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Craig Wright Files 155 Blockchain Patent Applications

17:45 19/03/2019
Craig Wright Is Named Patent Troll Due To Blockchain Applications

Craig Wright, an Australian computer technology scientist and famous entrepreneur, has filed 155 blockchain-related patent applications since August 2017, according to a recent study by The Next Web (TNW) journalists.


All patent applications were published on the website of the World Intellectual Property Organization (WIPO) to familiarize the public with the availability of potential innovations in the cryptocurrency sphere. Wright’s applications for patents will be approved by the regulator if they are judged to be innovative enough.


The journalists found out that the word “blockchain” is mentioned in Wright’s patent applications 114 times. At the same time, the documents refer to “cryptocurrency” only six times, and “bitcoin” is not used at all. The applications also contain the description of technologies associated with digital assets and smart contracts.


Some representatives of the crypto community call Craig Wright a “patent troll”, meaning that he sends applications for the registration of patents not for their further use but for receiving dividends from projects that intend to apply these technologies.


According to Mark Kaufman, the lawyer and chairman of the Blockchain Intellectual Property Council at the US Chamber of Digital Commerce, Wright’s tactics confirm the view that he is a “patent troll” as there is no certainty that his company has any developments or products.


As previously reported, an ex-Bitcoin Core developer Jeff Garzik was summoned to testify in a case against Craig Wright, who allegedly stole 1.1 million BTC.

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