IBM and IPwe want to issue patents as NFTs and make them easier to monetize
By Jozef in Business
Updated 3 years ago
The company is working with IPwe to tokenize intellectual property and store the information on a blockchain network. IBM and IPwe are building the infrastructure to turn patents into non-fungible tokens and store the records on a blockchain network. This approach will make it easier for patents to be sold, traded and commercialized by investors and innovators, according to a press release from the companies.