Bank of New York Mellon has been granted a patent for a vessel system that includes sensors to measure solution quality, a timer for shelf life, and an indicator for solution disposal. The system ensures accurate monitoring and disposal of solutions based on predetermined thresholds. GlobalData’s report on Bank of New York Mellon gives a 360-degree view of the company including its patenting strategy. Buy the report here.

According to GlobalData’s company profile on Bank of New York Mellon, Corrosion resistant battery packaging was a key innovation area identified from patents. Bank of New York Mellon's grant share as of May 2024 was 71%. Grant share is based on the ratio of number of grants to total number of patents.

Smart vessel system for monitoring solution shelf life

Source: United States Patent and Trademark Office (USPTO). Credit: The Bank of New York Mellon Corp

A recently granted patent (Publication Number: US11959867B2) discloses a vessel system designed to ensure the quality and shelf life of solutions stored within vessels. The system comprises a filling station equipped with sensors to measure water and solution properties, a transceiver to communicate data to the vessel, and a processor to control the dispensing of the solution. The vessel, on the other hand, includes a memory for storing identifiers, a transceiver for data exchange, and a processor to monitor solution quality, initiate a shelf life timer, and activate an indicator for solution disposal based on predetermined thresholds.

The vessel system's innovative features include the ability to determine shelf life and thresholds based on reference measurements, dispense solutions only when the vessel is empty, and utilize motion sensors to assess solution usability. The vessel processor can activate indicators based on expiration of shelf life, exceeding thresholds, or detecting vessel movement. Additionally, the system allows for various solution measurements such as conductivity, voltammetry, and chronoamperometry, enhancing the accuracy of quality assessments. Overall, this patented vessel system offers a comprehensive solution for monitoring solution integrity, ensuring timely disposal when necessary, and optimizing storage conditions for various applications.

To know more about GlobalData’s detailed insights on Bank of New York Mellon, buy the report here.

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GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.