Granted Critical U.S. Patent for Q by SoLVBL(TM) Toronto, Ontario--(Newsfile Corp. - October 19, 2021) - SoLVBL Solutions Inc. (CSE: SOLV) ("SoLVBL" or the "Company") is pleased to announce that the United States Patent and Trademark Office (USPTO) has granted the Company U.S. Patent No. 11,146,3866 for its "Method and System for Authentication Seal Deployment in Networked Immutable Transactions".
This patent confirms that the intellectual property of the Company's flagship cryptographic cybersecurity product, Q by SoLVBLTM, is both unique and will be protected, and creates enhanced value for the Company's growing intellectual property portfolio.
Q by SoLVBLTM allows users to authenticate their data in real-time. The users can be confident that their data has not been altered or substituted, and they know the provenance of their data, and these attributes extend to third-party users of the same data. Outside users can in real-time perform the same checks and receive the same assurances.
This key patent is the next step in the Company's growth and has been nearly two years in the making. In the ever-evolving world of cybersecurity and overall technological developments, this patent sets the Company apart from its peers.
"We are pleased to have reached the remarkable milestone of having been granted this patent by the USPTO," said Raymond Pomroy, CEO of SoLVBL. "In any Company's growth, being able to validate technology that is indeed unique and worthy of receiving a patent is not a common occurrence, and one we have worked very hard to procure. This patent grant is a critical milestone for SoLVBL. It confirms to shareholders SoLVBL's ground-breaking best-in-class cryptographic cybersecurity technologies and the carrying value of one of our key assets. It also greatly enhances SoLVBL's strength in negotiating business development, partnership and sales opportunities with international organizations. SoLVBL has taken a reputational leap with the official grant of this broad, commercially relevant US patent and I'm confident it will prove to be a key steppingstone in our journey to profitability," added Raymond Pomroy, CEO of SoLVBL.
The patent granted comes after a rigorous process conducted by the USPTO following the first lodgment on January 17, 2020. The granting of the patent also validates an independent third-party cryptographic review and validation, that was previously announced, that had been provided by Professor Sonam Kaul of University of Toronto's Mathematical and Computational Sciences Department.
Q by SoLVBLTM ensures that the data you use has not been subject to unauthorised modifications, which allows you to create Trust, Fast.
If you have data worth forging, it's worth protecting with Q by SoLVBLTM.