Patents by Inventor ERICH LAWSON SPANGENBERG

ERICH LAWSON SPANGENBERG has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Patent number: 11947605
    Abstract: A system and method for a patent search and analytics software tool that finds prior art for each claim limitation/element by breaking up claims into individual claim limitations. Once the claims are separated, the system finds the best prior art for each of the individual separate, different claim limitations/elements. Additionally, the software finds the best prior art for entire claims, including non-patent literature (NPL) searching. The system takes into account the limitations of the claim under consideration (query claim of query patent), the text of the art, the link structure of the citation network, and the patent classification and then constructs a network that consists of two types of nodes: (i) the art (patents and non-patent literature) and the (ii) classes of the patent classification. Each art node is linked to all the art nodes that it cites and is linked to all the classification nodes that it belongs to.
    Type: Grant
    Filed: October 22, 2021
    Date of Patent: April 2, 2024
    Inventors: Erich Lawson Spangenberg, Daniel Lawrence Bork, Pascal Asselot, Brian Joshua Berman, George Karypis
  • Publication number: 20230410233
    Abstract: The analytics embodiment uses artificial intelligence (AI), machine learning, predictive analytics and computerized analytics. The analytics embodiment generates patent analytics and intelligence to analyze and value patents. The analytics embodiment can have smartphone applications. Smartphone applications can provide notifications, alerts, reminders, etc. Smartphone applications can include key features, including navigation tools. The analytics embodiment can have a social media feature, so users can connect with each other (as in Facebook, LinkedIn, etc.) and/or follow other users (like in Twitter, LinkedIn and Medium). The analytics embodiment will facilitate crowdsource functionality for validity, relevance and valuation. A corresponding IP platform could allow startups to partner with big companies, to get mentorship and industry partnerships. This can help the startups with connections and eventually get acquired. This is common at incubators/accelerators.
    Type: Application
    Filed: March 27, 2023
    Publication date: December 21, 2023
    Inventors: ERICH LAWSON SPANGENBERG, DANIEL LAWRENCE BORK, PASCAL ASSELOT, BRIAN JOSHUA BERMAN
  • Publication number: 20230377074
    Abstract: Patents are important innovation assets and can provide an array of insights into their owners' resilience towards changing markets, and their owners' potential to build and maintain competitive edges on the current markets. Yet, patents do not play an important role on the company balance sheet. In fact, the value of the vast majority of patents is never assessed. With growing global rates for intangible value, the minimum value encompassed in patents needs to be revealed to make patent value and patent positions quantifiable. This paper discusses a novel and fully automated income-based valuation approach for the world's patents, aiming to serve as a quick, robust, standardized and scalable benchmark for financial analysis. The approach leverages exponential technologies to safeguard that all patents are undergoing the same degree of review even if millions of documents are assessed in parallel.
    Type: Application
    Filed: March 1, 2023
    Publication date: November 23, 2023
    Inventors: Jonas Block, Luis Soriano Valdes, Erich Lawson Spangenberg
  • Publication number: 20230325821
    Abstract: The present invention is a system and method for the purchase of a physical athletic jersey and its associated NFT and how it could be implemented in both the physical world and the Metaverse. Within the Metaverse, the consumer's avatar wears the jersey and can attend virtual social events to increase the value and price of the NFT. Once the NFT is developed, it can be sold and licensed. Within the physical world, the NFT can be shown at participating venues for the consumer to receive promotions or discounts. Along with the physical jersey and NFT is a corresponding insurance policy, which ensures that if the player associated with the jersey and NFT is traded or switches teams, the consumer can receive either a new player's jersey on the same team or the original player's jersey on the new team.
    Type: Application
    Filed: March 2, 2023
    Publication date: October 12, 2023
    Inventors: Jonathan Honig, Erich Lawson Spangenberg
  • Publication number: 20230260026
    Abstract: The present invention is a system and method of patent tokenization that provides solutions to the limitations and drawbacks of the current patent system. The present invention implements a procedure to limit exposure and unlock new revenue opportunities through tokenization. The present invention uses blockchain technology to track chain of title, provenance, and can capture and enforce all transactions and encumbrances through smart contracts. Access to this data enables the present invention to introduce additional liquidity into the asset class by tokenizing the backend of relevant transactions, such as patent licenses, patent lending, etc. The present invention applies blockchain technology at the patent market level to transform how IP assets are obtained, managed and transacted. Permissioned Blockchain allows multiple competing parties to operate from the same common database without revealing their data, resulting in increased trust, control and privacy in the transactional process.
    Type: Application
    Filed: January 5, 2023
    Publication date: August 17, 2023
    Inventor: Erich Lawson Spangenberg
  • Publication number: 20230229716
    Abstract: We are tokenizing patent ownership. This opens up transactions that simply are not possible today. The special purpose vehicle (SPV) is like a ‘trust’ that exists to hold and execute the patent transactions on the owner side without the owner being involved. The smart contract has self-executing elements and handles trust issues. The invention utilizes artificial intelligence (AI).
