Loci was founded with one goal, to change the way we all invent and the value of an idea as a whole. We specialize in simplifying the patent search process and utilizing unique visualizations to further understand the landscape of ideas.
Loci envisions a future where innovation is democratized. Individual and small teams of inspired inventors should have as equal access to the discovery of new technology and its economic benefits as any large corporation. The current global invention system is risky, chaotic, expensive, and limits the progress and speed of innovation. Loci has experienced the flaws of this system firsthand while obtaining its own granted patent.
Loci's InnVenn platform will revolutionize the patent search and discovery process while drastically cutting down the prohibitive costs for inventors as well as making the jobs of intellectual property researchers, attorneys, and developers far simpler. The trillions of dollars wasted each year on unsuccessful R&D can be reinvested into further innovation. With the application of blockchain to our platform, we can assure that anyone can defend their rights to their intellectual property. It is with this vision that Loci expects the utilitarian value of LOCI Coins to increase over time. The Loci community will speed up the emergence of new technologies and can empower a new generation of inventors.
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- Venn Diagram Visualization - DIY searches - Naming results set - Suggesting words - Search US & International patent databases
2
Phase 2
- Enhance Venn vizualization with 2D clustering - Create web forms for expedited provisonal filing - Develop training sets for machine learning - Apply data mining techniques for additional data sources - Develop clustering function - Build framework for evolution of naming changes - Develop distributed blockchain/ledge integration
3
Phase 3
- 3D visualizatin - Improved word suggestions via machine learning - Integrate crowdsourcing and machine learning - Place location ID & timestamp on ledger - Crowdsource patent examination process
4
Phse 4
- Build interactive token based marketplace for consortiums and investment pools - Messaging and collaboration network - Leverage machine learning to indentify groupings of ideas for consortiums - Implement predictive analytics for determining valuations of ideas