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Topic: [2016-03-22]Russian Firm Fails in Attempt to Patent 'Bitcoin' (Read 230 times)

member
Activity: 67
Merit: 10
At least Russia has standards.
In the U.S. someone patented the entire web and sued.

http://www.wired.com/2012/02/patent-troll-trial/
legendary
Activity: 4354
Merit: 3260
It was a an attempt to trademark "Bitcoin", not an attempt to patent it.
hero member
Activity: 756
Merit: 500
HaHa.  What in the world were they thinking?  That would be like putting a patent on corn...wait Monsanto did that  Huh
sr. member
Activity: 267
Merit: 250
In an attempt to patent the term ‘Bitcoin’ in Russia, a Moscow-based firm called M-Group filed an application at the Russian patent office. The application was duly rejected.

Rospatent, the Russian patent agency has recently confirmed the rejection of an application by a Moscow-based firm which filed a patent request to trademark ‘Bitcoin.’

According to local publication Rapsinews, the firm, known as “M-Group” requested the patent agency to trademark the term bitcoin in relation to the 36th and the 38th International Classification of Goods and Services for Finance and Telecommunications, respectively.

For its part, Rospatent duly denied the patent request for a trademark, firstly explaining that declared designation for the patent – ‘bitcoin’, unsurprisingly draws a parallel to an electronic payment system powered by a virtual currency of the same name.

Notably, the patent authority also recognized that the Bitcoin platform was developed in 2009 by Satoshi Nakamoto and Gavin Anderson, explaining the same to the filing firm M-Group. Additionally, Rospatent also added that the cryptocurrency ‘Bitcoin’ was already in circulation long before M-Group filed an application for trademarking the term ‘bitcoin.’

https://www.cryptocoinsnews.com/russian-firm-fails-attempt-patent-bitcoin/
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