The United States Patent and Trademark Office (USPTO) has recently granted a patent to Ramper, a company within the blockchain ecosystem established by Vietnamese startup Ninety Eight. The patent covers the company’s innovative “Social Login” solution, which enables users to access Web3 applications using their existing social media accounts, including Google, Facebook, and X (formerly Twitter).
By simplifying the login process, Ramper’s solution aims to reduce technical barriers that often hinder broader adoption of blockchain applications. This approach allows everyday users to experience blockchain technology without the complexities typically associated with decentralized systems. Despite the ease of access, the solution maintains decentralization principles and supports non-custodial asset management, ensuring users retain full control over their digital assets.
A Landmark Patent for Vietnam’s Blockchain Sector
The issuance of this patent stands out as one of the first blockchain-related patents from Vietnam. It underscores Ramper’s commitment to driving innovation within the blockchain industry on a global scale. The recognition also highlights the success of Ninety Eight’s strategic investment approach, which has focused on nurturing technology startups with significant growth potential.
Ramper’s development team consists of experienced engineers who have previously worked at leading global technology companies, including Tesla, Facebook, Uber, Apple, and Google. Their expertise has contributed significantly to the development of the patented solution, establishing Ramper as a key innovator in the blockchain ecosystem.
Ninety Eight’s Vision and Industry Impact
The founder of Ninety Eight emphasized that the successful patent application validates the company’s investment strategy in promising tech firms. Additionally, the achievement reflects a broader ambition to support the development of blockchain technology not only in Vietnam but also on a global level.
Founded in 2017, Ninety Eight has emerged as a leader in Vietnam’s blockchain sector. The company has been instrumental in promoting the growth of blockchain applications and has achieved a significant market presence, reaching a market capitalization in the hundreds of millions of USD. This milestone further strengthens Vietnam’s presence in the global blockchain landscape.
Advancing Blockchain Accessibility
Ramper’s social login solution represents a critical step toward enhancing blockchain accessibility for mainstream users. By integrating blockchain functionalities into familiar platforms, the company bridges the gap between traditional Web2 environments and the decentralized Web3 ecosystem. This seamless user experience is expected to encourage more individuals to engage with blockchain applications, driving further adoption across various sectors.
As the global blockchain industry continues to evolve, innovations like Ramper’s social login solution exemplify the potential of Vietnamese companies to contribute meaningfully to the technological advancements shaping the future. The successful patent issuance positions Ramper as a notable player in the international blockchain space, paving the way for further innovation and collaboration within the sector
