Patent №
US 9,507,984
Granted
2016-11-29
Filed 2016
Owner
BANK OF AMERICA CORPORATION
Lab
—
AI components
2
kr · planning
Assignment
Recorded
Dataset
AIPD
2023_r1 edition
Application
15082229
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.
AI classification
Ownership
BANK OF AMERICA CORPORATION
assignment · 381120251
Assignors
KURIAN, MANU JACOB, PURUSHOTHAMAN, SASIDHAR
On an employer assignment, the assignors are typically the inventors.