Well that is nonsense. These are METHOD patents to begin with. What a patent provides is the right to defend your idea in court if you believe someone is infringing. Blackstars method depends on Amazons product and by their own admission "...Significant elements of our intended products and services are based on unpatented trade secrets and know-how... " They started with the trading platform idea years ago and now have penciled in a couple of new ideas to the template which are nothing but paper at this point. They still are unable to use the trading platform to trade even Blacskstar's stock so we really don't even know if it works. Just that it isn't allowed to operate. More details and the video in post #13005. Bubae Re: None Monday, April 15, 2024 9:11:48 AM Post# 13005 of 13777 https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174237993
RISK FACTORS RELATED TO OUR PLATFORM AND BLOCKCHAIN/DISTRIBUTED LEDGER TECHNOLOGY
IF WE ARE UNABLE TO PROTECT THE CONFIDENTIALITY OF OUR TRADE SECRETS, OUR BUSINESS AND COMPETITIVE POSITION COULD BE HARMED. Significant elements of our intended products and services are based on unpatented trade secrets and know-how that are not publicly disclosed. In addition to contractual measures, we try to protect the confidential nature of our proprietary information using physical and technological security measures.
INTELLECTUAL PROPERTY RIGHTS CLAIMS MAY ADVERSELY AFFECT THE DISTRIBUTE LEDGER TECHNOLOGY. Third parties may assert intellectual property claims relating to their source code, including Distributed Ledger Technology. Regardless of the merit of any intellectual property or other legal action, any threatened action that reduces confidence in distributed ledger technology’s long-term viability may adversely affect an investment in us.
Overview of the BDTP™ Platform 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. 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.
Actually, if any of the clueless fools here bothered to research trading securities on blockchain, you all would realize the Depository Trust and several brokerages are already using blockchain for trades. Using Securrency's software, which they paid a total of $50 Million to use.
You know Securrency? With patents dated back to 2017 on how the current market will end up using actual blockchain for securities trading.