NFT technology will allow patents to evolve. It seems like NFTs are an unstoppable force at the moment. Google searches for NFT have reached an all-time high. In addition, more and more sectors are discovering blockchain technology and the many uses it has.
The patent industry is the latest to enter the NFT sector. There are several ways in which the patent industry can capitalize on blockchain technology. Patents for NFT use can help with mapping biodiversity and advancing medical science.
A patent is a form of incorporeal right. Essentially, this means that a patent gives you rights to property that can't be seen or touched. Patents are proveably unique, much like an NFT.
Patent grants require full public information disclosure. However, the patent grant... Read more
