US Patent Application Filings to Protect Web3 IP
11/07/2022 14:00
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RNS Number : 0396S Tintra PLC 11 July 2022
11 July 2022
TINTRA PLC
("Tintra", the "Group" or the "Company")
Filing of US Patent Applications to Protect Web3 Intellectual Property
The board of directors (the "Board") of Tintra (https://tintra.com/) , the
rapidly innovating Deep Tech & Banking business, is pleased to announce
that it has filed two new US patent applications (the "Patents") with the
United States Patent & Trademark Office. These patents with Serial Numbers
17/857,090 and 17/857,102 protect inventions that the Company has created as
part of its rapid research and development program as it continues to build
banking infrastructure focused on bringing fiscal inclusion to emerging
markets.
These Patent applications are for materially similar inventions to those that
have already been applied for in the United Kingdom (see the announcements of
16 June and 7 July 2022), but have variations related to both different
regulations and different applications.
Richard Shearer, the Company's Chief Executive, said: "Whilst we will
ultimately seek IP protection for our inventions globally, our strategy is to
protect them in the major currency markets first. By doing so, we provide de
facto global cover as most major transactions between secondary currencies
have GBP or USD in the transaction flow.
This strategy is the case for these current inventions, announced here and
previously, and the number of others that are currently being advanced to the
same stage by our Web3 team and separately by our KYC/AML Artificial
Intelligence team."
For further information, contact:
Tintra PLC 020 3795 0421
(Communications Head)
Hannah Haffield
h.haffield@tintra.com
Website www.tintra.com
Allenby Capital Limited 020 3328 5656
(Nomad, Financial Adviser & Broker)
John Depasquale / Nick Harriss / Vivek Bhardwaj
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