Credits protect the companys blockchain developments by filing patents on intellectual property
Link: https://medium.com/@credits/credits-filed-patents-8b0cf11f165a
7 Rising Leaders in the Crypto Industry You Need to Know, one of them is Credits CEO, Igor Chugunov
https://hackernoon.com/7-rising-leaders-in-the-crypto-industry-you-need-to-know-de0e2ce0d8c9
So if any other projects use credits source code for their blockchain and make changes to it, would that be considered patent infringement?
I feel yes, Credits team will have rights to kick of their ass that's why it's so important to protect your intellectual property
My favourite part of the report
We have carefully examined all the pros and cons of patent prosecution within the blockchain environment and decided to proceed with it. Credits is focused on protecting the developments that allow reaching the unique speed of 1,000,000 transactions per second, namely the transport protocol, consensus protocol and storage. Patent prosecution will allow to protect disruptive Credits technology from fraudulent use by third business parties. Yet it will still keep the technologies open and accessible to the whole world of individuals aiming to utilise blockchain, explains Credits CEO & Founder Igor Chugunov.
Yeah, that's good news, CS has to protect its technology from copycats, hopefully they will get patent rights and will do further planned tests without problems!