- Dogecoin Cash Inc. (DOGP) is preparing a provisional patent application for its innovative "Dogecoin Protocol" (DogP).
- The protocol aims to integrate Dogecoin into decentralized applications without relying on bridges or wrapped tokens.
- New subsidiary, Dogecoin Treasury, Inc. (DTI), will hold the patent and focus on accumulating DOGE.
Dogecoin Cash Inc. (OTCQB: DOGP) has announced the preparation of a U.S. Provisional Patent Application for its "Dogecoin Protocol" (DogP) architecture. This new protocol is designed to facilitate the seamless integration of Dogecoin into decentralized applications through a blockchain-agnostic approach, eliminating the need for bridges or wrapped tokens.
The company has also established Dogecoin Treasury, Inc. (DTI), a wholly owned subsidiary responsible for managing and holding the intellectual property rights associated with the Dogecoin Protocol. DTI is tasked with accumulating Dogecoin (DOGE) through various methods, including direct acquisition, mining operations, and other potential revenue streams.
The "Dogecoin Protocol" under evaluation includes several key components such as a Chain-Connect Layer, which serves as a unified abstraction layer for Dogecoin and smart-contract chains, and a Low-Code Blocks SDK for building applications with Dogecoin modules. Additional features include the DogP Hub for cross-platform event launching, and DogP CLI & Cloud aimed at decentralized network deployments like IPFS.
Potential applications include cross-chain NFT minting using DOGE, DOGE-based tipping systems, token-gated DAOs, and deployment of decentralized applications leveraging Dogecoin's capabilities. These developments aim to expand Dogecoin's utility across different platforms, enhancing its integration and functionality in decentralized ecosystems.
Dogecoin Cash Inc. plans to complete the provisional patent filing in the near term, with a utility patent application to follow. They are also considering the timing for potentially releasing DogP components as open-source tools, which could open new avenues for innovation and collaboration within the blockchain community.
