LOCI – A Marketplace Built for Ideas

  Biz Report

LOCI’s web applications are interrupting the global patent system and unlocking innovation by implementing blockchain technology to empower aspiring inventors to search, analyze, protect, and monetize their ideas without requiring them to initially seek an expensive and time-consuming patent.

Let’s say an inventor has an idea, but can’t afford to run a professional patent search which often costs $2,000 or more. Someone who wants to see how much their patent would cost for an idea can input the information to LOCISearch.com. They’ll then use LOCI’s Invention Analysis to tweak their idea until it receives an optimal LOCI Score, demonstrating that the idea is unique and more than likely patentable.

LOCI’s legal team then assists in filing a Patent application in addition to staking their idea on the Ethereum Blockchain. The idea can then be listed and sold on the LOCI Marketplace without the inventor needing to spend a large amount of time and energy traditionally needing to get the full patent.

LOCI has built a marketplace for ideas. Have an idea? Analyze and monetize your idea today by heading to locisearch.com.

Also visit loci.io to learn more.

Advertisements

About NewsWatch Television
NewsWatch is your trusted source for breaking consumer, technology, and travel news.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: