Skip links

Press

LOCI [low-key] Press Kit

LOCI (https://loci.io) has developed, and is continuing to develop, a suite of applications intended to disrupt and revolutionize the global patent industry for inventors as well as governments, institutions, and law firms. From our state of the art patent search engine, which allows anyone to see visually where various inventions land within the digital patent landscape, to our new Invention Analysis tool which gives an in depth assessment of new ideas in a way never before possible.

We are also allowing users to protect their ideas using the immutable properties of the blockchain and the prior art exception for public disclosures in American patent law.

All of this is leading up to an innovative “Marketplace for Ideas” facilitated by LOCIcoin tokens, where users can buy and sell inventions on the blockchain.

Jump to Section

Founder Bio   |   Company Information  |   Visual Assets   |   Social Media   |   Screenshots   |   Contact Information

John Wise, Bio

John Wise is CEO & Chairman of the Board of LOCI, Inc., a high-growth tech company that is simplifying the patenting process using blockchain technology. LOCI’s suite of products, including LOCI Search and LOCI Invention Analysis, consists of powerful and proprietary tools that inventors use to search, analyze, protect, and monetize their intellectual property. John brings a very diverse background to the LOCI team. For more than 15 years he worked as a mechanic, crew chief, data engineer, and team manager for some of the top teams in American racing. He witnessed hundreds of racing innovations and saw how difficult the patent process was firsthand. He won several championships during his tenure. John has extensive experience working with some of the largest patent holders in the industry as well as expertise in fluid dynamic engineering and data analysis. He is an industry thought leader and speaker, recognized by Entrepreneur magazine as a top entrepreneur in 2018.

Along with John’s pursuits in LOCI, Inc., he is also a Founding Member & Steering Committee Member of DATA – the Digital Asset Trade Association, founded in 2018. DATA is the leading advocacy group for distributed Ledger Technology (DLT) that has been helping to shape public policy issues to support the growth of digital assets (utilities), digital identity, smart contracts, and digital currencies.

Guardian
Washington Post
VentureBeat
Entrepreneur
Forbes

Company Information

LOCI (https://loci.io/) has developed, and is continuing to develop, a suite of applications intended to disrupt and revolutionize the global patent industry for inventors as well as governments, institutions, and law firms. From our state of the art patent search engine, which allows anyone to see visually where various inventions land within the digital patent landscape, to our new Invention Analysis tool which gives an in depth assessment of new ideas in a way never before possible.

We are also allowing users to protect their ideas using the immutable properties of the blockchain and the prior art exception for public disclosures in American patent law.

All of this is leading up to an innovative “Marketplace for Ideas” facilitated by LOCIcoin tokens, where users can buy and sell inventions on the blockchain.

Summary of Products & Path for Inventors

ANALYZE – LOCI Invention Analysis helps new inventors determine the Novelty of their ideas before they spend money trying to patent. This is a huge cost savings of about 95% compared to traditional Patent Attorney searches which generally cost over $2,000. LOCI Invention Analysis can also help guide inventors toward “white space” where there are relatively few existing patents, so the inventor has the best possible chance of being awarded a patent, and/or selling their idea. Inventors can submit multiple iterations to help refine their idea and identify alternative applications of their invention. The ultimate goal of the inventor while using Invention Analysis is to achieve an optimal “LOCI Score” which indicates that their idea is unique.

See screenshot provided further down this page.

PROTECT – Once an inventor has refined their idea to feel confident that it is Unique, then they can easily translate their idea into a provisional patent application that is directly filed with the USPTO, as well as stake their claim on the Ethereum Blockchain, which provides an immutable, undisputable time-stamp of the staked idea. This protects the invention for a period of 12 months at a very low cost.

MONETIZE – Next, the inventor can take up to three different paths, or all three paths at once.

      1. They can offer their idea for sale via the LOCI Marketplace (currently undergoing further development) which will help find a buyer for the idea BEFORE the inventor spends significant time and money seeking a full patent.
      1. They can go directly to potential buyers and use their “LOCI Score” acquired during the Invention Analysis phase to help open doors and create more demand for their idea by proving that their idea is unique and is in a high Demand field.
    1. They can also proceed to file a full patent with a registered patent attorney, which LOCI can help facilitate using their network of vetted patent attorneys offering discounted rates to LOCI users.

An inventor has an idea, but can’t afford to run a full patent search, or is too afraid to expose their idea for fear of having someone steal it, so he goes to LociSearch.com and securely inputs his idea to find out if it’s unique. He then uses feedback from the system to tweak and modify his idea until it achieves an optimal LOCI Score, showing that the invention is worth protecting. Then, with just a few clicks, he can file a Provisional Patent with the USPTO as well as stake on the blockchain. The idea can then be shared on the LOCI Marketplace, where it can be sold without the inventor ever incurring the massive costs of time and energy traditionally required to be awarded a full patent.

    • LOCI provides a FREE patent searching tool
    • LOCI reduces costs of prior art searches by 95%
    • Patented system powered by machine learning and data analytics compares inventors’ ideas to MILLIONS of global patents and documents
    • A LOCI Score represents the novelty of an idea
    • LOCI helps inventors stake ideas on the blockchain to establish an immutable timestamp
  • LOCI offers direct provisional patent filing
    • LOCI: A one-stop shop for DIY inventors
    • LOCI: Unlocking innovation for the aspiring inventors
    • LOCI: Reinventing inventing
    • With LOCI everyone is an inventor
  • LOCI’s uses machine learning and data analytics to compare your idea to MILLIONS of others in its global database

Screenshots

Invention Analysis (LOCI Score)

LOCI Score gives ONE number to tell an inventor how unique their idea is (compared to millions of other patents).

LOCI Search (Venn Diagram of IP)
More data provided analysis in our report

Keywords and Top Related Documents provided in the Invention Analysis report.

Additional Screenshots

Invention Analysis leads inventors through a step-by-step process.

Contact Information

Press inquiries?

Reach Out