5 May 2022

Press Release

IPwe Announces ESG Smart Pool

Innovation leader announces new Smart Pool for technology with a positive impact on environmental, social, and governance (ESG) factors

DALLAS, UNITED STATES, May 5, 2022/EINPresswire.com/ — After the World Intellectual Property Organization shortlisted IPwe’s open innovation pool for ESG technologies for their World Intellectual Property Day 2022 contest, IPwe has officially unveiled the ESG Smart Pool. The ESG Smart Pool is a technology-enabled patent pool aimed to improve humanity’s essential needs, reduce ecological footprints, and improve global living standards through environmental, social, and governance-related innovation.

“The ESG Smart Pool is a tremendous opportunity for companies with a strong mission for ESG innovation to succeed.  Traditionally, the exclusivity associated with intellectual property is often viewed as a barrier to new technology development and as an impediment to innovation. In areas related to ESG technology that are combatting the negative effects of climate change,  intellectual property must instead be a driver for innovation”, said Lavinia Meliti, IPwe’s Global Head of Business Development.

The ESG Smart Pool represents IPwe’s mission to support innovation in emerging technologies, with already more than 250 members across IPwe’s Smart Pools in less than four months.  IPwe believes that the innovation system must become more inclusive to solve pressing environmental needs by supporting those who are dealing with the adverse effects of climate change already and who are developing novel solutions to lessen or counter the effects of climate change effectively. In order to encourage ESG-related innovation among these individuals, who are often disadvantaged when it comes to accessing research and development resources and cutting-edge technology, IPwe is launching the ESG Smart Pool, to promote the advancement of technologies with a positive impact on environmental, social, and governance factors.

Smarts Pools are a cost-effective approach for such disadvantaged individuals in emerging technologies such as SMEs and start-ups, to expedite technology licensing that is traditionally done on a bespoke and non-transparent basis. The ESG Smart Pool is simple: the Founders, leaders in various ESG-related technologies, contribute licensing rights of their selected patents to the pool, and Members join and are free to build on these key innovations to further enhance adoption and greater economic opportunity.

“We strongly believe that open access to ESG intellectual property can generate innovative incentives for change,” says Erich Spangenberg, IPwe’s CEO. “With the ESG Smart Pool, it is now simpler than ever for SMEs and large enterprise to improve their ESG standards”.

IPwe will be announcing the initial Founders and a multitude of Members in the coming days. Interested companies can contact IPwe via our website at https://www.ipwe.com/ or email us at support@ipwe.com.

 


 

About IPwe

Founded in 2018, IPwe is a global innovation platform leveraging the power of artificial intelligence, predictive analytics and blockchain technology. Through the IPwe Platform, large enterprises, SMEs, owners, those looking to enhance their innovation profiles and those with a legal, technical or financial focus benefit from IPwe’s mission to empower innovation in emerging technologies. IPwe is committed to improving ROI whether measured by dollar returns, jobs created, ventures launched, or problems solved by increasing transparency, lowering costs and enhancing returns for the entire innovation ecosystem.

Press Contact
Mia Mixan
Head of Marketing

18 April 2022

Press Release

Aelion Group Joins IPwe as a Strategic Partner

 Engaging institution and enterprise level patent holders to enhance and support network growth

MIAMI, FLORIDA, April 18, 2022/EINPresswire.com/ — IPwe is proud to announce a strategic partnership with Aelion Group, a privately held investment firm that brings solutions to complicated business problems through its industry-diverse executives, unique insight, integrity and global reach.  Starting first as an investor of IPwe, Aelion Group saw first-hand how IPwe stands out from the competition with its technical advancements and expert team.  That made it an easy decision to take a step further to enter a strategic partnership to support the growth and onboarding of several key enterprise accounts to the IPwe Platform.  With its vast network of contacts, Aelion Group represents yet one more way IPwe is bringing on quality patent assets and developing a robust user base.

