Getting your piece of the Internet of Money
In a few years time, cryptocurrencies like Bitcoin and the underlying Blockchain technology, which is often referred to as the Internet of Transactions, or the Internet of Money, will be part of everyone’s everyday life just as the Internet itself is today.
Corporate firms and individual entrepreneurs are already taking decisive actions to get their share of the cake.
More than 2000 patent applications have been filed worldwide from a wide variety of companies ranging from giants like Bank of America, Mastercard, Alibaba and Tencent to smaller corporations like BitFlyer and Cloudmode.
In the year of 2017 alone, a total of almost 1250 patent applications were published. Since patent applications are held under secrecy for an initial period of time and not published until 18 months from their earliest filing date, the actual number of presently filed patent applications is significantly larger, probably in the range of 3000 to 4000 patent applications.
This reveals an unprecedented level of interest in Bitcoin and the Blockchain ecosystem, and is a very strong indication of the solid investments being made by companies worldwide to obtain Intellectual Property (IP) rights such as patents in the field of Blockchain technology and cryptocurrencies.
With all these patents and patent applications, a patent war is coming, likely to be led by some of the major banks and other corporations, as well as patent trolls that see a great opportunity to make a play for Blockchain patents.
Naturally, this means that the demand for patent services, reports and news that enable corporations and entrepreneurs to take the right decisions will be vital.
With hundreds of hedge funds investing in digital currencies, according to a New York Times report, there is a lot money flowing into this new technological field.
The Bitcoin Patent Report, together with its integrated sites Bitcoin Patent News, Bitcoin Patent Marketplace and Bitcoin Patent Services, is the natural place to look for and get the right information and services when it comes to Intellectual Property in the era of the Internet of Money.
If you want to be part of this new era and take advantage of a well-positioned site with high-quality content and services, please contact us at email@example.com to get more information on investment opportunities or to present your business proposal.