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IPwe and IBM Partner to Transform Corporate Patents With NFTs


IPwe and IBM Partner to Transform Corporate Patents With NFTs
IPwe plans to begin representing patents as non-fungible tokens (NFTs) or digital assets by working with IBM (NYSE: IBM).
The partnership aims to create the infrastructure for representing patents as NFTs and storing the records on a blockchain network. The tokenization of intellectual property (IP) will help position patents to be more easily sold, traded, commercialized or otherwise monetized and bring new liquidity to this asset class for investors and innovators.
By representing IP in this way, it can be licensed, sold and commercialized. Organizations can also more easily view the IP as an asset on their balance sheet. While NFTs have been used to represent digital art, sports memorabilia and iconic Tweets, among others, the early adoption of IP-based NFTs could drive the transformation of how IP is treated by inventors and enterprises.    ....

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It's Not NBA Top Shot, Beeple Or a Tweet, But IBM Thinks Patents Should Be NFTs


Intellectual property specialist IPwe, which has been working with IBM for years on a blockchain solution for the patent industry, announced on Tuesday that it will begin representing patents as non-fungible tokens (NFTs), or digital assets, in a deal announced in conjunction with IBM.
IBM s blockchain group already works with corporate clients on tech efforts like tracking food supply chains using the blockchain. Now, it will provide the infrastructure for representing valuable patents as NFTs, and storing the information on a blockchain network.
The tokenization of intellectual property (IP) will help position patents to be more easily sold, traded, commercialized or otherwise monetized and bring new liquidity to this asset class for investors and innovators, the companies said in a joint release. ....

Jason Kelley , Shyam Nagarajan , Erich Spangenberg , Blockchain Services , Global Patent Marketplace , ஜேசன் கெலீ , ஷியாம் நாகராஜன் , எரிச் ஸ்ப்ன்கேன்பேற்க் , ப்ளாக்சைன் சேவைகள் ,