Networking

“System For Communication From A User To The Publisher Of A Scannable Label”

TransactionsIP LLC is pleased to present the exclusive patents for sale “System for communication from a user to the publisher of a scannable label” which includes U.S. Granted Patents US 10,395,083 B2, US 10,614,277 B2, US 9,811,706 B2, US 11,003,878 B2 & US 20210224496 A1 assigned to Sharetech LLC. The IP relates generally to the exchange of private information over a public network, and more particularly to a system for publishing and using scannable labels for facilitating private communications with a remote business or individual.

The technology disclosed provides the following advantages:

• QR codes now are used in a much broader context, including both commercial tracking applications and convenience-oriented applications aimed at mobile-phone users (termed mobile tagging).
• QR codes can be used to display text to the user, to add a vCard contact to the user’s device, to open a Uniform Resource Identifier (URI), or to compose an e-mail or text message.
• QR codes can be also used to establish a secure log in to an associated device. Authentication is performed by the user’s smartphone which uses the information in QR code to contact the responsible authentication server and execute the appropriate authentication protocol.

The QR Code Labels market is estimated to grow from USD 0.90 billion in 2017 to USD 2.1 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 9.8% during the forecast period. The QR Codes Payment market is estimated to grow from USD 8.07 billion in 2020 to USD 35.07 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 16.1% during 2021-2030 period.