Blockchain is a record-keeping system that uses cryptography and distributed ledgers across several computers to keep records of transactions.
In the early 2000s, the rise of distributed computing and demand for digital currency has led to software containers becoming more prevalent in implementing blockchain technology.
Because software containers are very new and so essential to software deployment (distribution of software for launch), programmers for software containers are scarce. With the high demand for these scarce container programmers, they are paid abnormally high salaries. Software patents on certain blockchain technologies have become highly sought after because developing new and different systems may be difficult.
The U.S. Patent and Trademark Office has found blockchain technology to be patentable subject matter. The USPTO issues hundreds of utility patents for blockchain technology every week.
Patent attorney Derek Fahey has years of experience with patents using blockchain technology. For example, Derek has worked on this blockchain-based software patent: (US10896436B1 – Systems and methods for providing authenticity, integrity, and non-repudiation to advertising technology).
Because developing software using blockchain technology requires plenty of energy, time and money, searching for guidance from an intellectual property attorney who is experienced in patenting software using blockchain technology is essential. Contact patent attorney Derek Fahey, Esq. for a free consultation to discuss your blockchain technology application and how we can help protect your intellectual property.