OneTrust, LLC (Atlanta, GA)
In the last few many years the privacy and security policies, and related operations have grown more important. Security breaches, which lead to the unauthorised access of personal data (which may contain sensitive personal information) are becoming more frequent in companies and other organizations that are of any size. Personal data may include, but are not limited to, personally identifiable (PII) information. It is data that directly or indirectly identify an person. Examples of PII include names, addresses as well as dates of birth and social security numbers biometric identifiers like fingerprints of an individual or a photograph. The customers’ Internet browsing habits, purchases, and even preferences may be included. The information could also be included in their social media profiles.
These security and privacy issues are addressed by many companies that collect, process and transfer personal information including sensitive information. Numerous companies have attempted to create operational policies that comply with the requirements of their industry and law to safeguard personal data. There is a demand for better systems and methods to manage personal data in accordance with these policies.Click here to view the patent on USPTO website.
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What is a patent?
The government grants patents to safeguard an invention, a patent provides the inventor with the exclusive right to use, create, sell and promote the invention? Society benefits when a innovative technology is brought into the market. These benefits may be realized immediately when people can perform feats previously thought impossible as well as indirectly through the opportunities for economic growth that innovation provides (business expansion, job creation).
Patent protection is sought by many university researchers and drug companies to protect their research and development. Patents can be granted for a product, process, or method for making new materials. Patent protection is granted to any invention that is beneficial or novel and is not yet known by other people in the same field.
Patents are awarded to inventors who have commercially viable inventions. They serve as a motivator for inventors to come up with new ideas. Small-scale businesses and inventors can rest assured that they will get a return on the investment they make in technology advancement through patents. This means they will be able to make a living by their work.
Patents are a crucial part of firms and can be used to:
Protect the latest products and services;
Enhance the visibility and worth of your product’s presence on the market
Differentiate your business and products from the competition;
Access technical and business knowledge and other information;
Avoid accidentally using third-party content or losing valuable information, innovative outputs or any other creative output.
Patents can transform an inventor’s information into a tradeable asset that opens up new possibilities for job creation and business growth through licensing or joint ventures.
Small-scale businesses with patent protection will be more appealing to investors who are involved in the commercialization of technology.
Patenting can lead to the development of fresh ideas and innovative inventions. The information you create may be protected by patents.
Patents can serve as a deterrent to untrustworthy third parties that profit from an invention’s successes.
Patent-protected technology revenues that are commercially viable can be used to fund research and development (R&D) which increases the likelihood of better technology in future.
You can leverage intellectual property ownership to convince lenders and investors that your product has commercial potential. Sometimes, one powerful patent can open the door to numerous financing possibilities. Patents can be used along with other IP assets as collateral or security for financing. You can also show investors your patent assets to increase the value of your business. Forbes and others have pointed out that each patent can add anywhere from $500,000 to million dollars to your company’s valuation.
A well-constructed business plan is essential for start-ups. It should be based on IP and show what your service or product stands out. Investors will be impressed if your IP rights are secure or are in the process of being secure, and if they agree with your business strategy.
It is important to keep your invention secret until you file for patent protection. The public divulging an invention could be detrimental to its originality and render it invalid. Disclosures that are filed prior to filing, like for investors, test-marketing, or other business partners, should only be done after the signing of a confidentiality contract.
There are several types of patents. Understanding the different types is crucial to protect your invention. Utility patents are for inventions and processes that are new. Design patents cover ornamental designs. Utility patents are best and protect the owner against copies and competitors. Utility patents are often granted to enhance or modify existing inventions. Utility patents also cover enhancements and modifications to existing inventions. A process patent will describe the methods or actions of performing a specific act. But, a chemical composition could be a combination of ingredients.
How long will a patent last? Although utility patents are valid for 20 years from the date of their initial filing, they can be extended through delay in the patent office.
Are you considering patenting your ideas? Patents are granted only for first-to-file applicants, you need to file quickly – call a patent attorney at PatentPC to protect your idea today!
When drafting your patent application, you should do an internet search for patents, since the search will give you an understanding of other people’s ideas. You’ll be able narrow down the scope of your invention. It is also possible to find out about the current technological advancements in your field of invention. This will allow you to know the extent of your invention and prepare you for filing the patent application.
How to Search for Patents
Patent searches are the very first step in obtaining your patent. You can do a google patent search or do a USPTO search. Patent-pending is the name used to describe the product that has been covered by the patent application. You can search for the public pair to locate the patent application. When the patent office has endorsed the patent application, you can do a patent number search to locate the issued patent, and your product is now patented. In addition to the USPTO search engine, you can also utilize other search engines like espacenet, which is described below. It is possible to seek help from a patent lawyer. In the US Patents are granted by the US patent and trademark office, or the United States patent and trademark office, which is also responsible for examining trademark applications.
Are you interested in finding similar patents? Here are the steps to follow:
1. Brainstorm terms that describe your invention, based on its intended purpose, composition and use.
Write down a short detailed description of the invention. Do not use generic terms like “device”, “process,” or “system”. Instead, think about synonyms for the terms you chose initially. Then, take note of important technical terms and key words.
Use the questions below to help you identify the keywords or concepts.
- What is the objective of this invention? Is it a utilitarian device or an ornamental design?
- Is inventing a method to make something or carry out a function? Or is it a product or procedure?
- What is the composition and function of the invention? What is the physical makeup of the invention?
- What’s the objective of this invention?
- What are the terms in the technical field and keywords that define the nature of an invention? To help you find the correct terms, consult the technical dictionary.
2. Use these terms to find relevant Cooperative Patent Classifications at the Classification Text Search Tool. To find the best classification to your invention, scan the classification’s class Schemes (class schedules). Think about substituting the words that you’re using for describing your invention, if you don’t find any results in the Classification Text Search with synonyms such as the terms you used in step 1.
3. Review the CPC Classification Definition to verify the validity of the CPC classification you’ve found. If the selected classification title has a blue box with an “D” on its left, the hyperlink will take you to the CPC classification description. CPC classification definitions can help determine the relevant classification’s scope, so you are certain to choose the one that is appropriate. Furthermore they can provide search tips and other suggestions that may be useful for further investigation.
4. Retrieve patent documents with the CPC classification from the Patents Full-Text and Image Database. By focusing on the abstracts and illustrations it is possible to narrow your search to find the most relevant patent publications.
5. Take advantage of this list of most pertinent patent documents to look at each one thoroughly for similarity to your invention. Pay attention to the claims and specifications. Consult the applicant and patent examiner for any additional patents.
6. You can find the patent application that has been published and meet the CPC classification you selected in Step 3. It is possible to use the same search strategy in Step 4 to narrow your search results down to the most relevant patent application through the abstract as well as the drawings that appear on each page. Next, examine every patent application that has been published with care and pay particular attention to the claims as well as other drawings.
7. Locate additional US patent publications by keyword searching in PatFT or AppFT databases, classification search of non-U.S. patents as per below, and searching non-patent publications of inventions with web search engines. 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.