Nanda Crypto: USAT

The American Society of Scientists and Engineers (USATT) or USAT is an Australian-based organization that uses digital currency Utoken. Utoken ICO will be available from February 15, 2018.

By default, subscribing to USAT's Utoken token will buy some of your company's intellectual property. The company has two Australian patents related to the use of solar energy. When you purchase Utokens, you will purchase the percentage of all current and future patents owned by the company.

USAT obtained a patent from an Australian research company called AIHEM.

The American Society of Scientists and Engineers (USATT) or USAT is an Australian-based organization that uses digital currency Utoken. Utoken ICO will be available from February 15, 2018.

USAT obtained a patent from an Australian research company called AIHEM.

USAT Inc has an intellectual property (IP) repository. IPs reported by the USAT include "legitimate, identifiable and invisible patents and trade secrets".

IP storage is opened for shared ownership. Utokens allows you to buy real estate.

In other words, each of the purchased works represents ownership of intellectual property rights. Utoken is USAT Inc. Represents common ownership of all current and future patent and trade secrets stored in IP archives.

What trade secrets are kept by the American Society of Scientists and Engineers (USAT)? What is the potential future secret?

USAT Inc is also affiliated with "High Energy Materials Institute of Australia" or AIHEM. The USAT report explains this as a "professional alliance based in Australia, founded in 2009, with the task of promoting basic scientific research and applications on the expansion of knowledge."

AIHEM's network consists of 138 associate professors, 65 associate professors, 89 doctoral scientists and 28 master's technical experts from more than 50 countries worldwide.

This is the core value of the USAT's intellectual property: the organization claims to have received a "new technology offer" from AIHEM.

After the USAT received a proposal from AIHEM, the team carefully reviewed each proposal. They choose only proven technology and commercial benefits. The selected proposal is supported by USAT Inc. with the goal of creating innovative products.

Finally, the USAT will complete the project and introduce it to the market. At this point it happens to the Utoken owner.

USAT will continue its fiscal cycles by reinvesting profits on new projects through AIHEM's fixed pipeline supply.

USAT cancels and recalculates the calculated rates of Utokens through wise agreements.

ICO USAT

USAT is issuing 1,525 million Utokens. Each Utoken represents a common ownership of all current and future patents and trade secrets stored in the USAT archive.

This token is worth $ 0.04 before the ICO and $ 0.20 at the end of the ICO.

Token sales will begin with pre-sale on February 15, 2018. ICO is expected to continue through June 15, 2018.

You can contribute to selling tokens through ETH.

Of the total 1.55 million Utokens, 50% are distributed to ICO investors. The remaining code is USAT Inc. (35%) and the Fund (15%).

75% of the money raised during the sale of tokens is allocated to product development, including the marketing and development of various USAT patents. The remaining funds are used for 20% of USAT support groups (IT and ICO developers are legal, accounting, marketing and PR advisers), marketing (2%) and operations (3%).

USAT wants to raise $ 76 million (!) Through token sales.

AIHEM

One of USAT's key partners is USAT Inc. The Australian Institute of High Energy Materials is a thinker who has contributed a significant amount of new technology proposals to the platform.

AIHEM participates in a large international network of collaborations with renowned scientific organizations and renowned scientists and engineers. Publish selected scientific papers and research reports on research bulletin boards and hold international and Australian conferences and seminars.

What kind of patents does USAT own?

The USAT argues that it has a lot of data on other important trade secrets and intellectual property rights. They also argue that more proposals are coming down to the AIHEM pipeline on a regular basis.

However, according to the USAT report, the company claims to have only two patents. Both are Australian patents.

Patent # AU 2017100315:

This patent is "a multi-layer material that converts solar radiation into kinetic energy of a liquid." Basically, it describes a method and device that can convert solar energy into electricity through solar wind farms.

Patent # AU 201710410:

This patent mentions "recovery of waste heat for cogeneration of solar power plants". This is converted into electricity by the waste heat of computers and other electronic equipment.

In general, the official USAT report describes these patents as valuable technologies for future development. This enables customers to reduce electricity production costs and become a fully autonomous power supplier.