The Seon International Patent Law Firm offers a special lecture on patent strategy to companies in the Seoul Fintech Lab.
At Thessen International Patent & Law Firm, we support innovative startups that will lead the future of finance and continue our professional activities to contribute to a healthy technology ecosystem.
As part of this effort, our Managing Patent Attorney, Park Sung-jun, delivered a special lecture on "Essential Patent Strategies for Fintech Startups" to promising companies in Seoul's leading fintech incubator, Seoul Fintech Lab, on August 13, 2021.
Why are patents essential for fintech startups?
In the fintech industry, ideas and technology are corporate assets and core competitiveness. In particular, business method (BM) patents, artificial intelligence (AI) algorithms, and data security technologies are often intangible but crucial factors that determine a business's success or failure. Therefore, without a systematic patent strategy, technologies developed through significant investment and effort can be stolen overnight or left helpless by large capitalists.
This special lecture is designed to prevent these risks and help resident companies build strong legal rights around their technologies, thereby strengthening their business.
[Main Lecture Content]
What can be patented in the fintech sector? (BM, AI, platforms, etc.)
“When” should a patent be filed? (Before attracting investment? After launching a service?)
IP-related mistakes and pitfalls common among startups
How to build a patent portfolio that outperforms competitors and enhances corporate value
An analysis of actual cases of patent dispute success and failure among fintech companies
Many startup CEOs and stakeholders who attended the lecture expressed great satisfaction with the practical examples and tailored strategies presented, reaffirming the importance of IP.
We at Thessen International Patent Law Firm will continue to share our expertise and experience to help promising domestic technology companies build a solid foundation for global competition based on their ideas alone.
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