Patent Attorney and Founder
Hi everyone, I’m J.D. Houvener, your host for the Bold Today Show, where you, the inventor and entrepreneur, get a daily dose of inspiration to make the world a better place. We’re still in the blockchain theme, 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 just jumping money in without being knowledgeable. CryptoStartupAcademy.com – that’s the place to go, check it out.
Your challenge today is to think about cryptocurrency and how it’s gonna affect your industry. Look at the blockchain 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. As you can see, it talks about the profile – an online profile of someone that’s looking to interact with at least one other person online. This is a patent that protects, via business method, a computerized business method for validating a person’s profile – all the different things that make up your profile. Think of any of these dating websites or Facebook. You put a lot of information about your age, your sex, the type of family you have, religion, types of books you like, who knows, right? Lots of different information that makes up who you are. What this patent has issued, got a grant on, is the verification. So, using the blockchain, publishing all that data to the blockchain and all these other sources validate that information. 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. Section 35 USC Section 112 requires that in the written description, 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 show very clearly what the steps are. And so, the drawings, as you can see right here, are 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 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-implemented invention you’re gonna see a flowchart.
Well, please do think about your industry, think about how this type of technology is going to be implemented in the future, and how it’s going to change your perspective. Thanks for tuning in to the Bold Today Show. Hope you all had a good time. I’m J.D. Houvener, go big, go bold at BoldIP.com.