As an innovation leader at the forefront of the digital IP transformation, the first imprinting of more than 25 million existing patent assets starts as a dynamic NFTS
IPwe Inc. today announced the largest blockchain deployment in the company’s history in Davos, Switzerland, together with Casper Labs, as part of World Economic Forum week. This joint announcement represents the first true enterprise blockchain and NFT use case that improves IP governance and creates value and liquidity for IP owners worldwide.
In collaboration with Casper Labs, IPwe has developed and launched a dynamic NFT blockchain solution – IPwe Digital Assets – that leverages the approved distributed ledger technologies of the open source Hyperledger Fabric and the public Casper blockchain to generate verified public and securely store private information about each patent. IPwe Digital Assets is fed public data from Clarivate’s world-leading patent registries, providing IP owners with a simple, transparent digital representation of asset ownership.
“IPwe is proud to announce the mining of 25 million patent NFTs to drive IP digital transformation. IPwe Digital Assets is revolutionary technology and the true manifestation of the promise of blockchain for business,” stated Leann Pinto, President of IPwe. “IPwe has developed a true enterprise-scale use case for blockchain technology and has finally created a liquid financial asset class capable of realizing the full potential of IP. IPwe Digital Assets are new and game-changing in IP and blockchain, but we are convinced that the Companies will quickly recognize the need and power of IPwe’s blockchain solutions.”
The launch of IPwe Digital Assets, beginning with our tokenization of the world’s existing patents as dynamic NFTS, places IPwe at the forefront of the digital IP transformation. Now, organizations can securely enter the next-generation Web3 ecosystem to manage their IP with tokenized asset values that contain auditable ownership data and auditable, compliant aggregated evidence records. IPwe Digital Asset also supports IPwe’s comprehensive SaaS solution, Smart Intellectual Assetmanagement (SIAM), a seamless tokenized asset management tool that provides data-driven insights, analytics and financial metrics with increased transaction efficiency and portfolio ROI.
“With this launch, IPwe takes a leading position in driving the state of the art for both IP and enterprise blockchains,” said Daniela Barbosa, CEO, Hyperledger Foundation and General Manager Blockchain and Identity at the Linux Foundation. “The innovation and scale of this deployment demonstrates the power of hybrid networks to manage critical assets in a secure and extremely efficient, but also transparent and accessible way. It’s rewarding to see how technologies from our community are powering this solution and… working with the Casper blockchain to achieve these results.”
Ralf Kubli, board member of the Casper Association, noted: “Casper is the future-proof blockchain network that enables financial activities for next-generation business models built on native digital assets. Implementing IPwe on Casper will empower businesses, governments and startups. Huge economic value .”
IPwe, Smart Intangible Asset Management and IPwe Digital Assets are trademarks of IPwe.
Mia Mixan, firstname.lastname@example.org
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