Nippon Telegraph and Telephone had six patents in regtech during Q1 2024. The patent filed by Nippon Telegraph and Telephone Corp in Q1 2024 is for a determination apparatus that calculates the reliability of a second user performing a transaction action based on information provided by both users, and determines the feasibility of a transaction contract based on this expected value. GlobalData’s report on Nippon Telegraph and Telephone gives a 360-degree view of the company including its patenting strategy. Buy the report here.

Nippon Telegraph and Telephone grant share with regtech as a theme is 50% in Q1 2024. Grant share is based on the ratio of number of grants to total number of patents.

Recent Patents

Application: Determination apparatus, determination method and program (Patent ID: US20240005329A1)

The patent filed by Nippon Telegraph and Telephone Corp. describes a determination apparatus that inputs information about transaction actions expected from two users, calculates the reliability of one user based on the actions of the other user, and determines the feasibility of a transaction contract based on this expected value. The apparatus includes features such as the ability to calculate expected value using user-selected algorithms, verifying the credibility of user information, and notifying users of significant ability differences between them.

Additionally, the patent includes claims for a determination method executed by a computer, which involves inputting transaction action information, calculating expected value based on user actions and information, and determining transaction contract feasibility. It also covers a non-transitory computer-readable recording medium storing a program that enables a computer to function as the determination apparatus described in the patent. These claims highlight the technical implementation and practical application of the determination apparatus in assessing transaction reliability and feasibility based on user information and actions.

To know more about GlobalData’s detailed insights on Nippon Telegraph and Telephone, buy the report here.

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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.