Case Study: IPwe achieves greater patent market transparency and lower transaction costs with IBM AI and Blockchain

AI and Blockchain help discover and transact IP

IPwe, a global patent market and IP transaction platform, faced a complex and opaque patent ecosystem where ownership records were hard to track, transactions lacked transparency, and valuable IP often went underutilized. To address these challenges, IPwe worked with IBM and IBM Cloud, IBM Blockchain, and IBM Watson AI to build a more efficient way to manage and understand patent assets.

IBM helped IPwe create the world’s first blockchain-powered Global Patent Registry, combining AI and blockchain to analyze patent data, improve visibility, and support smarter IP transactions. The solution helped reduce transactional costs, improve transparency, and save small and midsize enterprises millions of dollars, while making patent discovery and licensing faster and more accessible.

IPwe

Erich Spangenberg

Chief Executive Officer and Co-Founder