Blockchain Africa Conference 2022
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Learning the basics of cryptocurrency – Bankless Times
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The Situation
Smart contracts are often mentioned in blockchain-themed patent
applications and recited in claims. However, Examiners without a
thorough understanding of this concept or unfamiliar with
blockchain technology often equate smart contracts with legal or
commercial contracts stored on blockchains. As a result, the
Examiners may find claims directed to merely applying the
blockchain technology to execute legal or commercial contracts, for
example, as part of a commerce system, like
hedging.
See, e.g.,
Bilski v. Kappas, 561, U.S. 593, 611
(2010)).
Without detailed explanations of smart contract set
forth in the specification, patent prosecutors may find themselves
in anuphill battle against the abstract idea finding. What makes it
Could Reddit s GameStop Run Be a Boon for Crypto?
On 1/29/21 at 6:00 AM EST
As GameStop s stock price has continued to rise over the past week, due to users of a Reddit thread, some experts have suggested that the situation could be beneficial to cryptocurrency trading.
Over the past week, the share price of GameStop has skyrocketed to a high of $469 on Thursday, an increase of roughly 400 percent. The surge was caused by a group of Reddit users on the subreddit R/WallStreetBets, who set out to thwart hedge fund traders who bet against the company by short selling.
Several other stocks, such as AMC, BlackBerry and Nokia, have also seen a rise in price due to the Reddit users.