Crunchfish’s initial PCT patent application for Digital Cash published
Crunchfish AB’s initial PCT patent application for Digital Cash has been published today, 18 months after the local filing date. Crunchfish has analysed the International search report and will modify its patent claims before demanding an International Preliminary Examination with the aim of getting an International Preliminary Report on Patentability.
Patent applications become public 18 month after the initial local filing date, unless they are abandoned. Today, the application PCT/SE2020/051251 and International Search Report of Crunchfish initial Digital Cash application was published by the World Intellectual Property Organization.
Crunchfish has analysed the search report and intend to move forward with an amended application as the basis for the International Preliminary Examination that must be filed before November 29th, 2021, in order to get an International Preliminary Report on Patentability before May 29th, 2022.
“As expected in a hot area as payments, prior art exist as the International Search Report indicates. We have identified how to modify our application in order to aim at a favourable report on patentability and a strong IP-protection of our Digital Cash solution”, comments Crunchfish CEO Joachim Samuelsson.
A PCT application does not lead to a patent, rather to an international search and a written opinion regarding patentability (novelty, inventive step and industrial applicability). In the national phase which starts 30 months after the initial filing date, each country applies its own patent law in the final examination.
For more information, please contact:
Joachim Samuelsson, CEO at Crunchfish
+46 708 46 47 88
joachim.samuelsson@crunchfish.com
Erik Berggren, IR Manager
+46 726 01 16 73
erik.berggren@crunchfish.com
Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se. Telephone +46 40 200 250.
About Crunchfish – crunchfish.com/DigitalCash
Crunchfish is a technical pioneer in Digital Cash payments, with a two-step payment process, first clearing offline followed by online settlement. Crunchfish also has businesses in Food Waste and Gesture Interaction. Crunchfish is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with representation in India.