Through its development, IPwe has garnered attention from many reputable investors.  “We were impressed by IPwe’s vision for the patent industry and their ability to make that vision a reality,” stated David Aelion, Founding Partner of Aelion Group.  “Ultimately, our investments are based on not just the product and strategy, but also the people supporting the vision. Knowing the expert team and seeing them in action made investment and participation with IPwe an easy decision to make,” added Arthur Percy, CIO of Aelion Group.

“Aelion Group has supported IPwe with more than just capital.  Through its wide network and industry experience, we have found a means to connect with several companies that are ideal candidates for the IPwe Platform and our services,” stated Erich Spangenberg, CEO of IPwe. “We welcomed Aelion Group first as an investor and next as a strategic partner.  We appreciate their support and commitment to work closely with us as we expand our client base.”

Many new and growing companies have patent assets that lie dormant or unused.  With IPwe’s intuitive platform and expert support team, these assets can be optimized and monetized in a streamlined manner that puts legacy processes to shame.  These days companies cannot afford lengthy transaction periods; they need quality service that is fast, transparent and tailored to their needs.  That is where IPwe fits in.  IPwe brings innovative technology to the patent industry, that provides a means for improved value creation as well as faster transaction and knowledge transfer which benefits all stakeholders and participants.

 

To request more information on IPwe’s Smart Pools and Smart Services for patents, please visit www.ipwe.com.

 


 

About Aelion Group
Starting in 1998, Aelion Group’s initial collaboration, CitiMED, has grown into South Florida’s premier rehabilitative medical group with seven locations throughout South Florida.  For over 20 years, our accomplished leadership team has fostered trust and long-term relationships by investing time and energy into partnerships with talented management teams to build sustainable value over the long term, improve operating results and grow businesses into industry-leading companies.

Aelion Group has built its culture upon a foundation of teamwork, open communication, and intellectual honesty. These basic values are at the core of each of our investment partner relationships.

Aelion Group Media Contact
Nichole Ibrahim
Operations Director
NIbrahim@aeliongroup.com

 

About IPwe
Founded in 2018, IPwe is a global innovation platform leveraging the power of artificial intelligence, predictive analytics and blockchain technology. Through the IPwe Platform, large enterprises, SMEs, owners, those looking to enhance their innovation profiles and those with a legal, technical or financial focus benefit from IPwe’s mission to empower innovation in emerging technologies. IPwe is committed to improving ROI whether measured by dollar returns, jobs created, ventures launched, or problems solved by increasing transparency, lowering costs and enhancing returns for the entire innovation ecosystem.

Press Contact
Mia Mixan
Head of Marketing

13 April 2022

Press Release

IPwe Announces LiDAR Smart Pool

Innovation leader announces new Smart Pool in LiDAR technologies

PARIS, FRANCE, April 13, 2022/EINPresswire.com/ — IPwe, a one-stop innovation platform for licensing emerging technologies, announced the LiDAR Smart Pool today, to encourage the adoption of LiDAR technology.

IPwe has already launched three other Smart Pools in blockchain, metaverse, and digital link technologies, with over 200 members in just 3 months, representing unprecedented growth in the intellectual property space. Smarts Pools are a cost-effective approach for small players in emerging technologies such as SMEs and start-ups, to expedite technology licensing that is traditionally done on a bespoke and non-transparent basis. The LiDAR Smart Pool is simple: the Founders, leaders in the LiDAR technology space, contribute licensing rights to selected patents to the pool, and Members join and are free to build on these key innovations to further enhance adoption and greater economic opportunity.

The first Founder for the LiDAR Smart Pool is Madrid-based SkanSense, led by Founder and CEO, Cristina P. Magnusson.  “The LiDAR Smart Pool is a tremendous opportunity for innovative companies like SkanSense.  The process was simple and the first contact with IPwe to launch took less than two weeks.  I will be working closely with the IPwe team to select key players In the LiDAR ecosystem, such as SMEs and larger innovators, and engage them in the Smart Pool as Founders and Members.  LiDAR technology is entering a critical phase of adoption with applications in multiple industries and I look forward to leading this effort,” said Ms. Magnusson.

