System and method of facilitating intellectual property transactions

This invention describes a computer system designed to help people securely manage and exchange intellectual property. It works by taking information about someone's intellectual property, then matching them with others to start a transaction. Crucially, it records all activities and collaborations in a secure, auditable way, likely using a blockchain-like structure (implied by "hashed block" in claim 2) to build trust.

Why it matters: The patent's reliance on a "hashed block" for secure audit trails aligns perfectly with the significant advancements and mainstream adoption of blockchain and distributed ledger technologies since 2016. These technologies now offer robust, off-the-shelf solutions for the secure, auditable record-keeping and transaction facilitation described.

Status: Not in forceListed as no longer active. The specific reason is not in the record we hold.
How hard to build: SpecializedComplex software system, likely blockchain or DLT.

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