MUMBAI, India, Feb. 27 -- Intellectual Property India has published a patent application (202641017673 A) filed by Ramachandra College Of Engineering, Eluru, Andhra Pradesh, on Feb. 17, for 'cryptocurrency adoption in emerging markets opportunities and risks for financial inclusion.'
Inventor(s) include Dr. Kota. Venkateswarlu; Chitti Babu; and Basava Aruna.
The application for the patent was published on Feb. 27, under issue no. 09/2026.
According to the abstract released by the Intellectual Property India: "The present invention discloses a method and system for facilitating cryptocurrency adoption in emerging markets to promote financial inclusion, addressing both opportunities and risks. The Emerging Market Crypto Inclusion System (EMCIS) integrates blockchain infrastructure with artificial intelligence for risk mitigation, user education, and transaction facilitation. Key components include a secure wallet module, an AI risk analyzer, a community learning platform, and a regulatory compliance engine. These elements are interconnected via a decentralized network to ensure seamless data flow and real-time adaptations. The method involves user onboarding, risk assessment, educational training, secure transactions, and ongoing monitoring, resulting in enhanced accessibility for underserved populations while reducing exposure to market volatility and security breaches. Analysis shows improved user retention and economic empowerment, with applications in remittances, savings, and lending services. This invention maintains novelty by employing adaptive AI models that evolve based on regional economic data, unlike static existing systems."
Disclaimer: Curated by HT Syndication.
