While the rise of cryptocurrencies has highlighted the usefulness of blockchain technology, involving the creation of decentralized, electronic ledgers to track transactions, this technology is applicable to other fields, including financial services and pharmaceuticals. Contemporaneously, the number of pending US patent applications that incorporate blockchain technology has increased dramatically. But questions remain regarding the patentability of blockchain claims in the U.S.
Featured in Intellectual Property Magazine‘s March 2018 issue, Goodwin Partner Frederick Rein authored an article discussing the importance of the issues of decentralization and extraterritoriality in proving infringement of blockchain claims.
To read the full article, click here.