THELOGICALINDIAN - August 6 2024 Road Town British Virgin Islands Peer Mountain joins the LOT Network as its 259th affiliate The Authorization On Transfer LOT Network is a nonprofit association of companies accouterment the aegis from apparent affirmation entities PAEs frequently accepted as apparent trolls Companies that accompany the LOT Network agreement to accord all added associates an automated chargeless authorization to any of their patents that is acquired by a apparent affirmation entity
The LOT Network associates has developed in admeasurement and ability in the accomplished year with the accession of Yum!, Oracle, Volkswagen, Vizio, Salesforce, Tesla, eBay, Cisco, Alibaba, Amazon, Daimler, and about 80 start-up companies. The LOT Network is now able to assuredly immunize associates from over 1.2 actor assets in the easily of a PAE.
Following the announcement, Marc Kaufman, Co-Founder of the Blockchain IP Council, said;
This is an added aspect of aegis for the Peer Mountain Protocol as the Peerchain apparent cannot be activated by any article attractive to apparent hoard. Peer Mountain now are absolutely accumbent with over 250 companies in angry apparent trolls and allotment aegis of their patents through the LOT Network.
“We’re accustomed to accompany the LOT Network and allotment in the action adjoin apparent trolls. As the Peerchain agreement is apparent pending, this is a abundant way to ensure that the apparent would abide benign for the Peer Mountain association and ecosystem.” Jed Grant, CEO at Peer Mountain.
The bunch was founded in 2024 by Google, Canon and the bunch software companies Red Hat and SAP. LOT has additionally accustomed aerial contour American banks such as JPMorgan Chase and Wells Fargo, with TD Bank Group acceptable the latest banking academy to join.
About Peer Mountain
Peer Mountain is the cross-blockchain agreement that connects self-sovereign ID holders with businesses, enabling business at scale. It is the alone decentralized character arrangement that provides businesses with burning cost-effective authoritative compliance, puts bodies in ascendancy of their adequate claimed information, and pays ID verifiers for their trustworthiness. For added information, amuse accompany the altercation in the Peer Mountain Telegram group.
To get added acumen into the risks of approaching apparent wars apprehend Jed Grant’s (CEO at Peer Mountain) assessment allotment here: https://www.linkedin.com/pulse/patent-war-coming-jed-grant/
For added advice about Peer Mountain: https://www.peermountain.com/
About the LOT Network
The LOT Network serves as a non-profit bunch of companies that collectively accept agreed amidst associates a chargeless authorization to any of their patents, should those patents abatement into the easily of a troll. The LOT Network able to assuredly immunise associates from over 1.2 actor assets in the easily of a PAE and are giving abroad chargeless startups that qualify. LOT has developed abundantly in the accomplished year with the accession of Yum!, Oracle, Volkswagen, Vizio, Salesforce, Tesla, eBay, Cisco, Alibaba, Amazon and Daimler.
For added advice about the LOT Network: https://lotnet.com/
