IPwe is the world’s first global innovation platform leveraging the power of artificial intelligence and blockchain technology. Through the IPwe Platform, large enterprises, SMEs, owners, those looking to enhance their innovation profiles and those with a legal, technical or financial focus benefit from IPwe’s mission to empower innovation in emerging technologies. IPwe is dedicated to increasing ROI. This can be measured in dollars returned, new ventures, jobs created or solved problems.

IPwe, the decentralized innovation platform that promotes the adoption and use of new technologies is unique. Lavinia Meliti, born and raised Italian with legal background both in Europe and the U.S., and now Global Leader working in business and technology, explains to Coin Quora what IPwe’s mission is — to help companies innovate at scale, thanks to its tech-enabled platform.

Both companies that supply new technology and those who successfully use it are important contributors to the momentum. We have not fostered an innovation ecosystem that encourages this; our innovation culture is stifled, and we must create the right environment and incentives for innovators,” says Ms. Meliti.

IPwe recognizes the complexity of innovation and transform challenges. It created tools that reduce those complexities and foster a culture for innovation. IPwe, an AI- and Blockchain-based tech platform that enables companies to innovate on a large scale, helps them embed a culture and tackle complex problems.

Q. Can You Tell Us More About IPwe’s Smart Pools?

IPwe’s Smart Pools are formed in tech areas that are at a very early stage, where there hasn’t been a significant amount of licensing activity. Because they’re formed when a technology still emerges, they help create an environment for innovation and cooperation. One license to a large patent portfolio can be used to encourage implementers and enable them to adopt new technologies. They also have the assurance that IP will remain transparent to all parties.

Smart Pools are designed to facilitate and improve licensing transactions between patent contributors, (Founders), and licensees (Members), including SMEs. These are typically medium-sized to large business leaders who are experts in their field. They make the technology accessible, and Members are innovators.

IPwe’s role in this regard is to act as the sole pool administrator while negotiating licenses on behalf of its participants. It is costly and time-consuming to negotiate licenses with many enterprises. This is even more true when multiple licenses are being held by different enterprises. IPwe is here to help you make it easier by providing a one-stop source for all your licenses.

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IPwe aims remove any barriers that impede innovation in SMEs. Particularly transaction costs and discovery. IPwe allows them to be more focused on the areas of their expertise by licensing technology. IPwe, a SME ourselves, understands the problems that SMEs face in battling with larger corporations having greater resources and a bigger bank account.

SMEs with annual global revenue below $1 million have the unprecedented opportunity to get free membership in IPwe’s Smart Pools, meaning free access to top industry patent portfolios, whether it is blockchain, metaverse, barcodes, or quantum computing.

SME can be more competitive by being smarter and spending less. It is for this reason that with a “smart” IP strategy, IPwe strives to encourage increased adoption of tech and innovation by SMEs. Smart Pools is a way for SMEs to realize their potential in a world that sees disruption at every level of society.

Q. What Tech Areas does IPwe Concentrate on?

IPwe focuses on emerging tech areas such as quantum computing, electric vehicles, 3D barcodes – among others. Recently, we announced the Metaverse innovation program (with Open Meta Foundation as our first Founder), which promotes industry adoption of metaverse technology. It is expected that the market will reach $1 trillion by 2028. The program allows innovation leaders from the sector to openly share their innovative ideas to others in the industry.

IPwe will also announce the Blockchain Innovation Program in the North American Conference which takes place on January 19th 2022. PwC predicts that blockchain technology will increase the global GDP to $1.76 trillion in 2030. Keep watching for more information about this program.

Q. What makes trading IP easier with NFTs?

Our IP NFTs are not really comparable to the NFTs being traded on the “classic” NFT platforms — as they are tailored to the IP use case. You can find memes, articles in games, videos and collectibles. Tokenized to transfer NFT ownership, but not the rights to commercially exploit tokenized IP assets.

NFTs contain 100% IP. Our NFTs are 100% IP. The metadata document infrastructurally is where all of the value-building data points and information are kept. All information necessary for transactions is now in one location. It is standardized against an AI engine’s uniform assessment and verified algorithmically. Verification establishes trust but transaction efficiency is protected by standard information flows. This allows us to drastically reduce discovery costs, such as due diligence, rating, valuation, etc.

As the blockchain’s operational level permits us to use smart contracts, the tokenization of IP agreements is the cherry on the cake. There is a $180 million patent market currently, where only 2 percent of all patents have been transacted. Tokenization is an innovation for society and innovators. It will increase transparency and make it easier to sell, trade, and market patents. The tokenization of intellectual property will result in a whole new class of assets.

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