Australian Computer Scientist Plans To Get Hold Of Blockchain Patents And Subdue The Industry

Parth Vig
Parth Vig is a Management student, and a keen observer of Cryptocurrency and blockchain technology, his interest in writing brings him to thecoinrepublic.com, He believes that he has many ideas that he pens down and he feels it would be a great asset for any kind of creative writing.
  • The Australian computer scientist, Craig Wright claims to be the creator of Bitcoins, plans to acquire 6000 blockchain and crypto patents to dominate the industry.
  • In May 2019, the BTC manager reported that Wright was planning to file a claim for Bitcoin white paper.
  • Wright is having a legal battle with Kleiman estate over ownership of the Bitcoin present in “Tulip Trust.”

Craig Wright, who is an Australian computer scientist who claims to be the creator of Bitcoins, plans to acquire 6000 blockchain and crypto patents to dominate the industry.

While talking to Mickey, an Australian crypto media outlet, Wright is the chief scientist at nChain said that the company has plans to acquire over 6000 patents related to multiple aspects of crypto and blockchain space.

On asking about his plans, Wright commented,

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If successful, Wright’s plans could affect Bitcoin forks as well as other cryptocurrencies from a legal point of view. The proposed patent acquiring process could also affect the scaling implementations for Bitcoins. At the moment, Wright owns a couple of patents related to blockchain electronic data interchange along with scaling and layer two solutions.

If these claims are valid, Wright will be able to launch legal battles against Bitcoin and Bitcoin cash. As per his claims, if Wright has the ownership of these patents, he gets “some rights,” which he is planning to exercise shortly.

In May 2019, the BTC manager reported that Wright was planning to file a claim for Bitcoin white paper. During his current interview, he claimed that filing for copyright is one of the actions he is planning to take against Bitcoin.

However, Wright is famous for making huge claims, such as calling himself Satoshi Nakamoto, the creator of Bitcoins. At the moment, he is unable to provide any evidence to back his claim.

At the moment, Wright is having a legal battle with Kleiman estate over ownership of the Bitcoin present in “Tulip Trust.” In January 2020, the judge presiding on the case ordered Wright to present the $9.2 billion BTC holdings. The court had dismissed an earlier order for Wright to give up 50% of BTC holdings in the tulip trust.

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