LiDAR (Light Detection and Ranging) is a technology that employs light in the form of a pulsed laser and a highly accurate method to measure distances, enabling improvements in everyday life like detailed mapping for autonomous vehicles, robotic vehicles, consumer goods and multiple other applications. IPwe believes that the LiDAR Smart Pool will enable adoption and further innovation, accelerating the global LiDAR market, which was valued at $1.5 billion in 2020, to its projected $7 billion by 2027.

“We strongly believe that essential technologies should be publicly available to everyone rather than being locked away in patents,” says Erich Spangenberg, IPwe’s CEO. “With our Smart Pools, IPwe has been at the forefront of what it means to unlock innovation for all, and we are thrilled to be able to do so in another technology industry, LiDAR technology.”

 

Interested companies can contact IPwe via our website at https://www.ipwe.com/or email us at support@ipwe.com.

 


 

About IPwe

Founded in 2018, IPwe is a global innovation platform leveraging the power of artificial intelligence,  predictive analytics, and blockchain technology. Through the IPwe Platform, large enterprises, SMEs, owners, those looking to enhance their innovation profiles, and those with a legal, technical or financial focus benefit from IPwe’s mission to empower innovation in emerging technologies. IPwe is committed to improving ROI whether measured by dollar returns, jobs created, ventures launched, or problems solved by increasing transparency, lowering costs, and enhancing returns for the entire innovation ecosystem.

 

About SkanSense

SkanSense was founded in 2016 out of the European Space Agency (ESA) incubation program. SkanSense specializes in autonomous vehicles and LiDAR, focusing in the digital transformation of materials and their interaction with the perception systems for New Mobility. The company acts as R&D partner of the Centre of Excellence for Testing and Research of Autonomous Vehicles (CETRAN) in Singapore, and has received multiple awards in technology, such as innovator leader by the Spanish MIT Economic Forum,  Copernicus Masters, and the SMEs European Program. Last 2020 SkanSense published a report for SAE Edge on LiDAR perception.

Press Contact
Mia Mixan
Head of Marketing

9 March 2022

Press Release

nChain Joins the First Blockchain Smart Pool as a Founder

 Tiered pricing ensures entrepreneurs and start-ups can drive adoption of blockchain technology while larger organizations can efficiently manage a key risk to product development

 Mar 9, 2022

PARIS, FRANCE, March 9, 2022 /EINPresswire.com/ — nChain, an enterprise-grade blockchain company, and IPwe, today announced nChain as the first Founder of the Blockchain Smart Pool. This new mechanism provides established businesses and entrepreneurs an accessible path to build blockchain-based solutions through a robust portfolio of patents, starting with over 1,250 patents and patent applications from nChain.

Blockchain Smart Pool Highlights:
• The Smart Pool can facilitate the adoption and product development needed for blockchain technology to become part of global technology infrastructure.
• The Smart Pool was launched less than one month ago and already has over 40 members.
• Tiered pricing starting with free membership for small and medium-sized enterprises (SMEs) with annual revenues of less than US$1 million making participation easy for SMEs.
• US$500 memberships for SMEs with annual revenues of between $1 million and $10 million.
• Pricing for the largest enterprises in the world with revenues over $10 billion is US$225,000, which is significantly less than typical pricing for patent pools in other industries.
• Participation in the Smart Pool does not require members to make long-term commitments of their innovations.
• Through membership, participants reduce their due diligence efforts required to assess existing inventions and thus more efficiently manage a key commercial risk with the opportunity to build on and improve innovation in the blockchain ecosystem.

