These guys didn't patent a technology. They have a method patent that rides the "Quantum Ledger Database, a blockchain framework from Amazon Web Services (“AWS”), and to use the AWS Cloud for transaction data storage." The company also states that "Significant elements of our intended products and services are based on unpatented trade secrets and know-how..." Those two elements do not exactly create a barrier to entry for anyone else who may think it is worthwhile market to purse. Ether way regulatory rules governing securities has had this shut down for years already. They will have a tough time defending that patent from what I see. As long as the SEC has this shut down who would really care about it?
Overview of the BDTP™ Platform [quote[color=red]]Blackstar has built the technology based upon the Quantum Ledger Database, a blockchain framework from Amazon Web Services (“AWS”), and to use the AWS Cloud for transaction data storage. [/color]The BDTP™ would offer a web-based interface for trading transactions as well as an Application Programming Interface (API) that directly accesses all transactions stored on the BDTP™. In June 2020, BlackStar and Artuova, a custom software development company, successfully completed a production ready user interface for the BDTP™ platform, which is feature-complete. [/quote]
yep they have a patent for trading securities on blockchain, doesnt matter what database or ledger you use, it all falls under begi's patent. they have 2 or 3 more coming to, which are almost guarenteed since the first one was approved. Any company that wants to trade on the blockchain will need begi's patent. IMO
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