Ant Chain’s blockchain application patent is authorized by the state, which can reduce the cost of IP procurement for small and medium-sized businesses

Babbitt News, recently, according to the incoPat patent database, a patent titled “A Method for Applying for Digital Assets Corresponding to Intellectual Property Rights” was authorized by the State Intellectual Property Office. The patent proposes a new IP authorization model of “authorization by volume”, which provides a feasible path for small and medium-sized businesses to use IP at a low cost. It is reported that the patent application was led by AntChain.

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