“nChain has made a significant investment in blockchain innovation and we are confident our patent portfolio represents one of the most valuable collections of IP in the industry. That said, we are in the early stages of a technology that we believe will become as prevalent in enterprise IT solutions as cloud infrastructure is today and to achieve this level of penetration, we want to see ecosystem-wide growth,” stated Hakan Yuksel, CEO of nChain. “We are confident our products and solutions have a unique value proposition and our success will be bolstered when the enterprise blockchain ecosystem grows overall. Becoming a Founder of this Smart Pool is an intelligent way to make this happen.”

“Entering the blockchain space in 2018, we identified Dr. Craig Wright and nChain as top five global innovators. We have established Smart Pools in high growth technology areas like the metaverse and digital link to encourage adoption, protect SMEs and deter abusive behavior. They are economically simple, lower the cost of compliance to attractive levels and include significant upside benefit,” stated Erich Spangenberg, CEO of IPwe. “We saw other potential solutions in the blockchain market but found they all constrain the ability for SMEs to grow and develop competitive commercial positions. With our offering, potential financial returns are compelling for both Founders and Members, especially SMEs. We look forward to announcing additional global innovation leaders as Founders and Members in the coming weeks.”

By attracting the right global Founders, namely those with important innovations to offer the world, and in leveraging the IPwe Platform to offer standardized licensing terms at the lowest rates available, IPwe and nChain expect the Blockchain Smart Pool to be a leading hub for those driving utility-based applications of blockchain technology.

To request more information on the Blockchain Smart Pool, please visit www.ipwe.com.

 


 

About nChain
Founded in 2015, nChain advances the potential of blockchain technology through ongoing research and development of inventions, maintenance of a robust patent portfolio and by offering commercial solutions such as Kensei, a developer-friendly set of APIs built on the BSV blockchain.  nChain also offers solutions in the digital payment space as well as professional services to assist enterprises of all types benefit from blockchain technology.

nChain Media Contact
Sean Griffin
Director, Communications & Corporate Development
s.griffin@nchain.com

About IPwe
IPwe is the world’s first global innovation platform leveraging the power of artificial intelligence and blockchain technology. Through the IPwe Platform, large enterprises, SMEs, owners, those looking to enhance their innovation profiles and those with a legal, technical or financial focus benefit from IPwe’s mission to empower innovation in emerging technologies. IPwe is committed to improving ROI whether measured by dollar returns, jobs created, ventures launched, or problems solved by increasing transparency, lowering costs and enhancing returns for the entire innovation ecosystem.

Press Contact
Mia Mixan
Head of Marketing
Metaverse Smart Pool

19 January 2022

Press Release

IPwe and Open Meta Foundation (OMF) Announce the First Metaverse Smart Pool Founder: SDK Co.

The Metaverse Smart Pool under IPwe and Open Meta Foundation enables sharing of key technologies critical to the development of the metaverse ecosystem

 Jan 19, 2022

MIAMI, FLORIDA, UNITED STATES, January 19, 2022 /EINPresswire.com/ — IPwe, Inc and Open Meta Foundation (OMF) today announced at TNABC the first commercial founder of the Metaverse Smart Pool Innovation program, global innovator SDK Co.

SDK Co. designs and builds technologies enabling personal choice by empowering users to control over their personal data. To that end, SDK Co. offers secure connected hardware and software aimed at ushering in an open web3 ecosystem.

IPwe’s Metaverse Smart Pool is an intelligent program that delivers the benefit of exponential technologies to innovators that aim to encourage adoption, maximize business opportunities, and generate a return on their investment while maintaining maximum flexibility to change direction as future business and market conditions dictate.

Smart Pools provide both patent holders (Founders) and implementers (Members) with the tools they need to make the most of their patent portfolio. By facilitating the right “Founders” for the pool with important innovations to offer the world and leveraging the IPwe Platform to offer standardized licensing terms at the lowest rates available, IPwe ensures that the Members get added benefits that help improve their innovation and protect them from abusive patent practices.

