Blockchain Can Bolster the Value of Ideas and Intellectual Property

The IP market is currently filled with R&D waste and corporations that hold onto vast patent portfolios. This stifles innovation. If it were more transparent and accessible, then it follows that invention would be more forthcoming; Lexit and Loci are two startups developing the tools to do exactly that. The Current System is Inadequate for […]

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What Is Loci Cryptocurrency?

Global innovation is presently impeded by the prevalence of archaic Intellectual Property (IP) laws which not only make the process of conducting research challenging, but also make it difficult for individuals to file patents. The systems which we presently use for connecting patent attorneys, inventors, and corporate analysts are insufficient and have been found to cause an immense loss in overall individual productivity. Loci can be thought of as a context-based research tool which allows customers to search through an exhaustive database containing details on a host of resources procured directly from researchers and inventors. Thanks to blockchain technology, Loci is able to serve as an immutable

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