Intellectual Property India Publishes Patent Application for 'A Blockchain-Based System For Decentralized Governance And Lifecycle Management Of A Physical Or Infrastructure Asset' Filed by Vellore Institute Of Technology

MUMBAI, India, March 13 -- Intellectual Property India has published a patent application (202641025055 A) filed by Vellore Institute Of Technology, Vellore, Tamil Nadu, on March 3, for 'a blockchain-based system for decentralized governance and lifecycle management of a physical or infrastructure asset.'

Inventor(s) include Dr. K. Ragavan; Varshan Manish; M Gokulesh; and Harish K N.

The application for the patent was published on March 13, under issue no. 11/2026.

According to the abstract released by the Intellectual Property India: "The present invention relates to a blockchain-based decentralized system for governance and lifecycle management of physical or infrastructure assets. the system generates a unique cryptographic digital id...