This invention describes a system for managing licenses for industrial software, like programs that run factory machines. Instead of traditional licenses, it uses a digital token, similar to an NFT, that is created and authorized when someone requests a license. The system can either store a key to the software on a special industrial blockchain or keep the software itself on a central cloud server.
Why it matters: Filed when enterprise blockchain for licensing was emerging. By 2026, enterprise blockchain platforms and tokenized digital rights have matured, making implementation and adoption more feasible for industrial software.
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