Russian IPChain Association can digitalize Kyrgyzstan’s Patent Records

Andrey Krichevsky, president of the IPChain association, aforesaid that the agreement between the association and representatives of KyrgyzPatent was signed at the IPQuorum forum, that happened within the Kaliningrad region of Russia. this can be reportedly the primary time that the association’s technologies are applied outside Russia. Krichevsky said:

"We have signed AN agreement with KyrgyzPatent, that is extremely vital for United States of America. On their basis, we'll develop a pilot program, a form of ideal office. we'll attempt to apply the newest technologies, alter patent records, build the information design."

IPChain could be a non-profit organization supported by AN initiative of Skolkovo Foundation and the Russian Organization for property. It focuses on the event of standards and technologies between property rights holders on the premise of Blockchain, consistent with the association’s web site.

Government entities round the world ar bit by bit clench Blockchain technology, particularly once it involves knowledge storage and securing data. Earlier on, the UAE government proclaimed the launch of its “Blockchain Strategy 2021”, of that one goal is to scale back work hours and expenditures for document circulation.

The United States of America Patent and Trademark workplace printed Bank of America’s application for a patent on a Blockchain-based storage system with machine-controlled knowledge authentication. The technology within the patent would offer a efficient storage system with a inbuilt mechanism for authenticating records and supply permission to suppliers.