    Type: Application
    Filed: November 30, 2022
    Publication date: July 20, 2023
    Inventors: ERICH LAWSON SPANGENBERG, DANIEL LAWRENCE BORK, PASCAL ASSELOT
  • Publication number: 20230230186
    Abstract: The invention relates to maturable non-fungible tokens and interoperable IP tokens transacted on an information, network, financing, commercialization and monetization platform that leverages the efficiency of artificial intelligence and decentralization to increase global innovation by individual, small and medium sized innovators and encourages global adoption by providing access to information, analytics, capital, resources, a trusted network and global partners. The invention relates to a method to establish a maturable non-fungible token recorded on a blockchain and referencing an extendable chain of custody, and to allocate intellectual property (“IP”) rights reliably, clearly, and in an interoperable manner to any non-fungible token recorded on a blockchain, independent of its origin of creation.
    Type: Application
    Filed: November 28, 2022
    Publication date: July 20, 2023
    Inventors: Erich Lawson Spangenberg, Jonas Block, Daniel Lawrence Bork
  • Publication number: 20230230185
    Abstract: The present invention is a system and method for an information, network, financing, commercialization, and monetization platform that promotes global innovation discovery, commercialization and adoption by individuals, small, and medium sized innovators. The present invention leverages the efficiency of artificial intelligence and decentralization to increase global innovation by individual, small and medium sized innovators and encourages global adoption by providing access to information, analytics, capital, resources, a trusted network, and global partners. The present invention is a platform that offers a token that is released to the innovator based on the quality and rating of their innovation that can then be used by the innovator to develop, commercialize, and promote adoption of their innovation. The present invention is driven by proprietary Artificial Intelligence and blockchain technologies.
    Type: Application
    Filed: November 11, 2022
    Publication date: July 20, 2023
    Inventor: Erich Lawson Spangenberg
  • Publication number: 20230186418
    Abstract: The present invention is a system and method that applies Ricardian Contract Principles to agreements. Ricardian contracts are designed for the hyper ledger, and are comprised of three main components: contract, metadata, and ledger. The present invention collects data from a confidentiality agreement, and can draft the agreement to ensure high accuracy in data extraction. Contract terms can be organized in a hierarchy of importance that ranks contract statement in the general order, such as: obligations; restrictions; rights; and conditional statements. The present invention tracks episodic and conditional terms, such as a monthly payment or a disclosure requiring notification. The present invention connects agreement terms to an immutable contract ledger. A ledger of contract statements associated with the events or circumstances triggering such contract obligations, restrictions, and rights processed by an immutable historical log recording all events.
    Type: Application
    Filed: October 22, 2022
    Publication date: June 15, 2023
    Inventors: Erich Lawson Spangenberg, Kingsley Martin
  • Publication number: 20230177629
    Abstract: The invention is a platform for various patent related activities, including the budgeting and payment of annuity payments associated with various patent offices. The platform provides a network for uploading patent information and providing, among other things, budgets, multi-currency payment of options, and reminders for annuity payments. An AI component provides metrics on the necessity for payment certain patent annuities.
    Type: Application
    Filed: November 15, 2022
    Publication date: June 8, 2023
    Inventors: ERICH LAWSON SPANGENBERG, DANIEL LAWRENCE BORK, PASCAL ASSELOT
  • Publication number: 20230179419
    Abstract: The present invention is a system and method of tokenization, functioning as a distribution model for IP title and validity insurance. The present invention provides numerous solutions to problems associated with current IP ownership models, including the ability to have divisible ownership of IP. Through divisible ownership, applicants or inventors are able to buy and sell interests in the IP at any time. Additional solutions offered by the present invention include: title and validity insurance that can be based on machine metrics; simplified financing; facilitating cooperation between multiple parties for IP development; and a streamlined user friendly IP transactional platform. The present invention offers securitization & digitization of the IP space, which will allow organizations to maximize monetization of their IP and facilitate transactions through increased transparency & streamlined contractual processes.
    Type: Application
    Filed: October 22, 2022
    Publication date: June 8, 2023
    Inventor: Erich Lawson Spangenberg
  • Publication number: 20230177480
    Abstract: A system and method which assesses for stakeholders or ownership holders in intangible property is disclosed, which utilizes tokens such as NFTs (non-fungible tokens) to represent ownership of unique stakes in intellectual property. The present invention provides an automated valuation of patents to assist with transfer pricing, by utilizing NFTs. This is not limited to patents, and can cover all transfer pricing (not limited to IP) utilizing NFTs, including all kinds of royalties. The present invention can apply to IP transactions, such as patent transactions. The present invention can authenticate those who are initiating the transfer, along with providing a hierarchical approval from supervisors and executives. In another embodiment, the present invention can include automated transfer pricing and automated IP valuation. However, manual IP valuation could also be used. The present invention is an automated valuation solution, as well as a joint automated and manual valuation solution.
