News & Analysis as of

Blockchain Counterfeiting

AEON Law

Patent Poetry: Federal Circuit Affirms Blockchain Gem Patent Is Invalid

AEON Law on

The Federal Circuit has affirmed a lower court’s decision finding the claims of a patent for preventing gemstone counterfeiting invalid. The case is Rady v. The Boston Consulting Group. Rady owns US Patent No....more

K2 Integrity

The North Korean Crypto Threat

K2 Integrity on

Executive Summary - The North Korean threat to the crypto ecosystem is the highest form of immediate risk to the crypto-economy driven by a regime that seeks to profit from its misuse to reinforce its regime and fuel all its...more

Barnea Jaffa Lande & Co.

Will NFTs Push Regulators to Regulate the Metaverse?

A few years ago, NFTs were the subject of interest only for tech geeks and the cryptocurrency community. It seems, however, that nowadays, NFTs are almost everywhere. For those who don’t yet know, NFTs (non-fungible tokens)...more

Foley & Lardner LLP

Get Real: Preventing Counterfeit Product with Blockchain

Foley & Lardner LLP on

The counterfeit business is booming. In fact, counterfeit goods account for a whopping 3.3% of global trade and cost the U.S. economy approximately $600 billion a year. The Dangers of Counterfeit Products - Counterfeiting...more

Mintz - Sports Entertainment Viewpoints

How NFTs and Blockchain Secure Digital Sports Collectibles

Today, there are new opportunities to own a bit of sports history. It is now possible to even own a digital collectible of your favorite athlete making a play during a game. NFTs (non-fungible tokens) are being used to...more

Latham & Watkins LLP

Creative Crypto: IP Implications of Selling Creative Works Tied to Non-Fungible Tokens

Latham & Watkins LLP on

As the market heats up for art-related NFTs, buyers should be aware of limitations on their rights to use those works. The convergence of blockchain technology and creative intellectual property (IP) through a non-fungible...more

Hogan Lovells

How blockchain might change the whole fashion industry – and safeguard the authenticity of your goods

Hogan Lovells on

So far you have probably only heard of blockchain in connection with financial transactions and Bitcoins. Well, that should change soon. Blockchain is the catch-all term for technology that permanently records transactions...more

Sterne, Kessler, Goldstein & Fox P.L.L.C.

MarkIt to Market® - June 2019: Blockchain-Based Names: New Frontier for Brands (and Squatters)

Blockchain technology has garnered attention from various sectors over the past ten years, much of it due to the rise of Bitcoin and other cryptocurrencies. Cryptocurrencies have gained popularity and notoriety for their...more

Robins Kaplan LLP

Can Blockchain Save the Fashion Industry?

Robins Kaplan LLP on

Counterfeiting is one of the biggest threats to the fashion industry, deceiving unwary consumers and diluting brands’ values and hard-earned reputations. Counterfeiting costs brands over $450 billion in lost sales each year,...more

Hogan Lovells

EUIPO to use blockchain in fight against counterfeiting

Hogan Lovells on

What has happened? The European Union Intellectual Property Office (EUIPO) has launched a new forum based on blockchain to combat counterfeiting....more

Kelley Drye & Warren LLP

House Committee Considers Blockchain to Improve Supply Chains and Combat Counterfeiting

A subcommittee of the House Committee on Science, Space, and Technology held a hearing this week to examine the use of blockchain technology to improve supply chains and combat counterfeiting. If you’re like many people, you...more

Sheppard Mullin Richter & Hampton LLP

Blockchain Walks the Runway As The New FashTech Fashion Tool

The World Customs Organization and International Chamber of Commerce estimate that seven to eight percent of all world trade each year involves counterfeit goods, resulting in lost sales of $512 billion globally and $200-250...more

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