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Milestones and forecasts 2016/2037

2006 – 2010

R&D with sensor fusion projects and heuristics with RFID.
Steel service sectors and fruit and vegetable manufacturing.
Model validation and exploitation. 2 International patents.

1º – April 2016
Start fast4shop

Review of the state of the art of shopping cart with RFID.
RFIDF heuristics using sensors, applied to a shopping cart.
Heuristics: RFID (Near Field) + Photoreceptor + Photoelectric Curtain.

Patent
RFID / fast4shop

April – august, 2016:
Deed of Patent “RFID Window for Shopping Cart”.
Memory and drawings.

SPTO-2016
4 holders

Registration in the Spanish Patent and Trademark Office (SPTO).
ES 2016/31138, 08.31.2016.
International priority date: August 31, 2016.

Round-2017
6 holders

1st Round fast4shop financial resources.
Object: capital for the extension of the Patent in 43 countries
and associated costs.

2017
fast4shop Frame

Patent Memory Modification:
– Generalization of heuristics to any container.
– New drawings and 17th claim for frame in e-commerce.

April 2017
METI – Japan

Japan: Plan del Ministry of Economy, Trade and Industry,
to convert all convenience stores to RFID in 2025 with the introduction
of 100 Bn tags / year.

2017
Extensiones

Registers:
International Patent System (PCT/WIPO):
PCT/ES 2017/070591, 30.08.2017
United States Patent and Trademark Office’s (USPTO):
US 15/690706, 30.08.2017
Oficina de Patentes de China (CNIPA):
CN 2017800145363.8, 30.08.2017
European Patent Office (EPO) – 38 países:
EU 178455585.3, 30.08.2017
Japan Patent Office (JPO):
JP 2019532207A, 30.08.2017
Instituto Nacional da Propriedade Industrial (Brasil, INPI):
BR 112019004169, 30.08.2017
National Institute of Industrial Property (India, IPI):
IN 17845585, 30.08.2017
International priority date: August 31, 2016.

January 2018
Amazon Go

First Amazon Go store, Seattle, USA.
Vision / AI vs. RFID for Food Retail.

February 2018
Panasonic

Fukuoka, Japan. Panasonic: RFID aisle for convenience stores.
Following the “Regi-robo” pilots in Lawson (Osaka, 2017), new
RFID self-service trials following the METI – 2025 plan.

2º – 2018
Patentability 
fast4shop

Official review of the state of the art (International Search Report).
Favorable triple A rating patentability in the 17 claims.
Publications:
SPTO, ES 2018/2662696, 04.09.2018
PCT, WO 2018/042068 A1, 03.08.2018
USPTO, US 2018/0060618 A1, 03.01.2018

2018
Grants fast4shop

Grant EEUU, US 10073996 B2, 11.09.2018.
Grant ES, ES 2662696 B1, 03.10.2018.

2018
Publications in progress

PCT-Internacional, WO 2018042068 A1, 08.03.2018.
China, CNIPA, CN 108885753 A, 23.11.2018.

2018
Basket Minimarket

Adaptation of the fast4shop patent to:
1. Shopping basket
2. Unattended Minimarket with Vision/AI – FAR

2019
Publications in progress

Brazil, INPI, BR 112019004169 A2, 28.05.2019.
India, IPI, IN 201927005706 A, 02.08.2019.
Japan, JPO, JP 2019533263 A, 14.09.2019.
European Patent Convention (38 countries), EP 3509028 A4, 09.18.2019

2019
Divulgation

First wave of global disclosure of fast4shop to companies and
consultants in the Grocery Distribution sector:
Europe, the US, China and Japan.
Good reception for the sector’s migration to RFID technology.

2020
COVID-19

March, 2020: WHO raises SARS-CoV-2 infection to Pandemic.
RFID technology is accelerated promoting the shortest time,
frictionless and contactles in convenience stores, and the e-Grocery.

Round-2020
Development

2nd Round financial resources.
Purpose: capital for the development of prototypes.
Holders of the new company fast4shop, S.L.

2020-2021
Prototipes

fast4shop prototype development:
Shopping cart, Shopping basket, Picker frame and Minimarket.

3º – 2021
Feasibility fast4shop

Demonstration at events and Businesses.
Feasibility of fast4shop for large Grocery Retail:
frictionless, cashierless, traceability (RFID / blockchain) and perishable.

2021
tags RFID

Development of new short-range RFID tags for Grocery Retail.
Printing on products with magnetic inks, IC chips assembling.
Cost around 2 c$ downwards.

2021
Forescasts 20’s decade

Forecast relaunch for pandemic decade:
1. Grocery Retail migration: 85 M RFID carts (US, EU, China …)
2. 1/3 of the distribution through e-Grocery platforms.

4º – 2022
Viability 
fast4shop

First fast4shop pilots in convenience stores.
Regional alliances: own manufacturing and technology transfer.
Royalties for Patents.

3ª Ronda-2022
fast4shop Growth

3º Round financial resources
Purpose: capital for manufacturing and commercialization at a global scale of the different fast4shop system adaptations: carts, baskets, picker frames and Minimarkets.

2023
Tags cost

Maturation of tags with magnetic inks with chip assembly.
Chipless technology irruption.
Cost of tags around 1.7-1.5 c $.

5º – 2023
Comercialization

Sale, manufacturing and licensing:
1. fast4shop Shopping Carts and Baskets, and Frame for e-Grocery
2. Nano and Minimarket fast4shop

2023-2025
Market Retail

Grocery retail market migrated to RFID, countries with Patent:
(EU, USA, China, Japan, India, Brazil),
85 M Carts and Baskets; sales € 30 Bn; recurring revenue € 2 Bn / year.

2025
Tags market

Cost of tags under 1.5 c$ with magnetic inks.
Production for the grocery sector, 1-3 trillion units/year.
Japan 100 Bn units/year (METI).

2025-2037
Growth

12 Years of growth and regional establishment of fast4shop under
the legal protection of the Patent.

2038…

Grocery distribution sector migrated globally to RFID
throughout the value chain, both in face-to-face sales (store) and
through online platforms (e-Grocery, 1/3 of distribution).