ALPS is a web3.0 infrastructure platform at the Law/FinTech intersection based on Distributed Ledger Technology (DLT) leveraging Smart Contracts. ALPS automates the licensing royalty payment process for intellectual property (IP) embedded in connected, electronic IoT devices. Originating from the University of Cambridge, ALPS is a game-changing, potentially disruptive technology at the Fin/Legal tech intersection built on a Distributed Ledger architecture leveraging Smart Contract technology. It can be deployed to the…

ALPS enables novel licensing models (e.g. pay-per-use) addressing the demand from manufacturers to offer customers the opportunity to enable/purchase product features after the point-of-sale decision, while minimising production costs by paying licensing fees only when those features are used and not when devices are manufactured. For innovators fair and accurate remuneration is essential when licensing their intellectual property (IP). However, current business practices for calculating and processing royalties are largely…

The current IP licensing paradigm is not fit for the digital economy. By digitising the IP licensing business process, ALPS unlocks value for innovators currently lost: ALPS unlocks value for enabling IP licensing growth through digitizing a business process that is ripe for disruption

ALPS (Automate Licensing Payment Systems) is a game-changing technology born at the University of Cambridge in 2017.