Craig Wright Filed 114 Blockchain-Associated Patents Since 2017

Craig Wright, an Australian laptop scientist who has typically claimed to be Bitcoin (BTC) creator Satoshi Nakamoto, has reportedly utilized for a slew of blockchain-related patents since 2017. Tech information web site The Subsequent Net (TNW) published its analysis relating to Wright’s patent filings on March 18.

TNW studies that, since August 2017, the World Mental Property Group (WIPO) has revealed 155 patent functions filed by Wright. As with the United States Patent and Trademark Workplace, the WIPO publishes patent functions to inform the general public that there's a potential new expertise in a sure trade or area.

Wright will solely obtain proprietary management over the patents’ contents if they're formally awarded by the WIPO. Per TNW, whether or not the WIPO awards a patent relies on if the workplace deems it sufficiently modern.

TNW states that the time period “blockchain” was utilized in patent titles 114 occasions, whereas “cryptocurrency” was solely talked about six occasions and “Bitcoin” was by no means talked about. References had been additionally made to smart contracts and digital belongings.

Some have argued that Wright is a “patent troll” who's trying to amass blockchain-related patents to not use them, however to extract rents from corporations that wish to apply the expertise. Marc Kaufman, an legal professional who co-chairs the Blockchain Mental Property Council on the U.S. Chamber of Digital Commerce, instructed Fortune:

“His ways and actions have all of the marks of being a patent assertion entity or what’s pejoratively often known as a troll. I’m not conscious of his corporations having any merchandise.”

Final yr, Wright was sued for $four billion when the property of David Kleiman — a pc scientist and cyber-security professional, whom many suspect to have been one of many builders behind Bitcoin and blockchain tech — claimed that Wright stole billions of {dollars} value of Bitcoin.

In keeping with the plaintiffs, Wright acknowledged that the household had been unaware of Kleiman’s wealth and “solid a collection of contracts that presupposed to switch Dave’s belongings to Craig and/or corporations managed by him. Craig backdated these contracts and solid Dave’s signature on them.”

In a current growth within the case, software program engineer and Bitcoin pioneer Jeff Garzik was subpoenaed by a U.S. District Court docket. The subpoena calls Garzik to look in courtroom and with any proof relating to the “private idea” that Kleiman was Satoshi Nakamoto. The subpoena additionally orders Garzik to offer all communications, agreements and paperwork associated to each Wright and Kleiman.

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