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LOCOPAY Strengthens Patent Portfolio for On-Site Consumption-Type Furusato Tax Donations

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AI Summary (NQ-processed)

LOCOPAY Inc. announced it will advance its business utilizing the intellectual property of Sanshousha Co., Ltd., following the latter's acquisition of a new patent (Patent No. 7863926) related to on-site consumption-type furusato tax donations. This strengthens the technological foundation supporting the process from on-site donation to immediate reward provision.

AI Analysis

Frequently Asked Questions

Q: What is on-site consumption-type furusato tax donation?
A: A system where donors visiting a region can make a donation to the local government on the spot and immediately receive a reward or local service/experience.
Q: What is the content of the patent LOCOPAY utilizes?
A: Technology that supports a series of processes from on-site donation acceptance, payment confirmation, identification of reward businesses, to outputting information necessary for reward execution.
Q: What is the significance of this patent acquisition?
A: The core technology of LOCOPAY's on-site consumption-type furusato tax service is now legally protected, strengthening its competitive advantage.