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BlackStar will Receive another Patent on its Revolutionary Digital Trading Platform: A Blockchain Encrypted Infrastructure Designed to Enable Securities to Trade on a Blockchain

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BlackStar Enterprise Group, Inc. received a 'Notice of Allowance' from the USPTO for a patent covering the trading of securities on a blockchain. The patent will enhance BlackStar's protection and enable trading of all kinds of securities on the blockchain through their Digital Trading Platform. BlackStar will have three patents issued covering blockchain technology applied to the traditional Broker Dealer Eco System.

Positive
  • BlackStar received a Notice of Allowance from the USPTO for a patent on trading securities on a blockchain, enhancing their protection and expanding their technological capabilities.

  • The patent will allow BlackStar to trade both registered and unregistered securities on a blockchain through their Digital Trading Platform.

  • BlackStar will have three patents issued covering blockchain technology applied to the traditional Broker Dealer Eco System, demonstrating their commitment to innovation and technological advancement.

Negative
  • None.

BOULDER, CO / ACCESSWIRE / May 9, 2024 / BlackStar Enterprise Group, Inc. ("BlackStar") (OTC Pink:BEGI)

BlackStar on 05/06/2024 received a ‘Notice of Allowance' from the United States Patent and Trademark Office (USPTO), U.S. Patent Application No. 18/415,938 Title: "Systems And Methods For Using A Digital Trading Platform To Trade Securities On A Blockchain." The technology claimed in the patent application covers trading of both registered and unregistered securities on a blockchain. BlackStar's revolutionary software is called the BlackStar Digital Trading PlatformTM ("BDTPTM"), a trading platform for electronic fungible shares in book-entry, and compliant at any U.S. Brokerage Firm.

When asked for comment, BlackStar's CEO, Joseph E Kurczodyna stated that "this patent gives BlackStar its broadest protection yet and provides broad coverage for the trading of securities of any kind on a blockchain." When this patent issues in due course through the USPTO, anticipated in June 2024, BlackStar will have three patents issued that cover blockchain technology as applied to the traditional Broker Dealer Eco System.

Other Info:
BlackStar Enterprise Group, Inc. (OTC: BEGI)
WEBSITE: blackstareg.com
EMAIL: info@blackstareg.com

CONTACT

Bryan P Hemphill….559-359-1480

http://www.blackstareg.com/investor-relations/

More information can be found in the Company's recently filings at the SEC web site: https://www.sec.gov/cgi-bin/browse-edgar?company=BlackStar+Enterprise&match=&filenum=&State=&Country=&SIC=&myowner=exclude&action=getcompany.

SEC Disclaimer

This press release is neither an offer to sell nor a solicitation of an offer to buy any securities in the United States or elsewhere. This press release may contain forward-looking statements. The words or phrases "would be," "will allow," "intends to," "will likely result," "are expected to," "will continue," "is anticipated," "estimate," "project," or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected in BlackStar's ("the Company's") business plan. The creation of subsidiaries and expansion of services into new sectors should not be construed as an indication in any way whatsoever of the future value of the Company's common stock or its present or future financial condition. The Company's filings may be accessed at the SEC's Edgar system at www.sec.gov. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company cautions readers not to place reliance on such statements. Unless otherwise required by applicable law, we do not undertake, and we specifically disclaim any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.

SOURCE: BlackStar Enterprise Group, Inc.



View the original press release on accesswire.com

FAQ

What patent did BlackStar receive recently?

BlackStar received a patent for 'Systems And Methods For Using A Digital Trading Platform To Trade Securities On A Blockchain.'

What is BlackStar's Digital Trading Platform called?

BlackStar's Digital Trading Platform is called the BlackStar Digital Trading PlatformTM (BDTPTM).

When is the patent expected to be issued by the USPTO?

The patent is anticipated to be issued in June 2024.

What does the patent cover?

The patent covers trading of both registered and unregistered securities on a blockchain.

How can securities be traded on the blockchain through BlackStar?

Securities can be traded on the blockchain through BlackStar's Digital Trading Platform.

BLACKSTAR ENTERPRISE GRP

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