Chamber of Digital Commerce Forms the Blockchain Intellectual Property Council

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The Chamber of Digital Commerce has formed the Blockchain Intellectual Property Council (BIPC), an initiative to promote innovation in Blockchain and distributed ledger technologies (DLT) by addressing intellectual property issues. The council will help balance the protection of proprietary information with the openness necessary for innovation.

The Blockchain Intellectual Property Council will be chaired by Marc Kaufman, Partner at Rimon Law; Patrick Murck, Special Counsel, Cooley & Fellow at Berkman Klein Center at Harvard; and James Murdock, Chief Business Officer and General Counsel at Blockstream.

“I am honored to help shape one of the most important discussions for the Blockchain community,” said Kaufman. “Many players are aggressively pursuing patents in the DLT space, and managing patent risk must be a shared priority.”

“Balancing the open source mindset with proprietary technology is an early and critical challenge faced by the Blockchain community,” said Murck. “An effective solution must be constructed with input from experts in both law and technology – with an eye to preserving opportunities for permissionless innovation.”

“Openness and collaboration are crucial to ensuring that permissionless innovation both thrives and evolves,” said Murdock. “Preserving these elements as the industry develops will be key to the success of the Blockchain ecosystem.”

More than 40 institutions across technology, finance, academia and law have already committed to the council, including Blockstream, Bloq, Civic, Cognizant, Deloitte, Digital Currency Group, Ernst & Young, Gem, Medici Ventures, Microsoft, T0.com, TMX and Wipfli.

“Developing an industry-led defensive patent strategy is paramount to help protect innovation and drive wide adoption of Blockchain-enabled technologies,” said Perianne Boring, Founder and President of the Chamber of Digital Commerce.

The BIPC Co-chairs will be presenting on the IP panel at the DC Blockchain Summit, hosted by The Chamber in Washington D.C., March 15-16. A kickoff meeting is scheduled for March 30, 2017. Academics, Blockchain technologists, financial institutions, IP experts, open source communities and others interested in intellectual property issues are encouraged to sign up. Please contact Dan@DigitalChamber.org for additional details.

The Chamber of Digital Commerce claims to be the world’s leading trade association dedicated to promoting the understanding, acceptance and use of digital assets and Blockchain technology. Through education, advocacy, and working closely with policymakers, regulatory agencies, and industry, our goal is to develop a pro-growth legal environment that fosters innovation, jobs and investment. Headquartered in Washington, D.C., the Chamber is the founder of the Blockchain Intellectual Property Council, the Smart Contracts Alliance, the Blockchain Alliance, the Global Blockchain Forum and other key industry initiatives.

About Richard Kastelein

Founder, Publisher and Editor in Chief of industry leading online publication, Blockchain News and co-founder and director at Blockchain Partners in London/Amsterdam/NYC. Kastelein is also an advisor with a number Blockchain startups doing ICOs including Humaniq.co where hs is interim CMO, DECENT.ch, Inchain, Chronobank, eGaas and others. He is regarded as one of the top journalists by the Blockchain and fintech communities – as is evident by his entry in the Top 150 Fintech journalists online and in the top 10 of the Blockchain Top 100 List.

As a prominent keynote presenter, he has spoken on Blockchain at events in Gdansk, Amsterdam, Minsk, Dubai, Antwerp, Eindhoven, Bucharest, Nairobi, Tel Aviv, Manchester, Brussels, Barcelona etc, where he helped spread the cause for Blockchain technology and cryptocurrency and, consequently, has built a notable network in the scene.

He’s also a director of a Dutch foundation called The Hackitarians and has run innovation events in London, San Francisco, Berlin, Amsterdam and other cities around the world on topics such Blockchain, Health, Energy, Internet of Things, AI etc.

In 2013, the European Commission appointed him as an expert for overseeing financing for emerging startups as a part of the European Commission’s 90 billion euro Horizon 2020 project, created in Brussels to promote innovation as a driving force of job creation and business ventures across Europe. He has also worked as an external expert for Innovate UK since 2012, judging startups for the UK government.

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