Seattle – AUGUST 30, 2023. TANGIBLE IP, LLC, an international patent brokerage and Intellectual Property advisory firm headquartered in Seattle, with over 5000 patents sold, announced that they brokered the sale of a user authentication patent portfolio owned by Allied Security Trust (AST). The identity of the buyer nor financial details of the agreement could be disclosed. The portfolio relates to systems and methods of user authentication and verification with reusable identifiers (QR codes) through a portable device. While this portfolio is no longer for sale, Tangible IP is still actively marketing AST’s IP3 2022 patent portfolio comprised of 35 unique Lots. These Lots span multiple technology sectors including advertising, AI/machine learning, cloud computing, geolocation, IoT, media, semiconductor and web services, among others. Evidence of use is available for some Lots and can be shared upon request.

“AST appreciates the care and consideration Tangible IP took to bring this deal to a close. As we have once again entrusted Tangible IP with the brokerage of our IP3 patent portfolio, we look forward to continuing our prosperous collaborations,” said Russell Binns, CEO of AST.

“We are pleased to wrap up this successful transaction for AST while just beginning outreach on their IP3 2022 portfolio. AST’s Membership is extremely sophisticated, as is reflected in the caliber of the assets chosen for this program each year. These portfolios represent some of the best patents on the secondary market and we look forward to finding buyers who understand the value of these distinctive Lots,” said Louis Carbonneau, Founder and CEO of Tangible IP.

To receive an executive summary and relevant industry use information for AST’s IP3 2022 portfolio, please inquire at

Tangible IP, LLC specializes in selling high quality unencumbered patents and has now brokered the sale or license of over 5000 patent assets since its inception and has returned tens of millions of dollars back to inventors, shareholders and patent owners.

ABOUT TANGIBLE IP, LLC Tangible IP offers full service patent brokerage and strategic IP advisory services. For more info, visit or contact us via email at

ABOUT AST AST is a member-driven not-for-profit cooperative where representatives from various industries work together to mitigate risk and promote a better functioning IP marketplace. AST now includes Member companies from across multiple industries including information technology, software, semiconductors, communications, automotive, health tech, and social media. For more info, visit