The company said these new patents enhance its existing technologies, such as Sumerian Crypto Anchors, DataScore and DataValue AI agents.
- Datavault said these two new patents cover systems and methods for secure content licensing and tokenized monetization using blockchain technology and smart contracts.
- The first patent in question concerns a system that monetizes digital content via tokens managed by the blockchain.
- The second patent covers a content licensing platform that uses blockchain ledgers and secure identifiers to register, track, license and monetize creative works.
Shares of Datavault AI Inc. (DVLT) soared nearly 26% in Monday’s premarket trading before paring most of the gains after the company announced the issuance of two new patents in its blockchain-based content management and monetization portfolio.
The company said these new patents enhance its existing technologies, such as Sumerian Crypto Anchors, DataScore and DataValue AI agents.
“The issuance of these patents represents a major milestone in our mission to provide creators and businesses with reliable, scalable data and content monetization,” said Nathaniel Bradley, CEO of Datavault AI.
Retailer sentiment on Stocktwits around Datavault AI was in “neutral” territory at the time of writing.
Patent Details
Datavault said these two new patents cover systems and methods for secure content licensing and tokenized monetization using blockchain technology and smart contracts.
The first patent in question concerns a system that monetizes digital content via tokens managed by the blockchain. Datavault automatically identifies content usage, verifies licenses via smart contracts, ensures compliance, and distributes fees according to predefined conditions.
The second patent covers a content licensing platform that uses blockchain ledgers and secure identifiers to register, track, license and monetize creative works.
Boost Datavault IP
The company said that with the addition of these patents to its intellectual property portfolio, Datavault is able to capitalize on the growing data monetization market.
He cites a SkyQuest report indicating that this market is expected to exceed $7 billion in 2025, and is on track to reach $17 billion by 2033.
DVLT stock is down 51% year to date and 41% over the past 12 months.
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