US Patent Issued to Block on Oct. 27 for "Inventory tracking and management" (California Inventors)

ALEXANDRIA, Va., Oct. 27 -- United States Patent no. 12,775,978, issued on Oct. 27, was assigned to Block Inc. (Oakland, Calif.).

"Inventory tracking and management" was invented by Michael Morrissey Cieri (San Francisco), Adam Jeremy Fern (San Francisco), Ding Zhou (San Francisco) and Ariana Poursartip (San Francisco).

According to the abstract* released by the U.S. Patent & Trademark Office: "In some examples, a system receives, based on a first output of a sensor associated with a merchant, an indication of a quantity of an item in an inventory of the merchant. The sensor is configured to detect tracking components associated with respective items in the inventory. The system determines, based at least on transaction information relate...