USAT is an Australian organisation utilising blockchain technology to decentralise the intellectual property processes. Through their platform they fund, develop and commercialise intellectual property, supporting innovators and providing token holders with strong growth opportunities.
The United Scientists Association of Technology platform is the first of its kind connecting inventors and innovators to funding through blockchain technology.
When a new technology is developed, they assist the inventor in patenting the innovative product and then purchase the rights to the IP and patents for an agreeable fee.
Once acquired, all patents and trade secrets are added to the USAT IP Repository where they are stored and made available for shared ownership.
A USAT Token is a token of shared ownership of all present and future patents stored in the USAT Inc. IP repository. A USAT Token holder is a part-owner of all of these patents.
USAT Tokens are used in all transactions between the United Scientists Association of Technology Inc. and third parties, including IP acquisitions from inventors and IP or product sales to non-government buyers.
As a non-profit organisation they have a vision to develop breakthrough, innovative products that have a positive impact on developing countries and ultimately the world.
Central to their organisation are humanitarian projects that implement our technologies to the communities and people that need them most.
Dr. Benedict de St. Amatus