IP Development for Biometric Digital Credentials
Client:
Imageware
Project Date:
2021-2022
Objectives:
Conceptualize, develop, and secure intellectual property rights for decentralized biometric solutions, revolutionizing digital credential verification and promoting user privacy.
Situation & Tasks:
Imageware, looking to expand into the digital identity space, required rapid research & development of industry-leading IP to secure new enterprise and government clients. With a product vision set, Imageware looked to differentiate its product and protect its investment by generative a relevant, industry leading patent portfolio in the digital identity space.
Actions:
Market and Patent Landscape Analysis: Conducted comprehensive research on the current decentralized biometric technology landscape, identifying potential white spaces for innovation and IP acquisition.
Concept Ideation workshops: Organized futures-facing IP sessions with technical and product teams to generate innovative patent seeds for digital identities, decentralized credentials, and active biometric use cases.
Prototype Development: designed rapid product and technical architecture to bring preliminary concepts to life, validating the feasibility and market potential of these ideas and narrowing Imageware’s scope to focus on relevant, competitive products and use cases.
Legal Collaborations: Worked closely with external legal teams to prepare robust patent applications, ensuring all unique innovations were captured comprehensively.
Patent Delivery: Submitted 8+ market-leading patents to Imageware’s executive team, focusing on various aspects of decentralized credential & biometric digital identity ecosystems.
Market Communication Strategy: Developed a strategy to communicate Imageware's IP strength to stakeholders, building confidence and showcasing the company's leadership in the digital identity & biometric digital credentials space.
Results:
Successfully established a strong intellectual property portfolio for digital identities & decentralized biometric digital credentials, positioning Imageware as a frontrunner in the market and opening new avenues for product development, sales, & partnerships. IP portfolio led to increased interest during Imageware’s pursuit of a merger/acquisition, with the digital identities portfolio leading future facing conversations. Imageware’s IP and assets were ultimately acquired by Tech5.
