VeChain (VET) Scored a New Patent for a Mobile Automated Inventory Container Bin and System Powered by the VeChainThor Blockchain

A new patent for a mobile automated inventory container bin and system powered by the VeChainThor blockchain has been scored by supply chain management giant

VeChain (VET) has scored a new patent for a mobile automated inventory container bin and system powered by the VeChainThor blockchain.

According to a recent discovery by CryptoSlate, the new patent was filed on July 2, 2024, by the supply chain management giant. The invention relates to a method and system for dynamically monitoring the location of items placed in movable containers or bins.

The invention also provides a system or method to automatically track items from a storage location to a container or bin. In one configuration, a primary container may be provided with a wireless device that could utilize or read RFID and/or NFC with asset tracking and an authentic tag.

When tagged items are placed within or removed from the primary container, the wireless device would automatically read or inventory the items. A secondary container may also include a wireless device and further include an embedded antenna to boost the signal of tagged items placed within or removed from the secondary container.

The invention is designed to be used in a variety of applications, including but not limited to supply chain management, inventory control, and tracking for companies.

In the background section of the invention, VeChain points out the existing gap within the manual process of counting items and inputting the information onto a ledger.

According to the report, this is mostly labor-intensive and results in inaccuracies as items used or removed are usually not indicated. Some systems have been introduced to use barcodes that are not affixed by the items to be scanned by a hand-held scanner.

Unfortunately, this initiative also fails to locate unscanned items removed and placed in different locations.

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