MUMBAI, India, July 24 -- Intellectual Property India has published a patent application (202611058782 A) filed by Ajay Kumar Garg Engineering College on May 08, 2026, for Ai-Based System And Working Method For Peer-To-Peer Two-Wheeler Rental And Demand Prediction.
Inventors include Aditya Singh; Anubhav Maandey; Akshay Kumar Gupta; Jatin Kumar; and Dr. Rupa Rani.
The application for the patent was published on July 17, 2026, under issue no. 29/2026.
Abstract: The present invention discloses an AI-based system for peer-to-peer two-wheeler rental and demand prediction (100), comprising a user device (102), a server system (104), a database (106), an artificial intelligence engine (108), a payment gateway (110), a communication network (112), an authentication module (114), a vehicle management module (116), and a demand prediction module (118). The system (100) enables secure user authentication, real-time vehicle listing and availability tracking, and seamless digital transactions. The artificial intelligence engine (108) processes historical and real-time data to predict demand and dynamically adjust rental parameters, thereby optimizing vehicle utilization and pricing. The integrated operation of hardware and software components reduces latency, enhances prediction accuracy, and improves system efficiency. The invention provides a scalable and technically advanced solution for decentralized vehicle sharing with significant industrial applicability in smart transportation systems. Accompanied Drawings [Fig. 1-4]
Disclaimer: Curated by HT Syndication.
