20240046391. METHODS AND SYSTEM FOR MANAGING INTELLECTUAL PROPERTY USING A BLOCKCHAIN simplified abstract (Unknown Organization)
Contents
METHODS AND SYSTEM FOR MANAGING INTELLECTUAL PROPERTY USING A BLOCKCHAIN
Organization Name
Inventor(s)
Moses T. Ma of Mill Valley CA (US)
METHODS AND SYSTEM FOR MANAGING INTELLECTUAL PROPERTY USING A BLOCKCHAIN - A simplified explanation of the abstract
This abstract first appeared for US patent application 20240046391 titled 'METHODS AND SYSTEM FOR MANAGING INTELLECTUAL PROPERTY USING A BLOCKCHAIN
Simplified Explanation
The patent application describes a system and methods for managing intellectual property using a blockchain. The system includes various elements such as an intellectual property distributed ledger, a digital policy server, non-binary trust models, automatic ontology induction, modifications to the blockchain mining and proof of work system, an app store for related applications, a transactionalized search engine, persistent and encapsulated software trust objects, a licensing royalty smart contract with auditable payment tracking, micro-equity incentives, automated fraud detection intellectual property management dashboards, an innovation workflow broker, innovation optimization tools, disruption mapping, and intelligent just-in-time learning. These functions are combined and integrated to enable recordation, collaboration, searchability, licensing, and tracking of intellectual property information over a networked distributed computing system.
Potential applications of this technology:
- Intellectual property management for individuals, businesses, and organizations
- Collaboration and sharing of intellectual property within and between enterprises
- Licensing and tracking of intellectual property rights
- Fraud detection and prevention in intellectual property management
- Optimization of innovation workflows and processes
Problems solved by this technology:
- Lack of transparency and trust in intellectual property management
- Inefficiencies in recordation, collaboration, and searchability of intellectual property information
- Difficulty in tracking and enforcing licensing agreements
- Vulnerability to fraud and unauthorized use of intellectual property
Benefits of this technology:
- Improved transparency and trust in intellectual property management
- Streamlined recordation, collaboration, and searchability of intellectual property information
- Enhanced tracking and enforcement of licensing agreements
- Reduced risk of fraud and unauthorized use of intellectual property
- Optimization of innovation workflows and processes for increased efficiency and productivity.
Original Abstract Submitted
a system and methods for managing intellectual property using a blockchain are provided which may include one or more elements which forms a comprehensive foundation for an eco-system for innovation and intellectual property management. the elements may include: an intellectual property distributed ledger, an intellectual property digital policy server, non-binary trust models, automatic ontology induction, modifications to the blockchain “mining” and “proof of work” system, appstore for related applications, partial transparency transactionalized search engine, persistent and encapsulated software trust objects, licensing royalty smart contract with auditable payment tracking, micro-equity incentives, automated fraud detection intellectual property management dashboards, innovation workflow broker, innovation optimization tools, disruption mapping, and intelligent just-in-time learning. the system combines and integrates these functions to enable personal, intra-enterprise, inter-enterprise and extra-enterprise recordation, collaboration, searchability and its benefits, licensing and tracking of information regarding intellectual property over a networked distributed computing system.
