Rocketfuel Blockchain, the blockchain payments company, has sued its co-founder Joseph Page for allegedly misrepresenting patent applications and defrauding the firm. It has been reported in a complaint filed with the Central District Court of California that Rocketfuel claimed Page hid the fact that patents he transferred to the company had expired. The company is seeking damages of at least $5.1 million. However, according to Rocketfuel, Page transferred patent applications

Mastercard‘s Singapore-based subsidiary has filed a patent with the US Patent Office for using hardware devices that specifically mentions Iota’s (MIOTA) Tangle technology. It has been reported that the patent claim, which published on August 20, proposes a pay-as-you-go system that uses a “transparent data storage system and aggregation.” However, users must provide their credentials to gain access to a particular hardware device, the patent cites copiers and 3D printers as

The US Postal Service (USPS) has filed a patent, which appears to use blockchain technology to make mail-in voting a safe alternative to physical polling stations amidst the COVID-19 pandemic. It has been reported that this news follows recent comments from President Donald Trump concerning the mail service’s funding as part of his fight against mail-in voting. However, a patent filing said: “This development relates to a voting system that also incorporates the use of crypto

Visa has filed a patent application to create digital currency on a blockchain with the US Patent and Trademark Office. It has been reported that according to the application published on May 14, but filed way back in November 2018,  inventors Simon J. Hurry and Alexander Pierre with the Visa International Service Association in San Francisco have sought a patent for a digital currency recorded on a blockchain and controlled by a central entity computer. However, it stated Et

Block.One, the blockchain software publisher, has been awarded a patent for a blockchain-based bidding system for promotional exposure tied to popular social media posts. It has been reported that the US Patent and Trademark Office approved the patent on April 28, as Block.One filed with the office during May 2019. However, the patent, which Block.One describes as a means to incentivize positive feedback contributions among a social media community, outlines a system where bi

General Motors, or GM, the major car manufacturer, has filed a patent application for a continuously updating navigation map system. The system would use blockchain to integrate data from vehicle sensors and build a reliable map for autonomous vehicles. Trent Partridge #globalcoin #facebook #crypto currency https://t.co/wEPxDe35ho — Libra Coin News – Trent Partridge (@LibraCoinNews) April 4, 2020 On April 2, it has been reported that according to the filing, which was submit

Square, a financial services and mobile payment company, thinks that it has found a way to turn fiat into crypto in real-time point-of-sale transactions. 🗣#Square is making some big moves that may have massive impact towards adoption – find out more below ! Full Article👉https://t.co/bXjBOahwMi#SMARTVALOR #crypto #cryptocurrency #tokenization — SMART VALOR (@smartvalorinc) January 23, 2020 On January 21, it has been reported that the United States Patent Office awarded Squ