Israeli University Sues Professor for Zero-Knowledge Proofs Technology
A leading Israeli university is suing one of its own senior staff members for allegedly creating a zero-knowledge proofs technology company based on the intellectual property the professor developed while working for the institution.
The Technion Wants a Piece of Starkware
The Technion Israel Institute of Technology, a research university established in 1912, has filed a lawsuit in the Haifa District Court against computer science
lecturer Prof. Eli Ben-Sasson, claiming that he acted in violation of the institutions intellectual property regulations. Ben-Sasson is the co-founder and Chief Scientist of the blockchain technology startup Starkware and the Technion now demands from the court the transfer of 50% of all his shares in the company.
The university claims that the professor tried to keep it in the dark about the establishment of the company and that he did not ask for the Technions approval for the commercialization of the intellectual property that belongs to the institution. Ben-Sassons defense denies these accusations, saying that Starkware did not use or intend to use an invention belonging to the Technion and that the university therefore has no right to his shares. However, they have offered to give the Technion a certain share of ownership in the company, dependent upon reaching a compromise agreement in the near future.
Zero-Knowledge Proofs Technology Worth Millions
Starkware promises to improve the scalability and privacy of blockchains using STARK technology, providing zero-knowledge cryptographic proofs that are post-quantum secure with no need for a trusted setup. Besides Ben-Sasson.........
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