The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Aug. 02, 2022
Filed:
Jul. 16, 2019
Rts Recyclebank Llc, New York, NY (US);
Ron Gonen, New York, NY (US);
Morley Ivers, Toronto, CA;
David Wigder, Bronx, NY (US);
Paul T. Winn, Jr., Norwalk, CT (US);
RTS RECYCLEBANK, LLC, New York, NY (US);
Abstract
An incentive-based waste reduction system and method thereof are disclosed herein. In accordance with one embodiment of the present invention, an incentive-based waste reduction system comprises a collection means comprising at least a load-determining device, the collection means for obtaining a quantifiable measure of waste material from an entity, a value associated with the quantifiable measure of waste material, an adjustment factor for adjusting the value associated with the quantifiable measure of waste material, determined from an algorithm, the algorithm taking as an input at least a predetermined factor, a credit value associated with at least a quantifiable measure of deposited waste material, and a reward value associated with the credit value. Information about the waste material is transmitted to a host server which performs actions based on the received information, including reconfiguring a deployment scheme of trucks to routes to save resources.