IP Library › Granted Patent US 11,176,609
Granted Patent B2
US 11,176,609 · App. 16/497,722 · Granted Nov 16, 2021

Smart device and tracking system

Inventors: Chee Kean Lim (Singapore, SG); Kia Boon Chew (Singapore, SG); Yihang Huang (Singapore, SG); Heng Wee Chin (Singapore, SG); Hian Leong Ong (Singapore, SG); Eng Guan Ng (Singapore, SG)
Assignees: Ascent Solutions Pte Ltd; 1Citadel Pte. Ltd.
G06Q40/04H04W4/029
View Patent ↗
Loading inventors, assignments & file history…
Monitor This Case
Get email alerts when status or documents change.
Order Certified Copies
Most orders are placed with the USPTO same day — all within 24 business hours.
Order via The Patent Place →
Pre-filled with this patent's details
Quick Facts
Patent No.
US 11,176,609
App. No.
16/497,722
Granted
Nov 16, 2021
Kind
B2
Abstract

A smart device comprising: a blockchain application module to blockchain data obtained by the smart device, the smart device configured to transmit blockchained data to a blockchain data system. A smart tracking system comprising the smart device and a blockchain data system comprising a number of blockchain nodes each configured to receive and store a copy of the blockchained data transmitted from the smart device.

Claims (21)

1. A trade financing platform comprising:

at least one sensor in communication with a smart device to provide data to the smart device;

a physical lock to releasably secure the smart device to goods involved in a transaction handled using the trade financing platform, wherein the physical lock is in electronic communication with the smart device and configured to detect and record at least one of a physical locked/unlocked state or a tamper status of the smart device;

the smart device attached to the goods and comprising at least one of a microcontroller chip or a separate microprocessor chip and comprising at least one of a memory chip or a memory of the microcontroller chip, the smart device configured to:

automatically determine location and security of the goods,

receive the data from the at least one sensor,

receive the physical locked/unlocked state or the tamper status of the smart device from the physical lock,

store the location and security of the goods, the data from the at least one sensor, and

the physical locked/unlocked state or the tamper status of the smart device in at least one of the memory chip or the memory of the microcontroller chip,

wherein the smart device further comprises a blockchain application module provided in the microcontroller chip of the smart device, the memory chip of the smart device, or the separate microprocessor chip in the smart device that when executed by the microcontroller chip or the separate microprocessor chip:

automatically blockchains the data from the at least one sensor, the location and security of the goods, and the physical locked/unlocked state or the tamper status into a blockchain without human intervention, and

transmits via a network the blockchain comprising the blockchained data to a blockchain data system; and

the blockchain data system comprising a number of blockchain nodes each configured to receive via the network the blockchained data transmitted from the smart device, verify each piece of data in the blockchained data received from the smart device, and store a copy of the blockchained data received from the smart device,

wherein transmission of the blockchained data from the smart device to the blockchain data system provides security and detection of whether any data purporting to come from the smart device has been falsified or tampered,

wherein at least one party having proper permissions or authorizations uses a client machine to access and view data in the blockchain data system including one or more of a status of the goods, a last known location of the goods, or a movement history of the goods as previously registered by the blockchain data system, and

wherein secured arrival of the goods at predetermined waypoints is confirmed by the smart device by automatically blockchaining and transmitting to the blockchain system.

2. The trade financing platform of claim 1 , wherein the smart device is configured to be attached to an item containing the goods, and wherein the item comprises a cargo container, an intermediate bulk container, a carton, or a package.

3. The trade financing platform of claim 1 , wherein the at least one sensor comprises a temperature sensor and a humidity sensor, wherein the smart device is configured to receive temperature data and humidity data from the temperature sensor and the humidity sensor, and wherein the data obtained by the smart device and automatically blockchained by the blockchain application module into the blockchain comprises the temperature data and the humidity data.

4. The trade financing platform of claim 1 , wherein the smart device is configured to transmit blockchained data to the blockchain data system via at least one of: the Internet, a cellular network, a Bluetooth Low Energy wireless network, and satellite.

5. The trade financing platform of claim 1 , wherein the smart device further comprises a Global Navigation Satellite System (GNSS) application that tracks a location of the smart device via GNSS.

6. The trade financing platform of claim 1 , wherein at least some of the number of blockchain nodes are each maintained by a distinct one of a number of transacting parties in a commercial matter using the trade financing platform.

Assignments (1)
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Sep 26, 2019
From: LIM, CHEE KEAN; CHEW, KIA BOON; HUANG, YIHANG; CHIN, HENG WEE; ONG, HIAN LEONG; NG, ENG GUAN
To: ASCENT SOLUTIONS PTE LTD; 1CITADEL PTE. LTD.
Reel/Frame 050498/0895 →
Continuity (1)
Related Publication 20200034928A1 · Jan 30, 2020
Cited By (1)
US 12,375,908