Patent Attorney and Founder
Hi I’m JD Houvener and welcome to the bold Today Show were you the inventor entrepreneur and business owner get your daily dose of inspiration to make the world a better place we’re in our blockchain theme and what comes to mind when you have finally made the decision to invest a good chunk of money into the crypto currency of your choice right think bitcoin litecoin some these other aetherium right well of course it’s sort of this worry that cash stole things in a crash or what’s what else that might get hacked okay hacking and security is a huge risk right you’re sort of dealing with this currency you can’t touch and feel you can’t just go down to the corner bank and take out some money if you want you’re relying on this system and you’ve got to be even if you’re not noticing the fact that there’s a risk to hackers you’re not noticing it on you’re not paying attention you can breathe a little easier once we look at this patent of the day alright this patent right here is about and there are many of these that protect information on the blockchain okay this is to prevent hackers from getting into the ledger and basically reallocating amounts reconfiguring and trying to recreate this history fake history to document it this patent forts that and it constantly analyzes and ledger entries and compares them to the same ledger entry point in the future to make sure that those are validated and are the equivalent so the history is still the history so no one else can come in there and change the ledger after the fact patents like these help me breathe easier and help us all feel better about incorporating a blockchain and a cryptocurrency strategy for our personal lives I want to focus on a point about this application here and the patent right is what I want to look at here this part of the patent is in the first page you can see the the priority date is actually to a European EPC in parentheses European Patent back in 2015 this was an international application as many applications are that then after filing in the European country European Union filed in the US and they were able to get priority back to that early filing date that was done overseas international applications usually take benefit of the patent cooperation treaty and we can check out more details about that in a future fold today’s show I just wanted to let you know that it’s important to get familiar with these aspects of a patent have issued patent and an application so you can do a search in this area of technology is moving so quickly doing your own search is usually quite difficult and it’s usually beneficial to seek out a patent attorney to help you with the detailed patentability search because everything is changing so quickly if you like our help you know how to get a hold of us the information will be at the end of this bold Today Show so please share this information with anyone you have might need it and I hope you enjoyed this session today I hope you look wonderful day everybody go big go bold
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