Opinion
Ownership of intangible assets has powered centuries of innovation and economic growth. The value of virtual property and digital rights is more important than ever before as it fuels the next wave of creativity and opportunity.
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Patents News
A patent is an exclusive right granted to an inventor in exchange for the disclosure of the invention, offered by a sovereign state or intergovernmental organization. A patent is a form of intellectual property and is granted only for some period of time. Patented technology is protected against it being duplicated for the commercial use of other entities other then its inventor. Being an important part of many businesses, technological and fintech patents are strongly protected. Still, there is room for further development. For example, blockchain patents can help with validating data about the invention and in proving the time of its establishment. Blockchain network for patents, alongside networks for storing other crucial data, such as health information or renting contracts, are an important field of study and are in the process of development.
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A blockchain firm that makes NFT skins for watches is suing TAG Heuer for alleged patent infringement.
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With its US patent, crypto wallet Tangem sets a new milestone in boosting self-custody usability by enabling secure private key backups and transfers between devices.
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A composite index by ApeX Protocol ranked the most blockchain-friendly regions based on patents, jobs and crypto exchanges.
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A Nokia patent application shows that the company may be moving into digital asset encryption.
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The company’s CEO described getting a blockchain patent in the US as “a very challenging process.”
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The Cryptocurrency Open Patent Alliance has launched a campaign targeting “patent trolls,” arguing that they block the path to crypto innovation.
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The patent for “oracle-like” data storage contained technology that was already in existence, DEF said.
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Computer scientist Dr. Stephen Thaler attempted to file two patent applications in the name of an AI model he created.
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The DeFi Education Fund says a patent owned by True Return Systems is being used to try to profit from lawsuits against decentralized protocols.
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CBS Studios applied to use the name “Star Trek Continuum” for nonfungible tokens and crypto collectibles.
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JPMorgan’s ChatGPT rival, IndexGPT, will be used across various business units, including advertising, business consulting and different finance-focused software.
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The information was published on WIPO’s global database for intellectual property on May 11, 18 months after LG filed its application.
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The Avalanche Foundation has launched a new mentoring initiative for digital artists, and Ticketmaster has introduced a new feature allowing artists to reward NFT holders.
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Sony’s NFT framework aims to integrate NFTs into gameplay, with the technology representing skins and other popular in-game functionalities.
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