DatChat Receives Notice Of Allowance For Its Patent Application "Technology Platform For Providing Secure Group-Based Digital Access To Sets Of Digital Assets"
Portfolio Pulse from Benzinga Newsdesk
DatChat (NASDAQ:DATS), a secure messaging, social media, and metaverse company, has received a Notice of Allowance from the U.S. Patent and Trademark Office for its patent application titled 'Technology platform for providing secure group-based access to sets of digital assets.' The patent will protect the core technology that will power DatChat's secure personal and enterprise data archive platform, expected to launch in early 2024.
October 18, 2023 | 12:34 pm
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POSITIVE IMPACT
The approval of the patent application by DatChat is a positive development for the company. It not only strengthens its intellectual property portfolio but also protects the core technology of its upcoming data archive platform.
The approval of the patent application is a significant milestone for DatChat. It not only validates the uniqueness of its technology but also provides legal protection against potential infringements. This could enhance investor confidence in the company's technological capabilities and future growth prospects, potentially leading to a positive impact on its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100