A unique way to manage one’s inventions and patents
Many business houses, startups and organizations which invent products with unique features have a major concern of safeguarding their inventions and managing their patents. As a solution to this concern, Priceline.com’s Jay Walker came up with a new service.
Walker came up with a service which allows companies to get a license to their patents or provides a facility to attain license in order to utilize the patents of others. There is a monthly subscription charge to this service and now has a few users including Microsoft but has the potential to attract many more in the near future.