Curated News
By: NewsRamp Editorial Staff
April 23, 2025
Instant IP™: Solving The IP Dam Dilemma with Blockchain Technology
TLDR
- Instant IP™ offers a one-click solution for fast and affordable intellectual property protection, giving entrepreneurs a competitive edge.
- Instant IP™ turns any text, file, or image into a smart contract on the blockchain, providing immediate proof of ownership in under three minutes.
- Instant IP™ empowers creators to protect their ideas instantly, fostering innovation and preventing intellectual property theft for a better future.
- Witness the revolution in intellectual property protection with Instant IP™, a digital asset turning ideas into smart contracts in just one minute.
Impact - Why it Matters
The news sheds light on the critical issue of patent delays and rising legal costs, hindering innovation and exposing creators to risks of idea theft. Instant IP™ offers a fast, affordable, and court-admissible solution to protect intellectual property instantly, empowering entrepreneurs and innovators to secure proof of ownership within minutes. In a rapidly evolving technological landscape, this innovation is crucial for safeguarding ideas and fostering continued progress.
Summary
Over 800,000 patents are backlogged at the USPTO, highlighting 'The IP Dam Dilemma' caused by slow processing times and high costs. Bold Patents® reports an 86% first-time rejection rate, with the average patent process costing $20,000 to $60,000 and taking years to complete. The current IP protection system, designed for physical blueprints, is struggling to keep up with the rapid pace of digital innovation across AI, robotics, biotech, and energy technology.
Source Statement
This curated news summary relied on this press release disributed by 24-7 Press Release. Read the source press release here, Instant IP™: Solving The IP Dam Dilemma with Blockchain Technology
