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Author Topic: Agressive Patenting  (Read 102 times)
Byzantium101 (OP)
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March 05, 2018, 09:47:25 PM
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I just read this article about PayPal presenting a patent application for a typically blockchain based technology.

https://cointelegraph.com/news/paypal-files-patent-for-system-to-speed-up-cryptocurrency-transaction-times

Many companies have gotten used to make patents not to innovate, but to prevent others from actually being able to innovate without being at risk of getting sued, many times without any real ground. This prevents small companies to evolve as the minefield is plagued with terribly expensive intellectual property torts.

Could this become a problem in the crypto world?

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