Rechained Ltd. was assigned 3 United States patents on information security

Classification-wise, the patents cover the following:

OS.University innovative distributed application helps learners and employees who need recognition of their educational and professional accomplishments beyond institutional and national borders. We help them through the professional’s credentials passport on the blockchain, which enables frictionless authentication, traceability, and immutability of the relevant data stored. The information processing apparatus unveiled in the patents that are in possession of Rechained Ltd. will enable for our strategic goals to be achieved more effectively and efficiently.

As an open source project, OS.University’s goal is not to assert patents against any other aspiring innovators in the blockchain and the edtech space, rather to utilize the main value proposition of the LOT Network patent program. The program aims to immunize the community from PAEs, i.e. patent trolls. All LOT Network members, among whom Rechained Ltd. T/A Open Source University, sign the exact same 10-page agreement that gives fellow members a free license (immunity) to any patent asset that is transferred to a PAE. At the same time, we as LOT Network members are free to use our patents for all the traditional uses, e.g. cross-licensing or as collateral to secure financing.

Related posts:

The young and brilliant rapper, Logic wrote a song called “Anziety” talking about his struggles coming to terms with an anxiety attack that he had. The physical effects can be harrowing to deal with…

Blockchain systems utilize different consensus mechanisms to run and maintain their networks. In order to run, they require computational power across many different computers to help decentralize…

When I was a child the first video game I ever owned was Pokemon. I knew there were 150(+1) of the things, but that was about all I knew. Every new cave, every new bush was exciting; when the screen…