Abstract: An apparatus for charging fees to a renter of equipment based upon wear to an item of equipment is disclosed herein. The apparatus can include a communications device proximal to the equipment that charges the renter, via a connected blockchain network, based off of the amount of vibration, pressure, flow rate, or temperature that the item of equipment is subjected to.
Type:
Grant
Filed:
July 15, 2022
Date of Patent:
March 3, 2026
Assignee:
IOT-eq, LLC
Inventors:
Blake Burnette, Brad Brooks, Iniaki Zuloaga, Jose Guerrero
Abstract: An apparatus for charging fees to a renter of equipment based upon wear to an item of equipment is disclosed herein. The apparatus can include a communications device proximal to the equipment that charges the renter, via a connected blockchain network, based off of the amount of vibration, pressure, flow rate, or temperature that the item of equipment is subjected to.
Type:
Application
Filed:
July 15, 2022
Publication date:
January 19, 2023
Applicant:
IOT-eq, LLC
Inventors:
Blake Burnette, Brad Brooks, Iniaki Zuloaga, Jose Guerrero