“We are honored to lead the charge on this critical category and have already established the first six commercial members to join our Metaverse Smart Pool,” stated Chris J. Snook, Chief Executive Officer of SDK Co. “Our leadership in the space has afforded us a host of innovations and deep ecosystem collaborations in the metaverse. As such we are bringing the first tranche of diverse commercial members to the Metaverse Smart Pool.”

The first six commercial members of SDK Co’s Smart Metaverse Innovation Program include Streambed Media, Open Index Protocol, Alexandria Labs, True Reply, Reblika, Victory Productions and Worre Studios. Many of these organizations were selected for their historical innovations via the Open Meta Foundation Sandcastle Accelerator, a program underwritten by SDK Co. Additional selection criteria were based on their unique technological innovations and their future impact on an equitable metaverse.

“Metaverse technology is crucial – its development and adoption should be open and encouraged and not dominated by a handful of large enterprise companies,” said Erich Spangenberg, Chief Executive Officer of IPwe. “The Smart Metaverse Innovation Program with OMF strives to encourage increased adoption of technology removing all barriers to innovation for SMEs and large enterprise so that way they all can build on each other’s technological innovations to encourage adoption and reward the innovators who invest heavily in this critical area. To that end, we are pleased to work with SDK Co. as the first commercial founder to accelerate metaverse technology adoption.”

IPwe and Open Meta Foundation first launched the Smart Metaverse Innovation Program at #CES2022.

“Open Meta Foundation exists to build open bridges to web3,” stated Cheryl K. Goodman, Chair, Innovation Council of the Open Meta Foundation. “With SDK CO as a Founder and longtime supporter of innovators, we are taking the next right step to shaping a future that’s equitably and accessible.”

To request more information on the Metaverse Smart Pool, please visit www.ipwe.com.


 

About IPwe
IPwe is the world’s first global innovation platform leveraging the power of artificial intelligence and blockchain technology. Through the IPwe Platform, large enterprises, SMEs, owners, those looking to enhance their innovation profiles and those with a legal, technical or financial focus benefit from IPwe’s mission to empower innovation in emerging technologies. IPwe is committed to improving ROI whether measured by dollar returns, jobs created, ventures launched, or problems solved by increasing transparency, lowering costs and enhancing returns for the entire innovation ecosystem.

Press Contact
Mia Mixan
Head of Marketing

Press Release

IPwe Announces the Blockchain Smart Pool

The Blockchain Innovation Program encourages adoption and innovation while protecting SMEs and other players in the Blockchain Ecosystem

 Jan 19, 2022

MIAMI, FLORIDA, UNITED STATES, January 19, 2022 /EINPresswire.com/ — At the North American Bitcoin Conference (TNABC 2022) in Miami, Florida, IPwe, Inc. announced the launch of the Blockchain Smart Pool.

Innovators who have invested heavily in blockchain technology are now facing decisions on how to encourage adoption, maximize their blockchain business opportunities and best generate a return on the investment they made in blockchain innovation. The Blockchain Smart Pool is designed to permit innovative leaders in blockchain technology to make their technology available to other participants in the blockchain industry and particularly SMEs that then can be built on and improved upon.

Many companies around the world are now looking for a concrete application of blockchain technology to their businesses. According to Deloitte, a strong acceleration of blockchain projects brought into production by companies has taken place in recent years: a jump from 23% in 2019 to 39% in 2020. 85% of executives in large organizations acknowledge the fact that their suppliers, customers and competitors are working on blockchain solutions for challenges in the value chains that now serve their organization.

IPwe realized that blockchain represents a distinct opportunity for corporations of all kinds. For SMEs, in particular, blockchain can help overcome size-related challenges, reduce transaction costs, improve efficiency in processes and quality in products, and spur innovation in business models. SMEs may expect to see a total transformation of how they do business. Thanks to IPwe, blockchain’s widespread adoption has just begun.

