of transparent material to transmit the light from the probe into the water.
Abstract: A hydrotherapy jet system has a segmented outlet that extends from the jet body in response to a water flow through the jet and retracts when the flow stops. Water flows into the jet body, where it is directed into a nozzle that tapers to accelerate the water into a venturi jet that can then be aerated if desired. The water then enters the segmented outlet, which is urged to a retracted position within the jet body by a spring. The pressure from the water causes the outlet to extend from the jet housing against the spring pressure, compressing the spring. When extended, the outlet provides a stream of warm or aerated water to a reservoir such as a spa, pool or bathtub and the outlet can be manipulated to direct the stream. When the flow of water is stopped the spring expands and causes the outlet to retract into the jet body.