TransactionsIP LLC is pleased to present the exclusive patent portfolio for sale “ELECTRONIC IDENTIFICATION AND MANAGEMENT” which includes U.S. Patent US 9412086 B2 and application US 20170147971 A1, assigned to Bradd A. Morse and Melissa K. Dobson. The IP relates to electronic identification and management of goods and/or services.
The technology disclosed provides the following advantages:
- Technology provides a system with capability to integrate with existing household appliances for allowing automated grocery list compilations and several other functions.
- Technology provides a facility to get notification if any product gets below a specified set point by virtue of its mass, volume, quality or expiry date.
- The system is capable to collect and store nutritional content, temperature, humidity, etc. of the product to ensure full secured storage in storage system.
- Technology provides an adaptive system for automatic purchase and tracking of goods required in a store.
The technology of electronic identification and management of good and/or services finds a strong application in the field of Retail Inventory, Perishable Goods, Electronic & IT assets, healthcare, manufacturing, etc. The application of smart labels like EAS, RFID, ESL, NFC tags seems to be supporting electronic identification systems in market. The smart label market is forecasted to reach US$ 15.7 billion by the end of 2025.