Self-proclaimed Bitcoin Creator Craig Wright Taking Out Hundreds of of Blockchain-Related Patents

By June 21, 2016Bitcoin Business

Craig Wright, the Australian who claimed to be the inventor of Bitcoin, but failed to come through with final proof that he was Satoshi Nakamoto, is attempting to build a large patent portfolio around the digital currency and technology underpinning it, according to associates of his and documents reviewed by Reuters. He’s now being called a ‘Patent Troll’ by some for filing over a billion dollars worth of Blockchain patents. The Bitcoin community is up in arms. Since February, Wright has filed more than 50 patent applications in Britain through Antigua-registered EITC Holdings Ltd, which a source close to the company confirmed was connected to Wright, government records show. Interviews with sources close to EITC Holdings Ltd, which has two of Wright’s associates as directors, confirmed it was still working on filing patent applications and Britain’s Intellectual Property Office has published another 11 patent applications filed by the company in the past week. “None of this has stopped,” one person close to the company said. The person declined to be identified because they were not authorized to speak to the media. Wright did not respond to requests seeking comment. A patent schedule, one of a number of documents relating to the applications shown to Reuters by a person close to the EITC Holdings, outlines plans to apply for about 400 in total.

In May 2016, a skeptical bitcoin community gave Wright certain tasks to prove that he was in fact Satoshi Nakamoto, but he bailed out and never came through with his promise to provide further proof.

Over the weekend, a long article on Craig Wright written by by novelist and journalist Andrew O’Haga at the London Review of Books (LRB) also said that they were working on filing several hundred patents. …Wright had been working on new applications of the […]

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