With bitcoin prices rocketing nearly 300% from trough to peak when COVID-19 lockdowns were announced in March 2020 and then relaxed in July 2020, I thought I would revisit a blockchain company we discussed earlier last year to see how it has progressed and been valued by the financial community:…
Articles Posted in Blockchain
Can the Blockchain Address the Vulnerabilities that Lurk Alongside the Potential of 5G?
With great power comes great responsibility. 5G is the next generation of 3GPP technology. Along with having the potential to facilitate the next leap in connectivity, 5G technology supremacy also has the power to define the geopolitics of the next century. As the global battle for 5G dominance plays out,…
News of Note for the Internet-Minded (7/12/19) – Non-Fungible Tokens, VR Aptitude Tests and Alexa Hears You!
Prime phishing day is upon us; Google hangs on to social media aspirations by a Shoelace; the prospects of Apple’s AR glasses get cloudy; and more … A new blockchain-based game that uses non-fungible tokens (NFTs) could shift the nature of ownership in collectible card games. (Mike Orcutt, MIT Technology…
The Three Biggest (Non-IP) Legal Issues Faced by Blockchain-Based Platform Technology Providers
For all the excitement and promise of blockchain-based technology, it’s vital to remember that the very “newness” of a technology can lead to issues of basic legal compatibility. Few if any technologies magically create their own regulatory framework whole cloth, after all. For this reason, technology providers wishing to use…
(Un)making History: ETC, a 51% Attack and How to Change an Unchangeable Blockchain
Back in January, news of reversed transactions on the Ethereum Classic (ETC) blockchain (little brother to the main Ethereum blockchain) made headlines and raised concerns about blockchain security. The product of a “51% attack,” these transaction reversals allowed some ETC tokens to be spent twice, a cardinal sin in cryptocurrency…
Drilling for the Blockchain: Energy Commodity Trading Using Distributive Ledger Technology
The use of blockchain and cryptocurrency platforms continues to evolve and expand into new markets. We recently highlighted the new patent issued to tZERO covering blockchain-based methods and systems to trade “digital transactional items,” so it should be no surprise that another company—UK-based VAKT—has developed a blockchain platform for energy…
Blockchain Goes Wall Street – New Issued Patent Covers Cryptocurrency Trading Platform
With bitcoin prices rising from the dead over the last few weeks (up nearly 25% from a December 14 low), there’s a degree of renewed excitement regarding blockchain and cryptocurrency. But as general public interest rises and falls, the steady process of creating useful applications and systems for distributed ledger…
On Baseball, Bobbleheads and … Blockchain?
With the World Series upon us, here in Los Angeles, all eyes are on the Dodgers, who are in the hunt for their first championship trophy since 1988, a year best remembered for its epic mustaches and Kirk Gibson’s cinematic, two-out, walk-off home run. What may have gotten lost in…
California Allows Some Corporations to Use the Blockchain to Record Stock Issuance and Transfers
The journey by which the blockchain and its underlying distributed ledger technology (DLT) becomes an everyday aspect of doing business is one of a thousand small steps, many of them legislative and regulatory. In “California’s New Law on Corporate Blockchain Use,” Riaz A. Karamali examines California’s recently signed SB-838, which…
Crafting Blockchain Patent Claims to Avoid Enforcement Pitfalls and Maximize Potential Damages
As we approach 2020, distributed ledger technologies (DLT) appear likely to have a far-reaching, comprehensive impact on our global economy. But core components of that economy—intellectual property rights in particular—sit in tension with DLT. Copyright owners learned this lesson with the advent of BitTorrent. Patent owners will face similar threats…