21-02-2019 IP entrepreneur Erich Spangenberg has a plan to turn patents into non-fungible tokens and unlock ‘billions of dollars’ in untapped assets. Muireann Bolger caught up with IPwe CEO to find out more. IP entrepreneur Erich Spangenberg has a plan to turn patents into non-fungible tokens and unlock ‘billions of dollars’ in untapped assets. Muireann Bolger caught up with IPwe CEO to find out more. In a move that could herald dramatic changes in the patenting arena, patent marketplace IPwe has unveiled plans to begin representing patents as non-fungible tokens (NFTs) or digital assets. The project, created in a collaboration with IBM and announced late last month, will see the companies creating the infrastructure for this new process and storing the records on a blockchain network.