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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

Mark giancasproAndreasm antonopoulosNick szaboGavin woodBank intlAlice corpSubject matter eligibility guidanceEthereum virtualMastering ethereumBuilding smart contractsEthereum virtual machineDistinguish quot smart contract from abstract idea to pass blockchain patentability scrutinyIntellectual propertyநிக் ஶாபொகவின் மரம்வங்கி இந்தில்