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 global licensing market estimated at $25bn.