Chamber of Digital Commerce forms the Blockchain Intellectual Property Council

posted 7 months ago
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."
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