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Loans without banks. Trades without brokers. Contracts without Lawyers.
U.S. Crypto Community CELEBRATES Reggie Middleton Veritaseum PATENT for Black History Month.
Everybody is so happy and excited!
Our Brother, Reggie Middleton, has been granted the PATENT Devices, Systems, and Methods for Facilitating Low Trust and Zero Trust Value Transfers for the United States and Japan.
We have NOMINATED Mr. Reggie Middleton for the NATIONAL MEDAL of TECHNOLOGY and INNOVATION that will be presented by the United States President. Click here if you would like to actively follow and support this nomination and progress.
We at Black History MonthLY are kicking off the CELEBRATION in the U.S., Canada, Ireland, and the U.K. (Africa Soon), to spread the word about this GREAT achievement by a Black man that comes at the PERFECT time...Black History Month!
Before we get into some of the technical aspects of Mr. Middleton's patent, we want to honor him and begin to set a precedent and the precedence of disseminating acknowledgments and accolades for the great accomplishments of Black people during these current and modern times.
The impact that this patent has on the world of blockchain technology and finance will be an inspiration to all people, young and old, to begin to see that this new technology is here to stay, and must be learned and used.
Reggie Middleton is a proud member of the Black community, and his work has inspired us to create this platform to advance the ideas and knowledge of finance, technology, computer science, macroeconomics, etc. in our communities...we NOW have a visible, modern PROOF that the Black mind is powerful and able to create dynamic systems and ideas to change the world.
Reggie Middleton is a Father. A graduate of an HBCU. Howard University. His knowledge may be so vast that entire encyclopedias and documentary films will be needed to explore the depths of this Brother's mind.
This BROTHER is the "Contrarian Badass"...
He has a really down-to-Earth and humble approach. His message is MERIT. At the same time, once he is engaged in speaking on business and financial issues, his knowledge is so vast that it is easy to be overwhelmed.
This FIRST Edition of BlackHistoryMonthLY.com is honored to feature Mr. Reggie Middleton to kick off our project. This is the graphic that I used to start spreading this campaign.
Every February, I see and hear Black people talk about Black History Month. The CONSENSUS is that ..." We celebrate Black History Month every day," so, I want to make it OFFICIAL and DECLARE that Black History Month is celebrated MONTHLY. This publication will facilitate that.
Let's switch gears for a moment:
Patenting Trends in Emerging Technologies: Blockchain Patents Grow from Three to 2,660 in Less than Five Years
Patents are a form of INTELLECTUAL PROPERTY.
A patent is a property right that is usually granted by a government agency, such as the U.S. Patent and Trademark Office (USPTO). The patent allows the inventor exclusive rights to the invention, which could be a design, process, improvement, or physical invention such as a machine.
"Intellectual Property" is the term used to describe certain categories of rights acquired by businesses and individuals to further their business interests. Patent rights are considered intellectual property. Intellectual property (IP) refers to creations of the mind, such as inventions; literary and artistic works; designs; and symbols, names and images used in commerce.
It helps in understanding patent rights and their value to compare patents to other forms of intellectual property. In addition to patents, there are three other main categories of intellectual property.
These categories are:
b. Trade Secrets;
and c. Copyrights.
a. Trademarks A "mark" is any word, letter, phrase, symbol or design or combination thereof that identifies and distinguishes the source of goods or services of one entity from those of another entity. Marks that relate to goods are referred to as "trademarks." Marks that pertain to services are called "service marks." Sometimes, it is not always clear whether a mark is referring to goods or services. For example, when we see McDonald’s golden arches many of us think of hamburgers (goods). In actuality, McDonald's golden arches are a design service mark for restaurant services. In general parlance, both trademarks and service marks are often referred to as "trademarks."
b. Trade Secrets Trade secrets are another way of protecting valuable information. A trade secret is information that relates to a business, used in that business and provides economic advantage or value which the owners have taken steps to protect by limiting disclosure. Trade secrets can include secret formulae, techniques, processes, technological secrets and business information such as marketing studies or customer lists.
c. Copyrights When we refer to a "copyright" we are actually referring to a collection of rights that apply to creative works. These rights are granted by a government to authors or creators of original works that are fixed in a tangible medium of expression. An author fixes her work in a tangible medium by writing or typing her book, article or story in print or electronic format. An artist fixes her work in a tangible by painting or sculpting it. A musician fixes her work in a tangible medium by recording it. These collections of rights afforded by copyright law include the exclusive right to reproduce the work, distribute the work, prepare derivative works based upon the work, perform the work publicly and display the work publicly
I am INTENTIONALLY including these definitions to stress the IMPORTANCE of KNOWING what legal terms mean and how to begin using them for our benefit.
We should NEVER, from this point on, go passed words that we do not understand or use words that we do not understand or know the correct definition of. ESPECIALLY, legal terms. I have included a link to a service that you can use to speak with an attorney in your state to ask questions on various legal matters, and become clear on what legal terms and legal documents mean, as well as other professional and legal needs.
Reggie Middleton's PATENT is foundational. What that means is the details and processes covered in the granted patent are fundamental to the transactions of ALL value in ALL digital forms. Cryptocurrency, traditional banking transactions, swaps, etc. are all covered in the Veritaseum patent.
Read the patent here. Get familiar with the details because THIS changes everything!
Black people KNOW the importance of PATENTS. This is the part of the article where I need to SHOW you all WHY Reggie Middleton's PATENT is so important.
The history of patents in the U.S. is a study that I suggest we ALL get familiar with. Not only in the U.S., but...GLOBALLY.
A lot of the rappers and musicians have started talking about "owning their masters"..., right? Well, that is INTELLECTUAL PROPERTY. A Patent is a form of intellectual property.
We must have the knowledge of the history of Patents in the U.S. for Black people, as well. It appears that there have been different RULES for property ownership by Black people and the RESTRICTIONS placed upon Black people for owning property. Perhaps, another of many causes for the demand for REPARATIONS?
Seeing the IMPORTANCE of intellectual property ownership and the creation of practical asset protection programs, this is a topic that should continue in our community for many, many years to come.
Links to more info about the PATENT subject:
The Colorblind Patent System and Black Inventors
The Black innovators who elevated the United States: Reassessing the Golden Age of Invention
Black Inventors Historically Denied Rights Under Patent Law
With Patents or Without, Black Inventors Reshaped American Industry
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