NFTs
Blog
Are NFTs the next progression for
patent management and
commercialisation?

Are NFTs the next step for patent management and commercialisation?

It was recently announced that IBM and IPwe have partnered to trial representing patents as non-fungible tokens (NFTs) as an easier way to sell, trade, or license patents. The aim is to move intellectual property assets onto a digital, centralised and secure blockchain network, enabling easier commercialisation of patents, especially for small or medium enterprises (SMEs). Smart contracts can be attached to NFTs so terms of use and ownership can be outlined and agreed upon without incurring as many legal fees as a traditional IP transfer.

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Minesoft tools featured in The Patent Lawyer

Minesoft has recently been the main topic of an article published in the top IP magazine The Patent Lawyer.  In the March/April issue of The Patent Lawyer, you can read Tony Trippe’s article (pg. 22-25) on how the Minesoft suite of tools and services can help remote IP teams to work together efficiently even though they might be physically separated.

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The Nemesis System creates a unique video gaming experience each time

Reviewing and analysing patent literature is crucial for any innovation-driven industry to avoid infringement, monitor competitors and importantly, drive innovation and R&D strategy. A recently granted patent owned by Warner Bros Entertainment, discloses their Nemesis system invention, an innovative method for generating unique storylines and opponents in video games based on user interaction and in-game choices. More…

Tech companies
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Tech Giants Going Green

Tech Giants going green

In a recent article published by the Financial Times ‘How tech went big on green energy,’ Leslie Hook and Dave Lee discuss the pledges made by Fortune 100 Tech companies to combat climate change. Tech companies are large consumers of electricity with Amazon, Google, Microsoft, Facebook, and Apple using more than 45 terawatt-hours of electricity every year, which is about the same amount as the whole of New Zealand. It’s no wonder that they are taking steps to try and reduce their electricity usage, or use greener energy. While the everyday person can make their home more energy efficient by having an electrical inspection carried out by one of the best electrician in West Lake Hills, for example, tech companies have to do a lot more. With Google being the first company to confirm a clean energy deal in 2010, this sparked a competition between Tech companies trying to embrace an industrial concept that promotes sustainable resource productivity.

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chemical entities
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Find chemicals easily within patents with Minesoft’s Chemical Explorer

Patent protection benefits innovators because it secures market exclusivity to the technology when the patent is granted. Concurrently, this process also benefits external innovators as a contingency of a patent application is that it must publicly disclose the technical details of the invention. For professionals in pharmaceutical, biochemistry, engineering, and other technical fields, patents are a valuable source of new information. Patents are often the first place where chemical entities are disclosed publicly. More…

magnifying glass to illustrate legal tech AI
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PatDocs, the Legal Tech AI solution

PatDocs is a Legal Tech AI solution for innovative quantity recognition and patent search. It is a first-of-its-kind patent data platform, designed for all IP professionals, which complements advanced patent database search platforms such as PatBase, with embedded proprietary artificial intelligence. Document ordering is simple and quick on PatDocs, just enter any patent numbers on the front page. This feature utilises the renowned Patent Order document engine, used for over 20 years by top corporations as well as many specialist IP Law firms worldwide. PatDocs also offers streamlined machine translated document delivery from over 25 jurisdictions into English. There are further options for generating auto-filled IDS forms and Legal Reports, saving legal professionals hours of manual work! More…

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