    Type: Application
    Filed: October 22, 2022
    Publication date: June 8, 2023
    Inventors: Erich Lawson Spangenberg, BRADLEY NOLAN ROTTER, BRIAN JOSHUA BERMAN
  • Publication number: 20230122496
    Abstract: The invention deals with defensive patent aggregation, partnering with an original equipment manufacturer (OEM) to create an independent buyer of IP assets focused on technology domains that are highly relevant to OEMs and Suppliers. A special purpose vehicle (SPV) is used as a ‘trust’ that exists to hold and execute the patent transactions on the owner side without the owner being involved. The smart contract has self-executing elements and handles trust issues. The invention utilizes artificial intelligence (AI). The defensive patent aggregation is not limited to a specific industry and can be used in any technology industry.
    Type: Application
    Filed: August 26, 2022
    Publication date: April 20, 2023
    Inventors: ERICH LAWSON SPANGENBERG, PASCAL ASSELOT
  • Publication number: 20230113947
    Abstract: The invention is a patent risk management system, to control patent prosecution costs. There will be different kinds of patent insurance: 1. Patent application insurance and 2. Patent Issuance Insurance. The amount of the fee paid by Applicant is not fixed. This amount is flexible, based on how much insurance protection the Applicant wants.
    Type: Application
    Filed: September 2, 2022
    Publication date: April 13, 2023
    Inventors: Erich Lawson Spangenberg, Daniel Lawrence Bork, Pascal Asselot, Brian Joshua Berman
  • Publication number: 20230098169
    Abstract: The present invention discloses a method by which a secure ledger network is deployed to provide assurance related to title of IP assets. Specifically, the invention seeks to improve the risk associated with IP based transactions and reduce the time related to researching color of title related to the same.
    Type: Application
    Filed: June 26, 2022
    Publication date: March 30, 2023
    Inventors: ERICH LAWSON SPANGENBERG, DANIEL LAWRENCE BORK, PASCAL ASSELOT
  • Publication number: 20230079713
    Abstract: The present invention envisions a comprehensive platform (the “IPwe Platform”) that utilizes blockchain and smart contracts to address and improve upon the significant deficiencies that currently exist in the global IP market (patents, trademarks, copyrights, etc.). The objective of the IPwe Platform is creating transparency in (i) patent ownership, (ii) patent identification and (iii) patent coverage and value. In addition, by providing the network, a guaranteed buy program can be initiated that provides specific guaranteed value to intellectual property assets listed by verified brokers.
    Type: Application
    Filed: June 26, 2022
    Publication date: March 16, 2023
    Inventors: ERICH LAWSON SPANGENBERG, DANIEL LAWRENCE BORK, PASCAL ASSELOT, BRIAN JOSHUA BERMAN
  • Publication number: 20230083351
    Abstract: The present invention discloses a method by which a secure ledger network is deployed to provide assurance related to title of IP assets. Specifically, the invention seeks to improve the risk associated with IP based transactions and reduce the time related to researching color of title related to the same.
    Type: Application
    Filed: June 26, 2022
    Publication date: March 16, 2023
    Inventors: ERICH LAWSON SPANGENBERG, DANIEL LAWRENCE BORK, PASCAL ASSELOT
  • Publication number: 20230044901
    Abstract: A system and method which assesses for stakeholders or ownership holders in intangible property (such as patent owners, licensees, lien holders, fractional-ownership holders, etc.) is disclosed, which utilize tokens such as NFTs (non-fungible tokens) to represent ownership of unique stakes in intellectual property. NFTs lend themselves to trading via any single or multiple blockchains and/or databases (for example, an Ethereum blockchain), whereby stakeholders are provided assurance that such intangibles have clear title and relative valuation, are not subject to potential adverse proceedings, and/or are valid and enforceable. The invention may use a blockchain for accessing data a way to insure marketable title with certain valuation as to the tokenized intellectual property right for trading, taking into account ownership and control variables, including fractional interests. potential joint inventorship and other encumbrances.
    Type: Application
    Filed: April 17, 2022
    Publication date: February 9, 2023
    Inventor: Erich Lawson Spangenberg
  • Publication number: 20230043314
    Abstract: This invention pertains to a system and method for a recommendation engine that helps customers find the answers and services. The engine understands the context of what the user is looking at and recommends products and services to meet the needs of the user. The engine is operated through a search index that gives access to more data and better scalability to provide answers and optimal solutions to the user. The recommendation engine functions as a search tool, whereby the user can search by fields, including title, abstract, claims, inventor, specification or assignee. The recommendation engine can also recommend products and services provided by platform partners or third party providers, and implement a tracking system for referrals to third party providers for revenue generation.
    Type: Application
    Filed: February 23, 2022
    Publication date: February 9, 2023
    Inventor: ERICH LAWSON SPANGENBERG
  • Publication number: 20220405402
    Abstract: The present invention is a user-friendly patent ecosystem incorporating an analytics engine and Hyperledger. The present invention manages its blockchain-based Global Patent Registry (GPR) on Hyperledger. The present invention provides a GPR blockchain solution for chain of custody patent registration with a focus on backward-compatibility for the IP platform middleware of the present invention.
    Type: Application
    Filed: March 11, 2022
    Publication date: December 22, 2022
    Inventor: ERICH LAWSON SPANGENBERG