Clarivate partners with IPwe to improve AI and Blockchain patent solutions
Partnership to lead the digital transformation of intellectual property and intangible assets by leveraging Clarivate data to power IPwe’s Smart Intangible Asset Management platform
LONDON, 16 November 2022 /PRNewswire/ — Clarivate Plc (NYSE: CLVT), a global leader in providing trusted information and insights to accelerate the pace of innovation, today announced a strategic partnership with IPwe Inc., a leader in blockchain technology that provides smart solutions for managing intangible assets through data-driven recommendations. The vision of this partnership is to enable Clarivate and IPwe customers to accelerate innovation by accessing uniquely curated patent data from Clarivate within IPwe’s artificial intelligence (AI), predictive analytics and blockchain technology platform.
AI and Blockchain are transforming innovation for business leaders from patent offices, companies of all sizes and universities. Through this strategic partnership, Clarivate will provide its world-leading patent dataset to enable IPwe to further empower next-generation AI and blockchain solutions for the digital transformation of IP. By combining best-in-class datasets from Clarivate with IPwe’s Smart Intangible Asset Management platform, this partnership will allow customers to validate their patent portfolio, acting as a single source of truth for data related to these critical assets.
IPwe creates NFTs and tokenizes patents and other intangible assets into digital assets. The tokenization of intellectual property makes it easier to track, license, commercialize and trade, with verified information, less transaction friction and greater transparency that will encourage adoption and commercial opportunities. Combined with the power of Clarivate data to enable innovative blockchain solutions, IPwe will help improve data accuracy and facilitate the growth of the global IP transaction market.
Gordon SamsonChief Product Officer at Clarivate, said: “The IP industry is undergoing a huge digital transformation and blockchain will play a critical role in this shift. IPwe is a leader when it comes to blockchain technology around smart intellectual property management. At Clarivate, we are committed to continuous innovation , and we are very pleased to partner with IPwe to offer full transparency in patent identification and ownership, and support the next generation of IP management.”
“Our partnership with Clarivate powers our Smart Intangible Asset Management platform with what we believe is the largest, best and most trusted intellectual property curated database in the world. This will enable us to access robust datasets that will power IPwe solutions that our customers can then leverage, providing greater transparency, transaction efficiency and enhanced commercial opportunities. Leveraging Clarivate’s dataset and IPwe’s technology is a game-changer for the IP ecosystem and innovation business leaders,” said Erich SpangenbergCEO of IPwe.
Clarivate™ is a global leader in providing solutions to accelerate the pace of innovation. Our bold mission is to help customers solve some of the world’s most complex problems by providing actionable information and insights that reduce the time from new ideas to life-changing inventions in the fields of academia and government, life sciences and healthcare, professional services and consumer goods, manufacturing and technology. We help clients discover, protect and commercialize their inventions using our trusted subscription and technology-based solutions combined with deep domain expertise. For more information, please visit clarivate.com.
Senior manager, external communications
Founded in 2018, IPwe is a global platform that harnesses the power of artificial intelligence and blockchain technology around smart intangible management. IPwe expands traditional IP markets by increasing transparency with clear and verifiable metrics to lower costs and increase value and returns. Through IPwe, everyone from startups to large enterprises, business and financial leaders to IP experts, can collaborate at a business, technical, legal or financial level to improve efficiency, value, opportunity and innovation to better manage their intangible assets. To learn more about IPwe’s Smart Intangible Asset Management platform and IPwe Digital Assets, please visit ipwe.com.
VP – Marketing and Communications
SOURCE Clarivate Plc