Ensuring Patent Subject Matter Eligibility For Blockchain Tech

Law360 (July 21, 2021, 4:52 PM EDT) — Few technical papers, especially those released under a pseudonym, have garnered as much interest from both the inventive and investing community as Satoshi Nakamoto’s 2008 white paper, “Bitcoin: A Peer-to-Peer Electronic Cash System,”[1] which essentially launched the bitcoin and cryptocurrency industries and laid the groundwork for the explosion in blockchain-related emerging technologies like smart contracts and distributed applications.

As blockchain-related emerging technologies have gained steam, the corresponding patent filings on these technologies have kept pace. As shown in the chart below, which indicates worldwide, published patent filings that use the word “blockchain,” the past decade has seen an exponential increase in…

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