Since 2017, nChain’s Craig Wright Has Filed For More Than 110 Blockchain Patents And Counting


Breaking: Since 2017, nChain’s Craig Wright Has Filed For More Than 110 Blockchain Patents

Controversial Aussie computer scientist ‘Craig Wright’ — who in the past has claimed to be the pseudonymous creator of Bitcoin ‘Satoshi Nakamoto’ — has apparently applied for a whopping 114 blockchain patents since the start of 2017.

In regards to the matter, it is worth pointing out that between August 2017 and March 2019, the World Intellectual Property Organization (WIPO) has “published 155 patent applications” — out of which 114 have been filed by Wright. It should also be added that the WIPO only publishes applications which it deems worthy of acceptance (i.e. after each proposal goes through a thorough vetting process).

If the applications are accepted by WIPO, Wright will be able to “receive proprietary control over the patents’ contents”.

More On The Matter

According to the aforementioned report, Wright made use of the terms “blockchain” and “cryptocurrency” a total of 114, 6 times respectively in his proposals. Not only that, but the proposals also contained a number of references to blockchain-associated technologies such as smart contracts and digital assets.

In the wake of these developments, many cryptoanalysts and experts have come forth and claimed that Wright is a “troll” who is trying to amass blockchain patents in an effort to make a quick buck.

In this regard, Marc Kaufman, attorney for the Blockchain Intellectual Property Council recently spoke with Fortune where he referred to as Wright’s tactics as being “quite shady and unethical”.

Other Key Details Worth Remembering

During the second half of last year, cyber-security expert David Kleiman sued Wright for a whopping sum of $4 billion on grounds that he was involved in the “theft of billions of dollars worth of Bitcoin.”

The plaintiff’s submission reads as follows:

“Wright forged a series of contracts that purported to transfer Dave’s assets to himself and/or companies controlled by him. Craig backdated these contracts and forged Dave’s signature on them.”

Final Take

In relation to the above-mentioned lawsuit, it should be pointed out that a US Court recently subpoenaed Bitcoin pioneer Jeff Garzik so as to hand over any documents he had related to both Wright and Kleiman in order to get to the bottom of the case as soon as possible.

https://bitcoinexchangeguide.com/todays-expert-coin-value-analysis-for-bitcoin-btc-ethereum-eth-litecoin-ltc-and-bch/

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