Quote from: nhathongkehoc on December 27, 2018, 06:08:40 AM

Quote from: onebtcforlife on December 27, 2018, 05:50:48 AM

How long it will take to confirm the Patent ID? do we have any exact ETA for this patent because many people are showing interest on the basis of your Patent ID and show interest the way you exposing your IP.

Maybe I am wrong, but I don't think that patents are necessary in crypto world, where most of things are open-sourced, decentralised.
Any explanation why Endchain need to have patent?

Happy to explain. Blockchain is open source, but certain use cases of it can be protected against being copied. This is especially important in this market, in which 100s of ICOs pop up every month. Without it, there is nothing to stop competitors from simply copying your idea.

If any ICO participant believes in our idea, in which blockchain can be brought to mass products for an affordable fee, then they would want us to protect our idea and ensure our company is the one that succeeds. We are quite confident the patent will be passed as we have done our due diligence to ensure there are no similar patents out there.