Resource tag generation and deployment for resource valuation and distribution

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United States of America Patent

PATENT NO 9507984
SERIAL NO

15082229

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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Embodiments of the invention are directed to a system, method, or computer program product for generating resource tag systems and integration of the tag systems on machines for machine use, valuation, and distribution. The tags comprise sensors for monitoring activity of the machine or product and identifies stagnant periods in the use of the machine or product. Based on a triggering stagnant duration, the tag system provides signals to the user indicating product inactivity. The tag may generate a communicable link with outside sources to identify and present the user with a current market value of the machine or product that the tag is affixed. Upon authorization, the tag may post the machine or product for sale and/or present the product for donation. Furthermore, upon sale of the product, the tag may be able to transfer warranty information along with the product.

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Patent Owner(s)

  • BANK OF AMERICA CORPORATION

International Classification(s)

Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Kurian, Manu Jacob Dallas, US 187 1996
Purushothaman, Sasidhar Hyderabad, IN 90 492

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