Tagged: patent

May 10, 2024 @ 2:50 pm By JD Alois  |  

BlackStar (OTC Pink:BEGI) reports that it has patented a process to trade securities using blockchain technology. BlackStar is a microcap trading on OTC Markets Pink segment. Its market cap is currently around $3.8 million. BlackStar also operates Blockchain Equity Management Corp. (BEMC). The company aims… Read More

November 9, 2020 @ 10:20 am By JD Alois  |  

Bloomio AG, a holding company of the Bloomio group, has announced that the United States Patent and Trademark Office (USPTO) has issued U.S. Patent No. 10,790,976, which is described as a method for recovering cryptographic assets associated with a cryptocurrency wallet. Citing a study by… Read More

May 15, 2020 @ 1:39 pm By JD Alois  |  

Visa (NYSE:V) is going deeper into crypto it seems. Yesterday, a patent application by Visa was published on the United States Patent and Trademark Office (USTPO) website for a “digital fiat currency.” Initially filed in November 2019, the document outlines the process Visa envisions to… Read More

January 29, 2020 @ 2:23 am By Omar Faridi  |  

New York-based tech giant IBM has reportedly acquired a patent for the implementation of a “self-aware token,” which will be developed specifically to record events of offline transactions. According to a document submitted to the US Patent and Trademark Office, the self-aware token will be… Read More

November 29, 2019 @ 3:01 pm By Cali Haan  |  

San Francisco-based cryptocurrency exchange Coinbase has successfully patented a “compliance determination and enforcement platform” for possible internal use in KYC-AML (know your customer/anti-money laundering). The system uses “self-learning” as well as a “factor entering module (that) enters factors from each user account into a compliance… Read More

December 27, 2018 @ 2:05 pm By Samantha Hurst  |  

Bank of America (BoA) has officially filed a new patent for its blockchain-powered ATMs. According to the patent, which was notably filed on December 25th (Christmas Day), the cash handling device will be able to utilize blockchain technology and/or other secure communications technology to facilitate operations. It was… Read More

December 16, 2018 @ 12:00 pm By Cali Haan  |  

The Chinese government is looking to create a cryptocurrency that will allow it to better monitor the financial conduct of citizens and institutions, Bloomberg reports. Software developers at the People’s Bank of China have registered 78 digital currency patents since 2016, and, as of August,… Read More

July 22, 2018 @ 2:15 pm By JD Alois  |  

JPMorgan was in the news this week for a move than can only be described as crypto positive. A patent filed by JPM some months ago has just percolated up on the US Patent database.  According to the filing JPM is seeking “Systems and methods… Read More

July 19, 2018 @ 1:00 pm By Samantha Hurst  |  

Mastercard has reportedly been granted a patent to link cryptocurrency with Fiat accounts. According to its filing, the patent was created to manage fractional reserves of blockchain currency comprising: storing, in a first central account, at least a fiat amount associated with a fiat currency.  The company reported:… Read More

June 26, 2018 @ 10:44 am By Cali Haan  |  

One of the largest pharmaceutical companies in the world, Merck, has filed for a US patent for a process to ensure “parts” produced in its manufacturing processes are created to standard. The patent, “Methods and Systems for Implementing Distributed Ledger Manufacturing History,” states that whereas “additive manufacturing”… Read More

May 30, 2018 @ 9:38 am By Cali Haan  |  

A patent application released May 24th by the US Patent and Trademark Office shows that  Intel has been seeking for some time time to improve on inefficiencies in blockchains. Intel is the world’s largest manufacturer of semiconductors, the processors that order signal communications inside electronic… Read More

April 19, 2018 @ 1:57 pm By JD Alois  |  

It has been widely reported that Amazon has been granted a patent for technology to create a streaming data marketplace. The patent was filed back in 2014 but was just approved by the US Patent office this week. You may read the Patent in its… Read More

November 8, 2017 @ 9:09 pm By JD Alois  |  

Square, the massive payments platform that is slowly moving into online lending, filed a for a patent back in March of 2015 that was granted just a few weeks back (September 2017). The Patent is described as follows: “A system and method for calculating crowdfunding… Read More

April 3, 2017 @ 2:28 pm By Samantha Hurst  |  

XTI Aircraft Company announced on Monday it received a written Notice of Allowance from the U.S. Patent and Trademark Office, issuing a utility patent for the TriFan 600 vertical takeoff airplane. This news comes almost a month after XTI announced an agreement with Bye Aerospace, Inc. to… Read More

December 20, 2016 @ 9:00 am By JD Alois  |  

Two Year Patent Troll Case Ends in Triumph as Gust Refuses to Settle in “Giant Win” for Crowdfunding Industry. Gust, the “world’s largest community of entrepreneurs and early-stage investors”, has won a huge victory in court that impacts the entire crowdfunding industry. Today Gust announced the… Read More

August 7, 2015 @ 10:33 am By JD Alois  |  

Global social media leader Facebook has a patent to use their platform to provide credit information from their users.  Today direct lenders already use a plethora of different data metrics beyond a FICO score – something that has given them a leg up on banks…. Read More

July 17, 2015 @ 1:37 pm By JD Alois  |  

Back in January of this year, Crowdfund Insider covered a patent lawsuit that sought to challenge many of the prominent US crowdfunding platforms in operation today.  This included both rewards/donations and investment crowdfunding platforms.  AlphaCap ventures, a company that has been described as a patent troll,… Read More

June 29, 2015 @ 7:12 pm By Samantha Hurst  |  

Kickstarter has achieved a major victory in federal court today, marking the end of a four-year-long patent dispute. In 2011, ArtistShare, which was founded Brian Camelio, was issued a patent for “Method and Apparatuses for Financing and Marketing a Creative Work,” claiming “a system and method for… Read More

June 11, 2015 @ 10:14 am By Samantha Hurst  |  

This week, Tinnus Enterprises, LLC and Zuru Ltd. filed a suit in U.S. Federal Court against Telebrands Corp. and Bed Bath & Beyond Inc. alleging infringement of U.S. Patent 9,051,066. In case number 6:15-cv-00551 filed in the Eastern District of Texas, the plaintiffs allege that Telebrands’… Read More

January 26, 2015 @ 9:18 am By JD Alois  |  

This past Friday a lawsuit was filed in Texas for patent infringement against global crowdfunding platform Indiegogo.  The plaintiff in the case is AlphaCap Ventures LLC, a filing associated with a Mr. Charles Ainsworth.  Ainsworth is a patent attorney based in East Texas  who “has earned a reputation… Read More