IPwe Patent Sale

Buying and selling patents does not need to be a complex endeavor. IPwe can make it simpler, faster and far less expensive to purchase or sell patents.

Executive Summary

The process from identification of appropriate sale and purchase candidates to recording the assignment currently takes significant internal resources, time and capital that limit
opportunities. Intermediaries are often engaged and spend time on low value endeavors instead of delivering high value services their clients want, that results in further delays and expense.

Given the scarce resources of time and capital, IPwe leverages smart contracts and artificial intelligence (AI) to introduce a transaction platform where patent sellers and buyers can execute transactions in a digital and secure environment and intermediaries can deliver the highest value services.

IPwe recognizes that not all patent sale transactions will occur in the efficiency of an electronic environment. Some patent transactions still require in-person negotiations and complexities, but our platform addresses the vast majority of patent transactions that can leverage AI and blockchain powered patent assessment, smart contracts and efficiencies that facilitate transactions that require fewer resources.

Benefits

A predictable and extremely low cost of transaction


A set of no cost AI enabled analytic tools


A set of features designed to make the process less resource intensive


Patent Seller sells patents to Patent Acquirer

Patent Seller receives funds for the sale

Patent Offices receive the assignment information

The Global Patent Registry is updated

Smart contracts govern:
• Identification of patents and title update
• Automatic execution, including payment and reversion on default
• Terms of License
• Whether any terms are made public

IPwe Platform provides:
• Update to Global Patent Registry
• Analysis
• Annuity Payment
• Title Verification
• Reporting
• IPwe Smart Contracts
• Transactional support

THE IPwe PLATFORM IS INNOVATING THE WAY PATENTS ARE SOLD AND PURCHASED:

How does IPwe expedite the transaction process and reduce the resources required to complete a transaction?

Transaction Step
Today
IPwe

Identification of patents Seller desires to sell

Tends to be a “reactive” process and largely manual process based on changes in business and views on core and non-core patent assets

AI assisted process where you can become more proactive and stay on top of sale candidates with fewer resources

  • AI assists in identification
  • Summary information can be quickly assembled for all internal approvals

Identification of patents a Buyer may desire to acquire

Largely a manual process where the potential buyer must research and identify potential acquisition candidate

AI assisted process where you can quickly identify potential acquisition candidates and complete a high-level review of their attributes in a fraction of the time

  • AI assists in identification
  • Summary information on coverage, relevancy, validity and valuation is readily available

Seller diligence

    • • Title
    • • Entire family
    • • Encumbrances
    • • Maintenance fees
    • • Other low-level DD

 

A manual process

Other than encumbrances, an AI driven
process

Buyer diligence

    • • Validity
    • • Annuity Budgeting
    • • Relevance
    • • Title
    • • Entire Family
    • • Maintenance fees paid
    • • Encumbrances
    • • Other low-level DD

 

A manual process

Other than encumbrances, an AI driven
process

Data Room

To be set up manually

Part of the IPwe Platform

Contract preparation

A manual process

IPwe provides the ability to use both standard
agreements and a seller’s preferred form

Payment Processing

Parties have to organize invoicing
and order a wire payment and check
its proper execution

IPwe Platform invoices, processes payment
and automates patent assignment upon payment receipt

Patent Office Recordings

Tedious and expensive process to record assignments at offices

Fully automated process at low cost

Contract Compliance

Contract includes only non-selfexecuting
provisions

Automated tracking of payments and
execution of what the contract commands pursuant to smart contracts

Contract Management

Up to parties to manually store
contracts

IPwe provides parties with a life-long contract
repository only accessible to individuals/roles
previously allowed

Annuity Payment

Engage with patent attorney or
annuity payment systems providers
to pay annuity for the newly acquired
portfolio

IPwe offers integrated annuity payment
functions (Fees apply – Cf. IPwe Annuity
Payment)

Patents Offered for Sale or License

Shop for patents. Here's a list of recent patents to hit the market.

Browse Patents

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