SmartMetric Inc (SMME): I might be mistaken but I take it consid...

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SmartMetric Inc (SMME)

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Re: None

Friday, 06/27/2014 12:24:16 AM

Friday, June 27, 2014 12:24:16 AM

I might be mistaken but I take it considering the lawsuit with Visa and MC, and considering the last few posts about possible surge in markets for this type of technology, wouldn't they all be in breach of the '464' patent if they commenced to use this type of technology and it was not Smartmetric's.
Or is it the case the patent only relates to the US? This is not my understanding.
Surely any bank or financial institution (or any entity for that matter) would have to licence the technology from Smartmetric.

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