A Few Things To Consider Before Patenting Blockchain Tech

Law360, New York (September 27, 2016, 12:57 PM EDT) -- Paul Keller

Sue Ross The distributed ledger technology known as blockchain currently is the subject of numerous research projects, especially in the financial services and technology industries. Perhaps not surprisingly, many companies involved in these projects are filing patent applications to protect their innovations, both in the U.S. and abroad. In an August 2016 report, the World Economic Forum reported that more than 2,500 such patents had been filed in the past three years. It also is widely reported that many companies working in this space are leveraging software code that is governed by various open-source licenses. The variety of these...

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