- VeChain secures key U.S. patents for property rights transfer and workflow node certification, enhancing its blockchain capabilities.
- Following recent patent approvals, VeChain’s VET sees a 7.07% price increase, with analysts forecasting a 16.5% rise by mid-March 2025.
VeChain has reached a historic point by securing another U.S. patent, focusing on property rights confirmation and transfer methods. This new development comes on the heels of another patent granted to the company for blockchain-based workflow node certification, marking further advancements in its blockchain capabilities.
As of March 4, 2025, VeChain’s subsidiary NanoJClean received approval for the patent titled “Property Right Confirmation & Transfer Methods, Systems, Electronic Device, & Storage Medium” (US Patent Number 12,243,115 B2). This advanced technology aims to simplify the process of confirming and transferring property rights in the context of electronic devices and digital storage mediums.
#VeChain has secured another US patent on 4 March 2025 via its subsidiary #NanoJClean
“Property Right Confirmation & Transfer Methods, Systems, Electronic Device, & Storage Medium”
Another win
#blockchain #tech $vet #vefam #propertyright https://t.co/IlDFrE1fsN pic.twitter.com/cwMmJwHTPg
— AprilStrawberry (@APRIL5TRAWBERRY) March 4, 2025
The newly granted patent addresses methods and systems for improving the efficiency and user experience of confirming and transferring ownership of digital assets. By focusing on electronic devices and storage mediums, this patent will provide a more seamless and secure process for digital property transactions.
It will also include features that ensure the transfer process is effective and user-friendly. The patent was originally filed on December 9, 2020, and published in June 2021. However, it was officially granted on March 4, 2025.
This patent has international recognition, with earlier filings in China, making it part of VeChain’s broader effort to expand its technological reach. The patent’s development was led by inventors from Shanghai, including Qianjie Geng and Jianliang Gu, who have played major roles in shaping VeChain’s digital asset solutions.
Blockchain Workflow Node Certification Patent
In addition to the patent concerning property rights, as reported in our previous post, VeChain secured another key U.S. patent for a blockchain-based workflow node certification method. This patent, granted on February 25, 2025, is titled “Blockchain-Based Workflow Node Certification Method and Device” (US Patent Number 12,238,220 B2). It outlines a system for managing workflow certification by using blockchain technology.
This method involves a general workflow template with several nodes, each of which can be audited and certified if needed. The process ensures that only the necessary nodes are certified, making it a more efficient way to manage workflow integrity and security.
VeChain’s efforts in patenting blockchain-based workflow management systems are crucial for industries requiring transparent and secure processes. These technologies are expected to streamline operations and foster trust in digital and enterprise ecosystems.
Market Performance and Future Outlook
Following this announcement, VET has seen its market performance rise with a 7.07% increase in price, reaching $0.02789. With a market capitalization of $2.25 billion, VeChain continues to display a strong market sentiment.
Notably, the circulating supply of VeChain stands at 80.98 billion VET, with a total supply of 85.98 billion VET. The recent patent grants are expected to further contribute to the project’s market relevance, especially as blockchain continues to gain mainstream attention for various use cases.
Experts, including popular analysts, have predicted a positive price rise for VeChain in the coming months. According to forecasts, VET could rise to $0.031 by mid-March 2025, potentially delivering a 16.5% return on current levels.
This bullish outlook is tied to growing optimism surrounding cryptocurrency adoption, particularly as events such as the upcoming White House Crypto Summit may influence market direction.
The post VeChain Secures Key US Patent—Advancing Blockchain for Property Rights appeared first on ETHNews.
