Toyota Motor North America, Inc. (Plano, TX)
What is a Patent for Blockchain technology allows the commercialization of patterns created by users
This specification relates to a system as well as a method of commercializing data from vehicles.
2. Description of the Related Art
A variety of sensors may be installed in a vehicle to monitor different kinds of data. For instance, a vehicle could have an odometer measuring the distance traveled by the vehicle or the global positioning system (GPS) sensor to determine the exact location of the vehicle. In today’s computer-driven society, the data of an individual has become important for both governments and businesses. As a result, the financial value of these information has increased. As the importanceand value of data continue to grow, so does the importance to protect the privacy rights of those with whom the data is associated.
This article outlines the method of commercializing data from vehicles. The method involves writing by an electronic control unit (ECU) of a vehicle, to a distributed ledger, vehicle information. A computer device that is associated with a third-party can also provide the vehicle with a communication system based on vehicle data from the distributed ledger. The method also includes writing, by the processor associated with the computer connected with the third party to the distributed ledger, an the record of the communication to the vehicle. The vehicle’s ECU also receives the communication.
A method for commercializing data from users related to transportation is also described. The method includes writing, by a processor of an associated computing device an individual user to a distributed ledger user information. A computing device that is associated with a third party can provide a communication based upon information about the user stored in the distributed ledger. A processor associated with the third party can write to the distributed ledger an account of the message that is sent to computing devices that are associated with the user. The method also includes receiving, by the computing device that is associated with the user, thecommunication.
A method of selling data from vehicles is described. The system comprises an electronic control unit (ECU) of the vehicle that is configured to recognize vehicle data with the help of sensors and write vehicle data to an open ledger. Thesystem also includes a computing device connected to a third party and the device is configured to send to the vehicle, a communication that is based on the data from the vehicle on the distributed ledger and write a note of the vehicle with a communication to the distributed ledger.Click here to view the patent on USPTO website.
Get Patents with PatentPC
What is a patent?
A patent is granted by the government in order to protect the invention. The patent grants the inventor the rights to create, utilize and sell the invention. Society is benefited when new technology is introduced to the market. These benefits could be realized immediately by people who are able to accomplish feats previously unattainable and indirectly by the economic benefits which innovation can bring (business growth, jobs).
Many drug companies and researchers at universities seek protection under patents to protect their research and development. Patents are granted for a product, process, or method for making new materials. To be granted patent protection an invention has to be useful, new and not apparent to anyone else within the same subject.
Patents are a way to give inventors a reward for commercially successful inventions. They provide a reason for inventors to invent. Patents enable small and emerging businesses and inventors to be confident that there’s a good chance they will get a profit for their efforts, time and money spent on the development of technology. It means that they can earn money from their work.
Businesses with the ability to:
Protect your innovative products and services
Improve the value, the popularity, and appeal of your product on the market;
Make your brand stand out from the rest.
Get business and technical details.
Avoid the risk of accidentally using third-party proprietary content, or losing your important data, original outputs, or any other innovative output.
Patents transform the knowledge of inventors into a valuable asset which creates new opportunities for employment creation through licensing and joint ventures.
Small-scale businesses with patent protection are more attractive to investors involved in the commercialization and development of technology.
Patents can spark new ideas and new inventions. These information may be eligible for patent protection.
Patents can be used to prevent untrustworthy third parties from profiting through the work of inventions.
The profits from technology patents that are successful and commercially viable can be used to fund technological research and development (R&D), which will boost the likelihood of improved technology in the near future.
Intellectual property ownership can be used to convince investors and lenders that there are genuine opportunities to market your product. Sometimes, a single patent could lead to multiple financing opportunities. Patents as well as other IP assets are able to be utilized as collateral or security for financing debt. Investors can also see your patent assets to increase company valuation. Forbes and others have noted that every patent can boost company valuation by anywhere from $500,000 to $1 million.
A well-constructed business plan is essential for new businesses. It should be founded on IP and explain what your service or product stands out. In addition, investors will be impressed when you demonstrate that your IP rights are secure or is in the process of becoming secure, and that they are in line with your business plan.
It is essential to keep your invention secret until you apply for patent protection. A public disclosure of an invention can often damage its novelty and make it invalid. Disclosures that are filed prior to filing, like for investors, test-marketing, or other business partners is best done after signing a confidentiality contract.
There are a variety of patents. Understanding these is vital to safeguard your invention. Utility patents are for inventions and processes that are new. Design patents cover ornamental designs. Patents for utility are the most effective because they shield the proprietor from copycats and other competition. Most often they are granted for modifications or improvements to existing inventions. They can also be used to enhance or modify existing inventions. For instance, a procedure patent will cover acts or methods for performing one specific thing, while a chemical composition will include an assortment of components.
How long does a patent last? While utility patents are valid up to 20 years from their initial filing, they are able to be extended by delay in the Patent Office.
