Senin, 23 Juli 2018

USAT: New Model Of Patent Registration and Distribution Based on the Blockchain technology

Humanity has progressed by the ideas and inventions of brave institutions and individuals. Those are the people, who defied orthodoxy and paved way for radical thinking. Intellectual property rights in many countries are in a dismal state indicating the utter lack of carelessness, which is bestowed upon the original thinkers and innovators. In the age of digital technology, people are more curious than ever.
Researching, and finding our way to the top is one of many ways to leave a permanent mark on humanity. But, the challenges related to the field has to be overcome for the ultimate open environment of innovation and invention. Giving people a chance to think independently while keeping their intellectual property rights intact would be the sustainable path forward.
Solution Offered
The United Scientists Association of Technology is the not for profit organization working to improve the situation of the intellectual property rights. It has decided to bring blockchain technology into the world of intellectual property rights. Patents and trade secrets stored in the repository will be distributed with the help of smart contract technology. USAT Token is utilized on the platform for the various transactions purposes. Many new patents are continuously being added to the repository of the platform.

It aims to become the transparent and reliable platform where inventors collaborate and store their inventions. Different revenue generations schemes are being employed by the platform with the help of marketing in terms of licensing and distribution of the patents. They have also mentioned the description of the patents currently owned by the team.
ICO INFORMATION AND TEAM
381,250,000 USAT Tokens are created for the project in which 50% of the total tokens will be distributed in ICO. The token sale is currently live on the platform until 14^th^ June 2018. 67% of the funds are utilized for the product development while 20% of the total funds are utilized on the USAT platform. The team working on the project is experienced and committed.
Conclusion
Bequeathing orthodoxy, and bringing liberal views into the creation of a new society that is based on scientific reasoning rather than blind faith should be the aim of the humanity. Inventors and Innovators never sit and cry over the absence of resources and environment rather they bring innovative thinking and unique approach towards problems solving. Do you think they will be able to bring revolution in the patent registration and distribution in a transparent manner?
Website- http://usat.io/

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