EDMONTON, Alberta--(BUSINESS WIRE)--edatanetworks Inc. announced today its strengthened patent portfolio with the recent approval of patents 17/990,972 and 17/225,613 from the United States Patent and Trademark Office (USPTO).
Patent 17/225,613 describes an ecosystem where consumers can use a voice assistant to discover local near-by businesses that care. Consumers can also use their voice to request offers from the near-by businesses. These businesses commit to supporting the local community non-profit organizations each time a participating consumer makes a purchase.
The patent 17/990,972 utilizes open-loop cashless payment systems to facilitate consumer directed, merchant-funded micro-donations following mobile wallet purchases. The platform detailed in this patent brings together merchants, consumers, and non-profits in the local community through digital commerce and the utilization of rich tokenized transaction data.
“These patents are welcome additions to our extensive intellectual property portfolio. They further solidify the core principles of our IP's DNA in which donations are 100% merchant defined, 100% pass through, and consumer-directed – at no cost to the consumer," said Terry Tietzen, Founder and Chief Executive Officer of edatanetworks. “Merchants benefit from actionable insights and a measurable return on their marketing spend. These merchants also benefit from the good-will generated through their micro-donations to the communities where they live and prosper.”
About edatanetworks
edatanetworks Inc. (edata), edatanetworks.com, a privately held intellectual property company established in 2001, has worked with many organizations and conducted multiple live market deployments creating patented philanthropic innovations utilizing existing technological and financial infrastructures—connecting consumers, local merchants, charitable and community organizations, digital media groups, communications companies, search providers, social networks, banks, payment networks, trusted intermediaries and other financial services organizations.