Are you looking to patent your ideas? Patents are granted only to the first applicants to file which is why you must file as quickly as possible. Contact PatentPC now to have your patent application filed!
When you’re writing your patent application, you should do a patent search, as the search will give you some insights into the thoughts of others ideas. You’ll be able to narrow down the nature of your idea. Furthermore, you’ll be aware of the current state of technology in your field of invention. You’ll have a better idea of what your invention should be and will be more prepared to submit the patent application.
How to Search for Patents
The first step in getting your patent is to conduct a patent search. You can do a google patent search or do a USPTO search. Patent-pending is the name used to describe the product covered by the patent application. You can use for the public pair to locate the patent application. After the patent office has approved the application, you are able to perform a patent search to find the issued patent, and your product is now patented. In addition to the USPTO search engine, you may also use other search engines, such as espacenet, as detailed below. You can get help from a patent lawyer. In the US, patents are granted by the US trademark and patent office or the United States patent and trademark office, which is also responsible for examining trademark applications.
Are you looking for similar patents? Here are the steps to follow:
1. Think of terms that describe your invention according to its function and composition or use.
Write down a short and precise description of the invention. Be sure to avoid using terms that are generic such as “device,” “process,” and “system.” Consider synonyms for the terms you initially chose. Next, take note of crucial technical terms as well as key words.
Utilize the following questions to help you identify keywords or concepts.
- What is the goal of the invention Is it a utilitarian device or an ornamental design?
- Invention is a method to come up with something or to perform a function? Or is it a thing or procedure?
- What is the composition and function of the invention? What is the physical composition of the invention?
- What’s the objective of this invention?
- What are technical words and terms that describe the nature of an invention? A technical dictionary will help you locate the right terms.
2. These terms will enable you to search for relevant Cooperative Patent Classifications using the Classification Search Tool. If you’re not able to find the right classification for your invention, scan through the Schemas of classes (class schedules). Think about substituting the words you’re using to describe your invention if you fail to receive any results from the Classification Text Search with synonyms like the ones you used in Step 1.
3. Examine the CPC Classification Definition to verify the validity of the CPC classification you’ve discovered. If the selected classification title has a blue box with a “D” on its left, the hyperlink will direct you to a CPC classification description. CPC classification definitions will help you determine the applicable classification’s scope so that you can pick the one that is the one that is most appropriate. In addition, these definitions can include research tips and other suggestions that could be useful for further research.
4. The Patents Full-Text Database and the Image Database allow you to retrieve patent documents that include the CPC classification. You can search and narrow down the most relevant patent documents by focusing first on the abstract and the drawings that are representative.
5. Take advantage of this list of most pertinent patent documents to study each in depth to find the similarities to your idea. Pay attention to the claims and specifications. You may find additional patents through contacting the patent examiner and the applicant.
6. It is possible to find published patent applications that meet the CPC classification that you chose in Step 3. You can use the same strategy of searching in Step 4 to narrow your search results to the most pertinent patent application by looking at the abstract and illustrations on every page. Next, carefully examine the published patent applications, paying particular attention to the claims and additional drawings.
7. Find additional US patent publications by keyword searches in the PatFT and AppFT databases, classification searching of non-U.S. patents as described below, and also searching for non-patent literature disclosures of inventions using web search engines. Here are some examples:
- Add keywords to your search. Keyword searches may turn up documents that are not well-categorized or have missed classifications during Step 2. For example, US patent examiners often supplement their classification searches with keyword searches. Think about the use of technical engineering terminology rather than everyday words.
- Search for foreign patents using the CPC classification. Then, re-run the search using international patent office search engines such as Espacenet, the European Patent Office’s worldwide patent publication database of over 130 million patent publications. Other national databases include:
- European Patent Office (EPO) provides esp@cenet to access a network of Europe’s patent databases with access to machine translation of European patents.
- Japan Patent Office (JPO) – with access to machine translations of Japanese patents.
- World Intellectual Property Organization (WIPO) offers PATENTSCOPE with a full-text search of published international patent applications and machine translations for some documents, as well as a list of international patent databases.
- Korean Intellectual Property Rights Information Service (KIPRIS)
- State Intellectual Property Office (SIPO) with machine translation of Chinese patents.
- Other International Intellectual Property Offices with online patent databases include Australia, Canada, Denmark, Finland, France, Germany, Great Britain, India, Israel, Netherlands, Norway, Sweden, Switzerland, and Taiwan.
- Search non-patent literature. Inventions can be made public in many non-patent publications. It is recommended that you search journals, books, websites, technical catalogs, conference proceedings, and other print and electronic publications.
To review your search, you can hire a registered patent attorney to assist. A preliminary search will help one better prepare to talk about their invention and other related inventions with a professional patent attorney. In addition, the attorney will not spend too much time or money on patenting basics.