The first patent marketplace built on blockchain and powered by AI
IPwe’s Smart Transactions is a global marketplace for patents operated through our Smart Intangible Asset Management platform built on blockchain technology that leverages the power of artificial intelligence, predictive analytics, smart contracts, and IPwe Digital Assets to reduce the time and cost of patent buyers and sellers, licensors, licensees, and commercial partners to complete transactions.
The Smart Transactions Difference
IPwe Digital Assets are simply NFTs — a digital encapsulation of pertinent information about IP stored securely on the blockchain. Minting IPwe Digital Assets on the blockchain makes it easier to identify, track, develop, license, commercialize and transact IP.
IPwe adds critical public data about your patents from Clarivate’s database to initially mint each IPwe Digital Asset. Then, Smart Intangible Asset Management subscribers can add private data, such as the licensing, prosecution, assertion and transaction history, to the NFT. This process allows IPwe Digital Assets to provide IPwe users with a single verified record of all private and public patent data for each asset, enabling them to transact on the Smart Transactions Marketplace.
The heart of our Smart Intangible Asset Management platform is our artificial intelligence. It has been developed over the past 15 years, is backed by Clarivate’s curated IP database, and has proven its value by generating over $500 million of licensing revenue and $2B in patent funding. Our proprietary artificial intelligence initially evaluates key attributes of the patent based on publicly available information and makes this assessment available on each IPwe Digital Asset minted.
The Smart Intangible Asset Management platform’s predictive analytics evaluate the assets listed on the Smart Transactions Marketplace to help you identify which assets listed best meet your acquisition, licensing, or commercial requirements.
Our Expertise in IP Transactions
Our Monetization Background
The IPwe Team has an outstanding reputation in patent monetization due to our combined decades of experience. People frequently recognize IPwe for popularizing the term “patent monetization.”
The IPwe Team
Erich Spangenberg is a pioneer and leader in patent monetization, both as a principal and an owner
As the former Director of Patent Licensing at IBM, Leann Pinto personally generated over $150 million in revenue and became an expert in patents and their monetization for large enterprises.
Smart Transaction's Features
The Smart Transactions Marketplace is built on blockchain and powered by artificial intelligence, enabling it to uniquely have the following features:
Quality and Validity Scores
Our powerful AI generates an analysis on a scale from 0 to 100 to evaluate the quality and validity of each patent. These Quality and Validity scores are determined by evaluating the asset’s relevance (Quality Score) and scanning Prior Art to determine the likelihood of the asset being invalidated (Validity Score).
IPwe Digital Assets - Patent NFTs
With the lack of transparency and standardization in the IP space, it can be difficult for buyers and sellers to accurately assess the value of a patent and negotiate fair terms for a transaction. Additionally, there are often long delays and high costs associated with the patent transaction process, which can deter potential buyers and sellers from participating in the market.
IPwe Digital Assets are simply non-fungible tokens (NFTs) that store IP data, reducing the typical transaction costs and time associated with licensing and selling your IP because of our blockchain’s automatic and secure transaction processes.
Recommended Patent Transaction Strategies
Unlike other IP marketplaces, when sellers unlock their IPwe Digital Assets, patent NFTs, through IPwe’s Smart Intangible Asset Management platform, they can choose to list their patents on Smart Transactions for sale or license while our AI technology also identifies any other transaction opportunities the patent may have, including bundling, Smart Pooling, bilateral licensing campaigns, and using patents as loan collateral through IPwe’s Smart Lending.
Start Generating an ROI on Your Patents
Join the Smart Transactions Marketplace
Generating ROI on your patents by providing basic information about them.
IPwe’s Smart Transaction Technology and Team Analyzes Your Patents
IPwe’s AI and expert team evaluates your patents for listing and identifies those with the best monetization potential.
Unlock Your IPwe Digital Assets
Unlock patents as IPwe Digital Assets to list them for sale or license on the marketplace.
Sell and License Patents
Start Buying Patents
Join the Smart Transactions MarketplaceProvide basic information about your business and your interest in transacting on the Smart Transactions Marketplace.
Receive AI-Powered RecommendationsIPwe's advanced AI and our in-house expert team will determine which listed patents or licenses on the Smart Transactions Marketplace are the most valuable and relevant for your business.
Buy and License PatentsBuying and licensing through our marketplace is faster and more cost-effective because of our blockchain’s automatic and secure transaction processes.
Frequently Asked Questions
It is free to list a patent on the Smart Transactions Marketplace.
Yes, but a Smart Intangible Asset Management platform subscription is required for those that wish to access data-driven insights before listing.
Yes, non-Smart Intangible Asset Management platform users can buy or license patents on the Smart Transactions Marketplace.
The Smart Transactions Marketplace is a powerful tool for small businesses and innovators that want to sell or buy IP without spending extensive resources. Accordingly, IPwe's advanced AI and our in-house experts can provide you with further information about smartly managing your intangible assets before selling or buying. We can provide the resources you need to complete a transaction if you are a SIAM platform user.
Our marketplace is a powerful tool for businesses to sell or license underutilized IP efficiently and at a low cost.
Buying and licensing through our marketplace is faster and more cost-effective because of our blockchain’s automatic and secure transaction processes. Accordingly, it is free to list or browse opportunities on the Smart Transactions Marketplace.
IPwe has tokenized every patent registered in the world into patent NFTs. Therefore ‘unlocking’ an IPwe Digital Asset means you are claiming the patents that you own, that we have already tokenized. Unlocking your IPwe Digital Asset lets you add private information about the patent to NFT and visualize the patent valuation and other advanced data associated with the asset.