DatChat, Inc. (NASDAQ: DATS) shares grew by leaps and bounds Tuesday, as the secure messaging and social media company today announced that the Mexican Patent office issued a Notice of Allowance for patent application MX/a/2022/001527 titled “Systems and Methods of Transforming Electronic Content.” Following receipt of the Notice of Allowance, DatChat filed the final issue paperwork, paid the issue fees, and expects formal issuance of the patent in the next 90 days.
“The accelerating use of portable electronic devices such as smart phones or tablets for captured images, video content and texts requires advanced security and privacy methods for content control and security. We believe our solutions are supported by best-in-class technology and systems, so patent protection is a top business priority,” said CEO Darin Myman. “Robust IP is the cornerstone of our strategy for scaling our technology and expanding services within our digital metaverse. This new Mexican patent expands coverage for our proprietary systems to 15 in total.”
DatChat’s intellectual property provides early and first mover advantages in developing and marketing advanced technology that secures rights to privacy, protection and free speech for social media users.
DatChat, a secure messaging and social media company that not only focuses on protecting privacy on personal devices, but also protects user information after it is shared with others.
DATS shares jumped 18 cents, or 7%, to $2.74.
