Blockchain technology is a secure, time-stamped block of information that has the effect of trust in any transaction. The implications of its application are still being determined. However, for our purposes we can dive in based on the public database of trademarks. Bitcoin is a type of blockchain technology. Specifically it is digital currency derived using the highly secure blockchain application.
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Battle Erupts Over The Dogecoin Trademark With Over Half A Dozen Claims Filed With USPTO
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Keep it Legal Blog
This Week in Business is our weekly recap column , a collection of stats and quotes from recent stories presented with a dash of opinion sometimes more than a dash and intended to shed light on various trends. Check back every Friday for a new entry. Shortly after last week's column ran, we reported on a trademark dispute Facebook was having over its use of the word "Meta. When we looked into it, it seemed Meta Company -- the company alleging the trademark violation -- had mostly sprung up almost overnight, with social media accounts and a website all apparently launched after Facebook announced the re-branding. We did find one trademark for "Meta Company" that was filed in that appeared to belong to the same people, but we also found another for the term "Meta" dating back to , and ownership of that trademark had been transferred to the Chan Zuckerberg Initiative, an organization established by Facebook founder Mark Zuckerberg and wife Priscilla Chan. So it would seem likely that little will come of that whole trademark dispute. But while we were looking into that, we also came across Facebook's most recent trademark application for the term "Meta," which it filed late last month.
Recent Grads Launch Cryptocurrency Startup Company
Even people who have been skeptical about cryptocurrency are beginning to identify use cases. The profit opportunities arise in part because the blockchain eliminates the need for traditional financial intermediaries, with their fees and associated regulations. In the DeFi space, these coins are the means to invest in new projects and finance opportunities. Like any other type of asset, a DeFi coin has to have a name, and that name functions as a trademark. Remember, a trademark is anything that identifies the source of goods or services. Business names and product names are trademarks. The name of a DeFi coin identifies it as being connected with specific financial products and services. As a result, when one is selecting a name for a DeFi coin, the same best practices apply as for any other type of product. Extensive due diligence is recommended, of course. Trademark protection varies by jurisdiction; there is no one worldwide registry of trademarks.
It roped the independent driver from Virginia into the political sphere, a development that he had recently lamented as hurting his career. Now, the saga continues off the track, as a prospective sponsor for Brandon seeking to cash in on the viral chant has been rejected by NASCAR. NASCAR's rejection of the sponsorship is based in the Xfinity Series rulebook , which states that the sanctioning body may withhold sponsorship and paint scheme approval "for any reason" while also mentioning that sponsorships may be disallowed if they were determined to be "detrimental to the sport, to NASCAR Such a ban had reportedly been considered since at least , when Cup Series drivers Bubba Wallace and Corey LaJoie both faced personal attacks for paint schemes featuring Black Lives Matter and Donald Trump's presidential campaign, respectively.
Trademark Infringement and Product Disparagement
Patent and Trademark Office on the dogecoin brand name, as per the report. Obtaining a trademark identifies the source of goods or services and provides legal protection for a brand. Why It Matters: Created mainly as a joke in , Dogecoin has shot to prominence this year, in major part due to endorsements from Tesla Inc. CEO Elon Musk. The original Dogecoin Foundation was recently revived by core Dogecoin developers and Billy Markus , the co-creator of the Shiba Inu-themed coin. Markus, one of the board advisors of the foundation, told Benzinga in August that the foundation is most concerned about trademark trolling — the practice of registering a trademark without the intent of actually using it.
Blockchain and Bitcoin Trademark Attorney Answers
Issues Current Issue Issue Archives. Current Symposium Past Symposia. About Us Submissions Subscription Donors. Uche Ewelukwa Ofodile. Financial technologies FinTechs are disrupting the financial services sector in significant ways.
When that comparison is false or misleading, however, the advertising crosses the line into a type of false advertising called product disparagement. Product disparagement -- also called commercial disparagement, product defamation, trade libel or slander of goods -- is a false statement about a product that hurts its maker. Victims of product disparagement can sue the perpetrators under both state product disparagement laws and the federal Lanham Act, the law that protects trademarks.
First Facebook , now Nike? The apparel giant has taken its first steps into the metaverse. The Oregon-based company has filed several new trademarks this week that indicate its intent to make and sell virtual Nike-branded sneakers and apparel. According to the U. Patent and Trademark Office, Nike filed applications on Oct. The following day, two more applications, for the "Air Jordan" and "Jumpman" logos, were filed.
I have just uploaded several footage ith Bitcoin, Ethereum and Litecoin souvenirs coins from China at Adobe. All videos with only Bitcoin coin were accepted by Adobe. But the videos with Ethereum and Litecoin coins are not accepted because of "intellectual property". Are the logos of Ethereum and Litecoin different than Bitcoin? I read that everyone can use the logos or does Adobe disagree?
With entertainment shifting to content and currency shifting to crypto, the tokenization of content was an inevitable seismic rupture. Nonfungible Tokens, or NFTs, shook the crypto market by taking art and content and turning it into a one-of-a-kind digital file that is not replaceable nonfungible. Purchasing an NFT is akin to purchasing an original painting.