System and method of patent tokenization

A method for providing a tokenized patent monetization system comprising:

• defining and assessing revenue potential of a patent through the use of a tokenized version of said patent;
• establishing a blockchain for tracking chain of title and provenance of said patent in order to assign a value factor corresponding to said patent wherein said value factor reflects transactions and encumbrances associated with said patent;
• formulating a smart contract for binding a financial interest in said patent wherein said smart contract will establish a liquidity value associated with said patent;
• and
• wherein said liquidity value is operated upon to form a patent asset class which is tokenized to permit trading between third parties desirous in investing in said patent and a class of patents relating to said patent.

A system for providing a tokenized patent monetization system comprising:

• defining and assessing revenue potential of a patent through the use of a tokenized version of said patent;
• establishing a blockchain for tracking chain of title and provenance of said patent in order to assign a value factor corresponding to said patent wherein said value factor reflects transactions and encumbrances associated with said patent;
• formulating a smart contract for binding a financial interest in said patent wherein said smart contract will establish a liquidity value associated with said patent;
• a server wherein said liquidity value is operated upon to form a patent asset class which is tokenized to permit trading between third parties desirous in investing in said patent and a class of patents relating to said patent;
• and
• a blockchain configuration wherein said trading includes a security interest in the future income produced by said patent and wherein said trading includes use of general purpose computers with input and output devices.