ADVERTISEMENT

1st Hungarian Manual Therapy Solution on Blockchain is Here

Innovation

Thanks to unrestricted access to the Internet, the domestic SME sector is also beginning to discover blockchain-based solutions, which provide an immediate way of proving whose intellectual property a process is. A good example is the blockchain-based therapeutic concept of the Movement Clinic (Mozgásklinika), the Movement Pyramid (Mozgáspiramis), which may even become a patent in the near future, the Hungarian Intellectual Property Office tells the Budapest Business Journal.

Internet-based technological development is not slowing down, but is becoming increasingly dynamic. Blockchain-based solutions are being adopted by multinational corporations, regardless of industry. There are already a number of car manufacturers that track the service intervals of each vehicle on a blockchain, but in addition to industrial users, the solution has also appeared in the healthcare industry, mobile communications, and the arts.

The question is: how will this international trend affect patenting worldwide, will it multiply patenting or will it drive patent organizations to technological innovation? The fact is that there are three main sectors in terms of innovation: the military, the automotive, and the health industries, i.e. the global population is spending more and more on its own defense, mobility, and health.

As far as patents in the health sector are concerned, their number has increased significantly in recent years in Hungary. Based on 2022 data (national and European patents in force), Hungary has around 35,000 valid patents. In the field of patents, the pharmaceutical industry has for years been the largest source of patent applications to the Hungarian Intellectual Property Office, with around 12,000 patents currently related to the pharmaceutical industry.

Movement Clinic is an innovative healthcare player in Hungary that has recognized the potential for innovation, business and knowledge sharing in the field of physiotherapy. Rita Szentiványi, a physiotherapist and manual therapist, created Movement Pyramid based on more than two decades of practical experience.

The expert explained that, "Sometimes it is a technological discovery that triggers innovation and sometimes it is accumulated experience. The Movement Pyramid itself is like the famous Maslow Pyramid, but it summarizes the laws and mechanisms of action for the treatment and rehabilitation of movement disorders specific to the human body. A therapeutic concept based on experience, the effectiveness of which is beyond doubt!"

The concept of the Movement Pyramid was the first to be uploaded on a blockchain, which means that it is the first verifiable Hungarian manual therapy new intellectual product in the virtual space. Of course, the aim is to get Movement Pyramid protected by the Hungarian Intellectual Property Office, but that will be the result of a longer process, according to Gyula Pomázi, the president of the office.

"Not only do we nurture and protect emerging Hungarian intellectual products, but we ourselves are open to the systemic introduction of innovative technologies. One of the big challenges of the future is how to integrate blockchain solutions into domestic and international IP protection. We intend to become proactive players in this respect, and we already have innovative solutions, including blockchain-based solutions, that are widely available," he noted.

Erste Bank Hungary Q1 Earnings Close to HUF 29 bln Banking

Erste Bank Hungary Q1 Earnings Close to HUF 29 bln

Hungary Welcomes Extension of China's Visa Exemption Policy Int’l Relations

Hungary Welcomes Extension of China's Visa Exemption Policy

Living's Kassák Terrace and Park West 3 Classified as Brownf... Residential

Living's Kassák Terrace and Park West 3 Classified as Brownf...

Aldi Opening Biggest Store in Budapest Food

Aldi Opening Biggest Store in Budapest

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.