Home Patent Forecast® Sectors Log In   Contact  
How it works Patent Forecast® Sectors Insights
Menu

Fed Up With Honey and Pollination, Bees Switch to Cryptocurrency

Z-ARCHIVE-Cryptocurrency Patent Forecast®

March 12, 2020

Bee feeders today function primarily to dispense water, bee feeding supplements, or treatments to world or domestic bees. An inventor by the name of Paul Stamets, a mycologist and entrepreneur, wants to add a new function to this list: monetization using cryptocurrency.

Stamets' recently published patent application describes a labyrinthine bee feeder (LBF) capable of monitoring and recording bee visits. As bees visit the LBF, the system is able to credit cryptocurrency to a user's account, based either on a quantity of visits or a type of pollen detected. This monetization of LBFs ties a cryptocurrency to a reliable and tangible benefit to farmers, wholesalers, manufacturers, and consumers.

Honey Bees, Beehive, Honey, Bees, Swarm Of Bees

Relevant Patent Documents

Application US20200068857  


View Patent Forecast®

Since the 2009 Bitcoin whitepaper, crypto currencies have risen in value, enabled decentralized global trade, but also endured market value fluctuation, theft, and use as tender for illegal transactions.

Z-ARCHIVE-Cryptocurrency   Patent Forecast®

View Patent Forecast® Top Corporations News and Insights Data Visualization

Since the 2009 Bitcoin whitepaper, crypto currencies have risen in value, enabled decentralized global trade, but also endured market value fluctuation, theft, and use as tender for illegal transactions.



301