IPwe’s Smart Pools are formed in emerging technology areas, where adoption is in its earliest phases. This can help to build an environment of adoption, innovation, and cooperation: a single license to a broad patent portfolio that encourages implementers to adopt these new technologies. IPwe’s role in this regard is to act as the pool administrator. By facilitating the right “Founders” for the pool with important innovations to offer the world and leveraging the IPwe platform to offer standardized licensing terms at the lowest rates available, IPwe ensures that the Members get added benefits that help improve their innovation and protect them from abusive patent practices.

IPwe will be announcing the initial Founders and a multitude of Members in the coming days.

To request more information on the Blockchain Smart Pool, please visit www.ipwe.com.


 

About IPwe
IPwe is the world’s first global innovation platform leveraging the power of artificial intelligence and blockchain technology. Through the IPwe Platform, large enterprises, SMEs, owners, those looking to enhance their innovation profiles and those with a legal, technical or financial focus benefit from IPwe’s mission to empower innovation in emerging technologies. IPwe is committed to improving ROI whether measured by dollar returns, jobs created, ventures launched, or problems solved by increasing transparency, lowering costs and enhancing returns for the entire innovation ecosystem.

Press Contact
Mia Mixan
Head of Marketing
Metaverse Smart Pool

6 January 2022

Press Release

IPwe and Open Meta Foundation Announce the Smart Metaverse Innovation Program to Promote Metaverse Technology and Adoption 

IPwe’s Metaverse Smart Pool enables sharing of key technologies critical to the development of the metaverse ecosystem

 Jan 6, 2022

GEORGE TOWN, LAS VEGAS and PARIS, January 6, 2022 – IPwe and Open Meta Foundation just announced today, at the Consumer Electronics Show (CES 2022), the launch of the Smart Metaverse Innovation Program to promote metaverse technology and industry adoption. The program is designed to permit innovation leaders in metaverse technology to make their innovations available to other participants in the metaverse industry that then can be built on and improved upon.

IPwe has built the world’s first global innovation market leveraging the power of artificial intelligence and blockchain technology. Open Meta Foundation is seeking to build a more efficient, transparent, equitable and peaceful global economy through entrepreneurial ecosystems and innovation and as such has partnered with IPwe to launch the Smart Metaverse Innovation program. Part of the program includes tokenizing essential web3 patents into NFTs to enable access to web3 innovations in a transparent and accessible manner.

“IPwe believes that innovation is the key to improving the human condition. Metaverse technology is a crucial emerging technology. Its development and adoption should be open and encouraged and not dominated by a handful of large enterprise companies. IPwe’s Metaverse Smart Pool strives to encourage increased adoption of technology and remove all barriers to innovation for SMEs and large enterprise so that way they all can build on each other’s technological innovations to encourage adoption and reward the innovators who invest heavily in this critical area,” said, Erich Spangenberg, CEO of IPwe.

Open Meta Foundation exists to build open bridges to web3 and obsolete the limiting walls of web2,” stated Cheryl K. Goodman, Chair, Innovation Council of the Open Meta Foundation.  “As such, we aim to strengthen decentralized systems by provide access to key innovations and innovators. Together with IPwe,  we believe  we can shape a future that’s more equitably, honors innovation and enables individual digital rights by packaging essential web3 patents in NFTs enabling the democratization of web3.

 

To request more information on the Smart Metaverse Innovation Program, please visit [https://bit.ly/Smart-Metaverse-Innovation].

 


 

About Open Meta Foundation
We build bridges to web3 and obsolete the limiting walls of web2 in an effort to hasten the adoption of decentralized systems. Open Meta Foundation aims to shape a future that works equitably for all, honors innovation, secures individual rights, and provides increased prosperity for a broader set of humanity. We do this by providing innovation platforms, securing IP for open access and providing an onramp to AR/VR and the Metaverse for innovators. To learn more visit [https://www.openmeta.foundation/]

 

About IPwe
IPwe is the world’s first global innovation platform leveraging the power of artificial intelligence and blockchain technology. Through the IPwe Platform, large enterprises, SMEs, owners, those looking to enhance their innovation profiles and those with a legal, technical or financial focus benefit from IPwe’s mission to empower innovation in emerging technologies. IPwe is committed to improving ROI whether measured by dollar returns, jobs created, ventures launched, or problems solved by increasing transparency, lowering costs and enhancing returns for the entire innovation ecosystem.

