Blockchain Looks To Avoid Patent Wars Of The Past
Law360 (July 12, 2018, 8:56 PM EDT) -- It has become a familiar pattern: An innovative new technology emerges, then heated fights over intellectual property ensue.
It happened in the smartphone industry, where companies like Apple Inc. and Samsung Electronics Co. Ltd. locked in drawn-out legal battles, spending tens of millions of dollars in the process. Before that, it was semiconductor technology.
Now, companies are bracing for a potential patent war over another emerging technology: blockchain.
"People are very much concerned with the future of the blockchain IP ecosystem," said Ken Seddon, who had a front-row seat to earlier patent battles while working as an attorney at places including...
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