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Monday, 03/29/2021 12:27:08 PM

Monday, March 29, 2021 12:27:08 PM

Post# of 156972
$TTCM YUUUUUUUUUUUUUUUUUUUUUUUUUGE

In an opinion provided to the Company last week, Benjamin Urcia, the Company’s patent attorney since 2012, stated as follows regarding the Company’s three imagery authentication and validation patents: “The three authentication/validation patents each covers the concept of capturing and storing images in a way that enables subsequent verification of their authenticity and uniqueness. Although the term “non fungible token” was not coined at the time the authentication/validation patents were filed, the patents cover method steps that are essential to the creation of any authenticable token that is used to verify a unique captured image, including tokens that are stored in a blockchain, that is, NFTs.”

Commenting on NFTs, Dr. Jon N Leonard, Tautachrome CEO stated today: “An NFT, being an asset that represents a real digital entity, is a trustable trading asset only to the extent that the entity it represents is secure and its unique identity is reliably authenticable. Unfortunately, in today’s hot NFT market, NFTs have been sold claiming to represent unique art, without any means for proving the authenticity of the claim. That is a sure way to destabilize the NFT market, and it is the reason that security and authenticity are built into the Company’s processes so as to automatically guarantee these crucial NFT features.”

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