 

Open Meta Media Contact
Cheryl Goodman

ckg@openmeta.foundation

 

SOURCE OPEN META FOUNDATION and IPWE

Press Contact
Mia Mixan
Head of Marketing

1 December 2021

Press Release

Miami, New York, and Paris, December 1, 2021:

Lavinia Meliti has been promoted to the position of Global Head of Business Development for IPwe’s worldwide operations.

As Global Head of Business Development, Lavinia will continue to pursue strategic partnership opportunities, and be the operational focal point for the company’s business development initiatives.  She is primarily responsible for the roll out of IPwe’s NFTs and Smart Pools.

“I am enthusiastic about IPwe’s future, and eager to support its evolvement from an IP information platform to an IP FinTech platform,” said Ms. Meliti. “IPwe drives innovation and changes the way people engage with IP.  In the year I have been at IPwe, I have seen us pass from the educational phase to the adoption phase and I enjoy working with some of the most innovative companies in the world to transform how they think about innovation.”

“Lavinia has been instrumental in IPwe’s growth in the past year, especially for our Smart Pools,” said Erich Spangenberg, IPwe’s CEO. “Her promotion recognizes the vital role she has played – and will continue to play – in strengthening our industry-leading position in Europe, U.S., and Asia.”

 


 

About IPwe

IPwe is quickly emerging as creating the industry standard for patent NFTs. IPwe recently announced its partnership with IBM to represent patents as non-fungible tokens (NFTs). IPwe also has a partnership with CasperLabs to further improve the patent registration process and create a chain of custody (CoC) Solution by using the Casper public blockchain to store, secure, and trace patent data, thereby creating a new approach to patent ownership verification. Patent NFTs are stored and shared on the IPwe Platform, running on the IBM Cloud and Blockchain services such as the Casper Network. IPwe anticipates tokenized IP to become commercially available in Q4 of 2021. IPwe operates in more than 50 countries with offices in Asia, Europe, North and South America. To learn more about how IPwe can provide the answers to your IP-related business decisions, Request a Demo of the IPwe Platform on www.ipwe.com.

Press Contact
Mia Mixan
Head of Marketing

30 November 2021

Press Release

President of IPwe China, Henry Wang, spoke at the ‘Operation and Development of Intellectual Property for FinTech Seminar’ in the Baoshan District of Shanghai on the ‘Challenges and Solutions Associated with Intellectual Property Backed Financing’.

Challenges and Solutions Associated with Intellectual Property Backed Financing

Mr. Wang summarized recent policies and developments of China’s intellectual property backed financing by using the opinions from Chinese government authorities, industry experts, existing practices, and government statistics. Mr. Wang further summarized the difficulties and core challenges in the practice of intellectual property backed financing in China, including:

1. Pre-loan evaluations mainly rely on experience and manpower, thus lacking necessary objective evidence. Moreover, Mr. Wang addressed that evaluations do not have an existing verification process that makes the evaluation process inefficient. Accordingly, pre-loan evaluations cannot dynamically monitor the changing value and risks of intellectual property back financing.

2. When one needs to quickly liquidate their evaluations, the vast majority of existing intellectual property transaction service platform models have fundamental flaws as they are normally bilateral rather than multilateral and lacks necessary technical support.

3. The existence of the post-processing model prevents banks from predicting and avoiding such risks in advance. Intellectual property insurance also has defects such as scarcity of products, difficulty in risk control,  and lack of global reinsurance support.

