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Writing for IPWatchdog, Alex Nagorniy Analyzes Patents in Blockchain Technology

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03.29.2018 | Article

Alex Nagorniy, an associate in Nutter’s Intellectual Property Department, wrote an article for IPWatchdog that explores how blockchain patents may affect their associated cryptocurrencies. In the article, “Navigating the Unchartered Waters of Blockchain,” Alex examines how blockchain’s explosive growth could have negative consequences, such as significantly impairing development despite the overwhelming number of early adopters. Alex points out that the infancy of blockchain technology, tied to the availability of open-source information, could leave the industry susceptible to patents filed by non-practicing entities who will not only fail to further develop this technology, but also deter those looking to innovate from entering the space.

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