DocuSign had 17 patents in digitalization during Q2 2024. DocuSign Inc’s patents filed in Q2 2024 cover a range of innovative technologies. These include a system for computable contracts that manages contract formation and execution stages, a document management system that uses computer vision and natural language processing to surface changes in PDF documents, a centralized auditing system for verifying audit blocks and maintaining an audit register, a document execution engine that identifies high-risk passages in documents, and a centralized document system that integrates online document execution and conferencing for electronic signature envelopes with multiple participants. GlobalData’s report on DocuSign gives a 360-degree view of the company including its patenting strategy. Buy the report here.
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DocuSign had no grants in digitalization as a theme in Q2 2024.
Recent Patents
Application: System and method for forming, storing, managing, and executing contracts (Patent ID: US20240202663A1)
The patent filed by DocuSign Inc. describes a system and method for computable contracts that involves a contract management system accessible by parties involved in the contract. The system manages the formation stage of a contract document by obtaining object components, assembling a contract object graph, and committing it to post-formation execution. During the post-formation stage, the system executes the contract object graph by receiving contract state updates and appending update object components accordingly. Variations of the system may include peer-to-peer negotiation, cryptographic contract object graphs, and integration with distributed ledgers.
Claim 1 of the patent outlines a method that involves managing the formation stage of a contract document within a contract management system accessible by involved parties. This includes obtaining object components, creating a contract object graph, and committing it to post-formation execution. During the post-formation stage, the method involves executing the contract object graph by receiving contract state updates and appending object components based on the updates. This claim highlights the innovative approach of using computable contracts to streamline contract management processes and enhance the efficiency of contract execution.
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GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
