Claudio Ballard who is credited for his invention of the secure check imaging technology in 1994 founded the DataTreasury Corporation in 1998 with an effort to market his invention to prospective clients. Ballard’s invention was undoubtedly one of its kinds and was a pioneering discovery. It enabled companies and businesses to keep their confidential data safe and secure from the reach of others, but allowing only designated personnel to access the data when needed.
Ballard also availed the patents for secure remote image capture with transaction processing and centralized storage invention in 1999 and 2000. He tried his best to promote his invention and the services of DataTreasury Corporation to different entrepreneurs, banks, financial institutions and different businesses. He was quiet aware of the fact that the big business houses and banks, who were spending heavily in transferring information and data and keeping them secure; would prefer to use the technological services rendered by DataTreasury.
The technology invented by Claudio Ballard and made available through DataTreasury Corporation was much advanced and removed all the fallacies associated with the usual imaging and transaction techniques and also proved to be a cost-effective solution for all the clients. A large number of banks, financial establishments, small and medium business houses became the clients of DataTreasury that has its headquarters in Plano, TX.
DataTreasury provides full document imaging and transaction solutions, which consists of some of its key technological standards, like:
- Highly secure image file storage
- Dependable transaction processing
- Ongoing Innovation
- Fault tolerance
Along with this, DataTreasury Corporation has developed groundbreaking intellectual property with biometric essentials designed to boost the security of all types of transactions and also the identity of the transaction initiator.
Earlier and even now, DataTreasury Corporation is licensing its patent portfolio only to those organizations that has a good knowhow of the value of intellectual property and the way to respect it. The licensing is performed independently or in union with the company’s technology. Soon, DataTreasury developed a large clientele through the nation.
Everything was going fine for DataTreasury when some of its clients, especially few banks began to regard the technology of the company as their personal property and started using it as their own. This was a direct violation of the intellectual property rights that caused DataTreasury Corporation to sue the banks on the grounds of patent breach and using its intellectual property as their own without the prior permission of DataTreasury.
DataTreasury’s intellectual property is facing trials and evaluations at various courts. The dependants who are cash hounds have access to the privileged legal authorities that paved their way to challenge DataTreasury Corporation’s own intellectual property at the United States Patent Office.
Businesses, banks and other companies willing to use the patented technology of DataTreasury or want the company to license its patented portfolio, need to possess thorough acquaintance with the various intricacies related to intellectual property. They must read the licensing policy of the company properly before entering into any deals with DataTreasury Corporation.
DataTreasury Corporation offers exclusive technological services like centralized storage invention and secure remote image capture with transaction processing. DataTreasury helps its customers to safeguard their company data.
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