Patents by Inventor Yusuf Nonoo

Yusuf Nonoo has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Publication number: 20100174624
    Abstract: Methods and supporting systems for inventory financing and tracking receives information from potential borrowers, potential lenders, and from inventory tracking sub-systems. The information includes information regarding items in inventory, information about the potential borrowers, information about potential lenders and information identifying the items in inventory held by the borrowers. Potential borrowers are matched with potential lenders, thus identifying lenders to provide financing to borrowers, and provides the lenders with access to the inventory information.
    Type: Application
    Filed: November 24, 2009
    Publication date: July 8, 2010
    Inventors: Gabriel G. Nasser, Yusuf Nonoo
  • Publication number: 20090094129
    Abstract: A method of borrowing an item from a lender to a borrower, in which the item has an RFID tracking device affixed thereto. While the item is in the possession of the borrower, the lender uses data transmitted from the RFID tracking device to monitor the item, to be assured of its location and security and optionally to compile an inventory of borrowed items. Whilst the item is in the possession of the borrower, the borrower may pay an interest payment to the lender agreed between the borrower and the lender and derived from the monetary value of the item. The borrower may sell the borrowed item to a third party for a price and pay the lender a sum agreed between the borrower and the lender and derived from a monetary value of the item when it is sold.
    Type: Application
    Filed: September 22, 2006
    Publication date: April 9, 2009
    Inventors: Jeffrey Rhodes, Yusuf Nonoo, Fuad Nonoo, Kishore Dhakan