The patent office in India is working on the use of technology in its operations blockchain, AI and IoT. While the process is still in its early stages, there are completely new opportunities for patent holders.
Blockchain in the field of patents
Recently, interest in both blockchain and artificial intelligence. Blockchains have found a number of uses, ranging from tracking ownership to verifying sales transactions and even checking the legality of selling assets.
The patent industry also became interested in the use of blockchain.
Examples include Estonian company Agrello, working on the implementation of blockchain in the process of creating smart contracts, the company bindedinvolved in activities aimed at using blockchain as proof of copyright, as well as a company Bernsteinthat intends to use blockchain in the intellectual property management process.
Not only blockchain can find application in the field of patents. There are many indications that also and artificial intelligence will be widely used in this area.
The potential of AI was noticed by, among others Australian company amberitethat decided to use an artificial intelligence engine to efficiently search for patents. Also, state patent offices are leaning towards modern technologies that can provide them with a number of different benefits. The US patent office used artificial intelligence to search for patent classes to be searched, and the European one used a special tool to translate patents published in foreign languages.
IPO implements new technologies
The Indian Patent Office (IPO) is also interested in implementing blockchain, artificial intelligence and technology IoT (Internet of Things).
In a recently announced tender, the institution declared its interest in solutions of this type, which are to help improve the patent process. An ecosystem based on blockchains and artificial intelligence will be distinguished not only by better efficiency, but also greater fluidity and speed. However, the IPO is only at the initial stage of its implementation, and the whole process is additionally complicated by the specificity of patent data. They are of a legal and technical nature, and what is more, they are highly diversified. Therefore, there are many doubts about how to apply AI and blockchain in the field of patents. While it can be assumed that these solutions will bring numerous benefits to patent offices, some time is still needed to disclose their full scope.