DocuSign had nine patents in future of work during Q2 2024. DocuSign Inc’s patents in Q2 2024 focus on innovative systems and methods for computable contracts, document execution engines utilizing machine learning models to identify high-risk passages, integrating electronic signature envelopes with conference agendas to dynamically assign control permissions, and monitoring participant actions during conferences to automatically modify shared content based on the agenda. These patents aim to enhance contract management, document execution, and collaboration processes for involved parties. 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 future of work 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.
One of the claims in the patent describes a method that involves managing the formation stage of a contract document in a contract management system by obtaining object components, creating a contract object graph, and committing it to post-formation execution. During the post-formation stage, the method includes executing the contract object graph by receiving contract state updates and appending update 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 through dynamic updates to the contract object graph.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
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.