Best Practices for Intellectual Property Pledge Financing in European and American Countries 

In response to these core challenges of intellectual property backed financing in China, Mr. Wang presented IPwe‘s existing technical capabilities, such as the IPwe Platform, and IPwe’s global verification technology.

Mr. Wang especially emphasized that IPwe can empower banks through an extremely low-cost and extremely efficient artificial intelligence system, so that banks have the ability to screen pledges, and further help banks actively screen and find high-quality intellectual property loan applicants.

Mr. Wang introduced IPwe’s IP pledge financing cooperation cases with partners in different regions, including partnerships with banks, asset trading platforms, and AI technology innovation companies worldwide.

Mr. Wang also introduced the operational details of the industrial patent pools that IPwe China is working with several local governments on, which are being regarded as a valuable fundamental infrastructure to address the new challenges arising from the strategic emerging industries in China.


 

About IPwe

IPwe is quickly emerging as creating the industry standard for patent NFTs. IPwe recently announced its partnership with IBM to represent patents as non-fungible tokens (NFTs). IPwe also has a partnership with CasperLabs to further improve the patent registration process and create a chain of custody (CoC) Solution by using the Casper public blockchain to store, secure, and trace patent data, thereby creating a new approach to patent ownership verification. Patent NFTs are stored and shared on the IPwe Platform, running on the IBM Cloud and Blockchain services such as the Casper Network. IPwe anticipates tokenized IP to become commercially available in Q4 of 2021. IPwe operates in more than 50 countries with offices in Asia, Europe, North and South America. To learn more about how IPwe can provide the answers to your IP-related business decisions, Request a Demo of the IPwe Platform on www.ipwe.com.

Press Contact
Mia Mixan
Head of Marketing

16 November 2021

Press Release

Chris Joins IPwe From Lee & Hayes

Paris/New York/Shanghai, November 18, 2021: IPwe announces the appointment of J. Christopher Lynch as General Counsel. Mr. Lynch is a licensed patent attorney and comes to IPwe as a partner from Lee & Hayes, one of the world’s leading intellectual property law firms.

Chris has enjoyed three decades of work commercializing intellectual property assets. He has broad, diverse intellectual property experience, including as legal counsel in the formation of the Bluetooth Special Interest Group, and in eliminating abusive copyright trolling in Washington state. Chris’ expertise is formulating sensible intellectual property strategies for otherwise complex relationships. He is an adjunct professor of law at Gonzaga University Law School and University of Idaho College Law, having taught specialty intellectual property courses for over thirty years.

“I am impressed with IPwe’s systems for bringing more certainty into intellectual property commercialization,” Lynch said. “IPwe’s systems will allow more technologies to be more broadly implemented in intellectual property, benefitting everyone.”

“Chris is a tremendous addition to the IPwe Team” stated CEO of IPwe Erich Spangenberg.  “After two years of building our IP answers and transaction platform, IPwe is entering the revenue building phase in which Chris will play a critical role.  We interviewed many candidates and Chris impressed us all with his extensive experience, desire and ability to lead in this key role.”

 


 

About IPwe

IPwe is quickly emerging as creating the industry standard for patent NFTs. IPwe recently announced its partnership with IBM to represent patents as non-fungible tokens (NFTs). IPwe also has a partnership with CasperLabs to further improve the patent registration process and create a chain of custody (CoC) Solution by using the Casper public blockchain to store, secure, and trace patent data, thereby creating a new approach to patent ownership verification. Patent NFTs are stored and shared on the IPwe Platform, running on the IBM Cloud and Blockchain services such as the Casper Network. IPwe anticipates tokenized IP to become commercially available in Q4 of 2021. IPwe operates in more than 50 countries with offices in Asia, Europe, North and South America. To learn more about how IPwe can provide the answers to your IP-related business decisions, Request a Demo of the IPwe Platform on www.ipwe.com.

Press Contact
Mia Mixan
Head of Marketing
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