As blockchain technology and NFTs continue to grow, companies are securing patents to protect their intellectual property and potentially gain a competitive edge. Here are five notable businesses filing Web3 and NFT patents:
- Haribo: The German candy maker has entered the NFT world, filing an NFT-related trademark application with the US Patent and Trademark Office for digital collectibles in the form of downloadable multimedia files, including audio, video recordings, avatars, and cartoons related to confectionery.
- FICO: The global analytics software firm was awarded 12 patents, including one for using blockchain for data and model governance. FICO's patent focuses on tracking machine learning model creation, usage, and monitoring via a shared ledger.
- Fujitsu: The Japanese electronics giant filed a trademark application in March, covering a wide range of services, including crypto trading. This filing allows Fujitsu to explore money exchange, digital asset management, and brokerage services for cryptocurrency.
- Fidelity Investments: In December, the investment management firm filed trademark applications indicating plans to service customers in a virtual world powered by digital currencies. The applications point to Fidelity's interest in marketing, placements, recruiting, referral services for investment, financial planning in the metaverse, and creating an NFT marketplace for buying, selling, and trading digital assets.
These companies' patent filings highlight the growing importance of securing intellectual property related to blockchain technology and NFTs as digital assets continue to gain traction.
