The United Scientists Association of Technology (USAT) Inc is an Australia-based not-for-profit organization that aims to work as an innovation platform for humanitarian and scientific ideas.
USAT will help innovators gain patents for their ideas and then purchase the approved patents on an agreed upon price. Their marketing team will sell or license the patent. It will concentrate on engineering and commercial solutions that have potential to benefit humanity. Its first project is a Solar Wind farm in Queensland, Australia
How USAT Works
USAT’s goal is to decentralize intellectual property (IP) ownership. Anyone can buy USAT tokens to become owners of USAT’s current and future IP repository.
It is also affiliated with Australian Institute of High Energetic Materials (AIHEM). AIHEM already has supplied USAT platform many of its patents and it will continue to provide USAT with future IPs. The USAT tokens sale began on February 15, 2018.