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Simplifying Software, SaaS, AI, ML, Emerging Tech, Web3.0, Blockchain & Data Science | PhD Research @SSBM Geneva | Trademark & Patent Valuation | Brand Valuations, M&A Consulting & Corporate Trainings

Blockchain Basics and Blockchain Patents: Blockchain can be understood as a database which is shared across various members and each member holds an identical record of the blockchain database at a particular instant of time. Essential characteristics of blockchain are: 1. Blockchain is cryptographically secured 2. Blockchain is a distributed ledger 3. Blockchain is a digital database of transactions 4. Blockchain is shared either as a public or a private network Various Blockchain innovations are protected by way of patents. One such example is Nasdaq’s patent application titled “Systems and methods of blockchain transaction recordation” published as US20160292672, which discloses a computer system that communicates with a distributed blockchain computing system that includes multiple computing nodes. #innovation #technology #law #intellectualproperty #data #bigdata #blockchain

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Rahul Dev

Simplifying Software, SaaS, AI, ML, Emerging Tech, Web3.0, Blockchain & Data Science | PhD Research @SSBM Geneva | Trademark & Patent Valuation | Brand Valuations, M&A Consulting & Corporate Trainings

5y

Thanks Shagun Bhadana. Glad you found it informative

Shagun Bhadana

Indian National Congress Candidate for MCD Elections 2022 | Legal Professional | Social Activist | IPR | Sports Law | Media and Entertainment Laws | General Litigation

5y

This is a really informative post, Sir. Thank you!

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