BlackStar Enterprise Group Inc (BEGI)

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Despite the large demand, patent issuance has actually been declining at a dramatic rate over the past couple of years, meaning that they are becoming harder to obtain. Issuance went from 3,000 in 2020 to less than 1,000 in 2023. On top of that, patent litigation is increasing and a heightened understanding of blockchain technology in the judicial system will lead to greater enforcement. This further bolsters the importance of owning a blockchain-related patent or being able to license one if you’re developing blockchain products and services.