Hi everyone I’m JD Houvener your host to the bold today’s show where you the inventor and entrepreneur gives you a daily dose of inspiration to make the world a better place we’re still in there blockchain theme all right and this is day two I wanted to check on you did you get to sign up for crypto startup Academy if you didn’t please follow up and do that I’m just getting started and it’s pretty exciting as I get to learn more about financial investing and avoiding making it just speculative you know the last thing I wanted to do is get into a new financial situation where you’re you know just jumping money in without being knowledgeable crypto startup academy calm that’s the place that go check it out your challenge today is to think about cryptocurrency and how it’s gonna affect your industry okay and look at the blockchain it as a whole blockchain technology can validate third party transactions this can go financial this could be discussing distribution of goods across countries or across state lines so think about the blockchain and maybe cryptocurrency and how that’s going to apply to your industry or your technology today I want to talk about this patent right here this one as you can see it talks about the profile right an online profile of someone that’s you know looking to interact with at least one other person online this is a patent that protects via business method in a computerized business method for validating a person’s profile right all the different things that make up your profile think of you know any of these dating websites or Facebook right you put a lot of information in about your age your sex the type of family you have religion types of books you like who knows right lots of different formation that makes up who you are with this what does patent has issued got grant on is the verification right so using the blockchain publishing all that data to the blockchain and all these other sources validate that information so in essence this could be used as a total truth be told all profile website very intriguing right now also in this part the section I wanted to go talk about the legal point of view when it comes to computer implemented inventions software right the section 35 USC section 112 requires that in the written description that you fully enable the invention and describe how this would work in functional terms so usually words alone don’t quite cut it because when you’re talking about claiming a computer business method you’ve got to go to show very clearly what the steps are and so the drawings as you can see right here is usually a simple flowchart okay so it’s boxes with an arrow boxes with an arrow step 1 step 2 step 3 walking the examiner and the general public through how each step of the process would work sure there’s going to be present date RAM and circuitry electric the motherboard Wi-Fi or broadband Internet to bring that communication together but what’s novel is what information is being traveled along the way what functional step is being carried through and that’s what’s required under patent law so almost every computer implanted invention you’re gonna see a flowchart alright well please do think about your industry think about how this type of technology is going to implement be implemented in the future and how it’s going to change your perspective thanks for tuning in to the bolt today show hope you all had a good time I’m JD Houvener go big go bold [Music]
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