Smart Card Marketing Systems, Inc.OTC: SMKG

SMARTCARD MARKETING SYSTEMS INC. (OTCQB: SMKG) Patent Opportunities Underway For Several Company Business Processes.

· Issued by Smart Card Marketing Systems, Inc.

The company SMKG highlights its technology portfolio of Paytech, Fintech and Blockchain solutions for Cloud, Mobility and E-commerce. The News and reports on Patents opportunity is a further industry related confirmation to secure the market disruption.

The disruption caused by Fintech, Paytech and Blockchain companies has caused a massive shift in the way Industries such as Banking and various types of Financial Institutions look at operations moving the focus to non-traditional methodologies. Also, with the number of companies shifting their focus developing innovative processes and projects rising each day it is but essential for companies to safeguard their IP portfolio through Patents.

Patents in Fintech and Paytech industry largely focus on:

  1. Utility Non-Provisional Patents
  2. Utility Provisional Patents
  3. Graphical User Interface (GUI) Design Patents

Growth in Patents Market:

Interestingly, patent filings in the cryptocurrency space have bucked these general FinTech trends and have increased twenty-fold from 2007 to 2018.

USA is the leading jurisdiction both in terms of the number of registered patents and patent quality, accounting for a total of 39.5% of the sample, followed by China (15.5%), Korea (12.2%), Japan (7.8%), and Europe (7.1%)

Source: https://www.ntu.ac.uk/about-us/news/news-articles/2023/02/usa-leading-the-way-in-fintech-patent-quality-according-to-new-index

SmartCard Marketing Systems Inc. achieves a combination of offerings for digital transformation with over 22+ IP portfolio for many sectors. These are white-label Cloud, E-commerce and Mobility solutions that cater to multi-industry, multi-tenant use cases globally. This includes a big forward step into Web 3.0, Banking 4.0 and IoT solutions.

Industry Research & Tech related News & Report:

  • “IBM owns 5x more Fintech patents than all the banks put together”

Source link: https://cipher.ai/wp-content/uploads/2020/04/Fintech-report-understanding-the-role-of-patents.pdf

SmartCard Marketing Systems Inc. (OTCQB:SMKG) is currently considering and researching the opportunity of possible patent requests for 4 or more different processes potentially more in relation to Paytech, Chatbot AI CRM and Business Processes with improvements to other existing patents by 3rd parties: 

  1. Relation to its Granularchain and IoT set up 
  2. Onboarding and Activation verification for Digital ID issuance 
  3. Mobile Wallet and Eco-system 
  4. Virtual Assistant Machine Learning 
  5. Potentially some improvement and embedded processes improving existing patents design and processes. 

Dharmesh Vora President of Enterprise at SMKG stated "There are no certainties thus far but the availability to the company for the request is being prepared and considered for 2023.

All of SMKG’s platforms and business intelligence solutions meets the basic standards to file patents including Improved Network Security for a financial transaction and schema, innovative interface, Enhanced Computer Resource use, and Increased reliability in network traffic speed giving us an edge to look at the possible option.”

About SmartCard Marketing Systems Inc (OTCQB: SMKG):

SmartCard Marketing Systems Inc (OTC: SMKG) is an industry leader in specialized industry Multi-Tenant E-Commerce, Cloud and Mobility applications delivering White-Label solutions to the global PayTech and FinTech markets. SMKG is a boutique technology company, providing Business Intelligence, Commerce Strategies and Digital Transformation with a proprietary portfolio of applications and wireframes for Banking, Enterprises and Retail e-Wallets offering Cross-border Payments, Blockchain Protocols, Crypto Issuing, Chatbot AI, NFT Minting, Tokenization, Digital ID-eKYC, Digital Automation Strategies with option for “License to Own” marketplace applications.

For more info visit https://www.smartcardmarketingsystems.com
or visit our business applications marketplace at https://www.emphasispay.com

SmartCard's common stock is currently listed on the OTCQB under the symbol "SMKG". The shares of common stock covered by the registration statement were previously issued by SmartCard and are being registered to fulfill SmartCard's registration rights obligations to certain stockholders.

The registration statement, while effective, permits resale of the securities covered by the registration statement, subject to the satisfaction by the seller of the securities with the prospectus delivery requirements of the Securities Act of 1933.

The offering of the securities covered by the registration statement may only be made by means of a prospectus. The registration statement and prospectus may be accessed through the U.S. Securities and Exchange Commission's website atwww.sec.gov. A copy of the prospectus related to the offering may be obtained from SmartCard Marketing Systems, Inc., 20C Trolley Square,Wilmington, DE 19806, or by calling 844-843-7296.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of the securities in any state or jurisdiction in which the offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

We seek a safe harbor.

For additional enquiries & Enterprise Program connect with:

Dharmesh Vora

President Enterprise Solutions

SmartCard Marketing Systems Inc.

dvora@smartcardmarketingsystems.com


CEO, Massimo Barone
mbarone@smartcardmarketingsystems.com

SmartCard Marketing Systems Inc.

OTC:SMKG Ph: 1-844-843-7296
news@smartcardmarketingsystems.com