MUMBAI, India, Jan. 9 -- Intellectual Property India has published a patent application (202521099532 A) filed by Dr. Sachin Kumar Nagle; Dr. Bhumit Vyas; Dr. Prince Jaiswal; Dr. Kailash Patel; Dr. Pawan Pushpad; Mr. Kshitij Khare; Dr. Subodh Sharma; and Trinkul Kalita, Betul, Madhya Pradesh, on Oct. 15, 2025, for 'the future of commerce: strengthening security and transparency through blockchain innovations.'
Inventor(s) include Dr. Sachin Kumar Nagle; Dr. Bhumit Vyas; Dr. Prince Jaiswal; Dr. Kailash Patel; Dr. Pawan Pushpad; Mr. Kshitij Khare; Dr. Subodh Sharma; and Trinkul Kalita.
The application for the patent was published on Jan. 9, under issue no. 02/2026.
According to the abstract released by the Intellectual Property India: "The present invention relates to the development of the use of blockchain technology is revolutionizing commerce by providing previously unheard-of levels of security, transparency, and trust. Traditional systems face challenges like data breaches, fraud, and a lack of accountability as digital transactions grow in popularity. By enabling decentralized, impenetrable ledgers that guarantee transaction integrity and real-time verification, blockchain advancements help to overcome these difficulties. Through smart contracts and tokenization, this abstract examines how blockchain can transform digital payments, supply chains, and contract enforcement. It draws attention to how distributed ledger technology might improve consumer trust and industry-wide regulatory compliance."
Disclaimer: Curated by HT Syndication.
