LEAWOOD, Kan., March 4, 2020 /PRNewswire-PRWeb/
-- Farmobile LLC, Agriculture's Independent Data Company™,
today announced that the United States Patent and Trademark Office
has issued U.S. Patent No. 10,491,608, entitled, "Distributed
Transaction-Based Security and Tracking of Agricultural Machine and
Agronomic Data." Farmobile's cutting-edge innovation harnesses the
benefits of blockchain technology to ensure that Farmobile's
DataStore℠ transactions can be tracked, immutably recorded and
reliably audited.
Among other things, Farmobile's now patented blockchain
technology ensures that only authorized individuals have access to
data they have personally purchased, licensed or uploaded through
the Farmobile DataStore exchange.
Farmobile is the among the first to secure a patent to use
blockchain in connection with ag data licensing or sales.
"This is a very big deal and a significant addition to
Farmobile's patent portfolio. It demonstrates our team's ongoing
dedication to innovation, invention and establishing protocols to
guide and ensure data provenance, tracking and security for data
monetization opportunities between participating farmers and a
plethora of buyers who want access to these proprietary data sets,"
said Jason Tatge, Farmobile CEO.
"Farmers using the Farmobile Data Store exchange will now have an
even more secure and more transparent way of selling their data and
managing farm data licenses across multiple buyers."
Farmobile's DataStore is the world's first online marketplace
for agricultural data, created to fairly compensate farmers for
their digital assets. The exchange facilitates transactions between
a data buyer and interested farmer-sellers. Those who choose to
participate can sell single-use licensed copies of their certified
agronomic and machine data for use by the licensing party only
after approving the buyer and all transaction details.
"From the beginning, we recognized the importance of developing
and then protecting our technology," noted Chris Schibi, Farmobile chief technology
officer. "As the market visionary in creating a digital marketplace
for farmers, we knew that we had to prioritize data tracking and
transparency, which is vital to Farmobile's collect-share-monetize
ecosystem. We are proud to have our innovation recognized by the
U.S. patent office."
Under the patent, Farmobile retains exclusive right to use
blockchain (distributed ledger technologies) to track electronic
agricultural data sets based on associated transactions through the
Farmobile DataStore. Credited for the invention include:
Jason Tatge, CEO; Chris Schibi, chief technology officer, and
Daniel Mola, chief architect.
"Our mission has always been to do whatever we can to help keep
farmers farming and rural America strong," said Tatge. "I believe
the technology we're building is vital for the future of
agriculture and a way to put new dollars back into our rural
communities. Science-worthy, machine-readable data can impact many
stakeholders in the industry. Companies providing services and
products to farmers become better informed and more efficient in
their ability to improve a farm's bottom line. The Farmobile
DataStore exchange is just one more tool that can add value for
farmers."
For more information about Farmobile and the benefits and values
of a collect-share-monetize farm data strategy, visit
http://www.farmobile.com.
About Farmobile
Farmobile LLC — Agriculture's Independent Data Company™ — builds
foundational technology for the future of agriculture. Farmobile
enables farmers and channel partners to collect, share and monetize
data.
Agriculture doesn't use a standard data format. Farmobile does.
We specialize in collecting second-by-second agronomic and machine
data points across mixed fleets. The Farmobile DataEngine℠ platform
turns raw data into its own unique standardized, visual Electronic
Field Records (EFRs) making it easy to gain insights, share with
trusted advisors and power decision making.
Data is among the most valuable commodities a farm produces and
farmers should benefit from it. The Farmobile DataStore℠ exchange
is the first to digitally connect farmers with data buyers. Based
in Leawood, KS, Farmobile proudly
resides in the heart of the Midwest.
SOURCE Farmobile