A major legal confrontation is unfolding as Delaware Horizon, a technology company based in the United States, has initiated legal proceedings against multiple central banks and financial institutions worldwide. The company alleges these entities have been using its patented "Super Platform" technology without authorization, potentially setting the stage for claims reaching into the trillions of dollars.
The legal action began with a lawsuit filed against the Central Bank of Oman and several financial and service institutions operating in the Sultanate. Delaware Horizon claims these organizations have infringed upon its registered U.S. patent, which protects the proprietary technology enabling secure official digital transactions via mobile phones.
"We are taking firm legal action to reclaim our rightful intellectual property from all entities outside the United States that are utilizing our technology without proper licensing. A significant number of central banks and financial institutions are benefiting from our innovations without legal authorization, in direct violation of U.S. and international IP laws," stated Mr. Mahmoud Al Sahli, Chairman of the Board at Delaware Horizon.
The technology at the center of this dispute, known as the "Super Platform," provides infrastructure for secure financial and commercial interconnectivity. This system enables mobile-based payments and official digital transactions, serving as a critical foundation for central bank digital currencies (CBDCs) and the development of future smart digital cities. According to the American technology firm, the unauthorized use of its patented technology has generated billions of dollars in profits for these international financial institutions. The company maintains exclusive holder status of both the patent and intellectual property rights for the Super Platform technology.
In addition to pursuing legal remedies, Delaware Horizon has announced plans to transition into a publicly traded joint-stock company, a move that signals its commitment to transparency while continuing to protect its innovations.
"This technology is an American innovation and must remain a strategic asset for the American people," Al Sahli added.
The company's chairman also acknowledged the support received from the current administration: "Under the leadership of President Donald Trump, the U.S. government continues to stand firmly behind the rights of American companies in the face of violations and intellectual property theft by several foreign entities, particularly in the technology sector."
The legal proceedings are being handled by Anthony J. Richardson II, Esq. as Lead Counsel and Anthony J. Glase, Esq. as Co-Counsel from the Law Office of Anthony J. Richardson II, LLC based in Perrysburg, Ohio.
This case represents one of the most significant intellectual property disputes in recent years, with the patent holder potentially seeking damages that could reach into the trillions of dollars from financial institutions across multiple countries. The outcome could have far-reaching implications for international intellectual property law and the global financial technology sector.
