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August 18, 2017 06:00 pm

E-Commerce To Evolve Next Month As Amazon Loses the 1-Click Patent

An anonymous reader shares an article: Next month e-commerce will change forever thanks to Amazon. September 12 marks 20 years since Amazon filed for their 1-Click patent. This means that the patent will expire and the technology behind it will be free to be used by any e-commerce site. Starting next month more and more sites will be offering a one click checkout experience. Most major sites have already started development with plans to launch soon after the patent expires. Amazon applied for the 1-Click patent in September of 1997, the actual patent was granted in 1999. The whole idea behind the patent is when you store a user's credit card and address you only need a single click to order a product. For the last 20 years Amazon has kept a tight hold on this technology, they have only licensed it to one company: Apple. No one knows what Apple paid to license the technology, but the value of the patent has been assessed at 2.4 billion dollars by sources. Over the last 20 years Amazon has defended the validity of the patent in several cases, even having to revise the patent at one point. But, now the wait is almost over and this technology is about to make it into the open market.

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/ibAaTpjXvVQ/e-commerce-to-evolve-next-month-as-amazon-loses-the-1-click-patent

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