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Fintechs and banks explore blockchain based technology for secure payments

Fintechs and banks explore blockchain based technology for secure payments

Distributed Ledger Technology (DLT) has a potential to revolutionize payment industry. 2018 marks massive growth of blockchain and DLT patents. IBM, one of the most innovative companies was awarded six patents by the USPTO for blockchain related innovations. All six patents were approved in July 2018, the same year in which the company celebrate...

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Happy ending of patent saga

Happy ending of patent saga

Patents infringement costs Apple €2 billions in cash No bad feelings On Dec. 21, 2016, Nokia launched patent-infringement lawsuits against Apple, claiming the firm is illegally using Nokia technology in iPhones, iPads and other popular devices. The infringed patents were related to software, video coding, chipsets, display, UI and antenna. No...

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New US legislation against "patent trolls"

New US legislation against "patent trolls"

Many companies in the U.S and around the world have experienced the problems with the so-called “Trolls” or “patent assertion entities” or “non-practicing entities”. Typically, these companies buy obscure patents and use them to bully other companies with the threat of launching a lawsuit for patent infringement, which costs defendants around $ mi...

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Patent protections for brand-name drugs

Patent protections for brand-name drugs

The WikiLeaks anti-secrecy group has revealed a document, which in the opinion of patent experts shows that access to generic drugs, which are cheaper than their originals, may be limited by a Trans-Pacific Partnership being negotiated by 12 nations, including the U.S. and Japan. The limitation would come through an increase of patent protectio...

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This blog covers news and resources of emerging legal issues of Internet law such as e-commerce and trade with virtual property, copyrights and trademark infringement, unfair competition, privacy protection, software licenses and agreements. Please contact us with any ideas and topics you want to read here.

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