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June 22, 2016 08:00 am
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/STbOE2zEfFY/australian-bitcoin-founder-quietly-bidding-for-patent-empire
Australian 'Bitcoin Founder' Quietly Bidding For Patent Empire
An anonymous reader quotes a report from Reuters: Craig Wright, the Australian who claimed to be the inventor of bitcoin, is attempting to build a large patent portfolio around the digital currency and technology underpinning it, according to associates of his and documents reviewed by Reuters. Since February, Wright has filed more than 50 patent applications in Britain through Antigua-registered EITC Holdings Ltd, which a source close to the company confirmed was connected to Wright, government records show. Interviews with sources close to EITC Holdings Ltd, which has two of Wright's associates as directors, confirmed it was still working on filing patent applications and Britain's Intellectual Property Office has published another 11 patent applications filed by the company in the past week. The granting of even some of the patents would be significant for banking and other industries that are trying to exploit bitcoin technologies, as well as dozens of start-ups scurrying to build business models based around it. Patents that Wright has applied for range from a mechanism for paying securely for online content to an operating system for running an "internet of things" on blockchain. A patent schedule, one of a number of documents relating to the applications shown to Reuters by a person close to the EITC Holdings, outlines plans to apply for about 400 in total.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/STbOE2zEfFY/australian-bitcoin-founder-quietly-bidding-for-patent-empire
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