BOTS, Inc. a startup involved in the development of various innovative services and technologies recently announced that it was now part of the Open Invention Network (OIN). OIN is the biggest patent non-aggression community in the history of the world.
What this Means for Bots, Inc.
Bots Inc. will now be part of a community that consists of over 3200 OIN licensees. The company is a leader in the robotics and blockchain technology sector, and are committed to the use of open-source software. Recently, they announced that they had acquired BTC ATM patents and other pending patents from First Bitcoin Capital Corp. They plan to create a Global Bitcoin ATM network that is powered by open-source software. Their BTC ATM plans are being implemented in conjunction with First Bitcoin Capital.
According to Paul Rosenberg, the Bots, Inc. CEO, joining OIN was a demonstration of their support for open-source software. Additionally, it demonstrated the company is committed to supporting patent non-aggression in the development of open-source projects.
What is OIN?
The Open Innovation Network (OIN) is the biggest patent non-aggression community in the history of the world. Its goal is to support the freedom of action in Linux as a core element of open-source software. Patent non-aggression is a practice with OSS. A litmus test for authentic practices includes joining OIN. Today, OIN has over 3200 community members. Companies such as IBM, Google, Sony, Philips, Toyota, SUSE, and NEC fund their activities. Thus far, OIN owns over 1300 patent applications globally. The patent licenses and member cross-licenses are offered royalty-free to any organization that joins OIN.
About BOTS, Inc.
Bots, Inc. is a company based in San Juan, Puerto Rico. It is publicly traded on the Börse Stuttgart under the ticker (M06.SG) and the OTC markets using the symbol (BTZI). The company engages in a diverse range of activities that include the development of technologies and services within the robotics and blockchain sectors. Their goal is to promote innovation in digital robotic automation management via decentralized blockchain solutions and digital technology. The management of the company is committed to the growth of Robotic Process Automation and Distributed Asset Technology.
About First Bitcoin Capital Corp
First Bitcoin Capital Corp is a company that has been working within the crypto and blockchain space since 2014. They hold the record for being the first publicly traded crypto and blockchain-focused company. The company provides its shareholders with diversified exposure to the crypto space and blockchain technology.
First Bitcoin Capital Corp also owns an important Bitcoin ATM Patent, U.S. Patent No. 9,135,787. They began working on their own blockchain and a crypto coin called First Bitcoin (BIT) in 2016. Recently, they made upgrades to the BIT wallet and added functionality. BIT can be mined via a combination of PoW and PoS. The circulating supply of BIT to data is 20,707,629,255 BIT.
Partnerships within the technology world are important to the growth of the crypto industry. By joining OIN, Bots, Inc. is helping to expand the horizons of the crypto industry. Such partnerships make it easier for crypto and blockchain technology to be integrated into as many sectors as possible.
Image Source: Bots Twitter