Are Blockchain Patents a Bad Idea?

Are Blockchain Patents a Bad Idea?
AP Photo/Julie Jacobson

Blockchain is at a crossroads. On one hand, the technology, which promises to revolutionize record-keeping in businesses like banking and farming, is more open than ever with firms including Chain and R3 saying they would make their blockchain software code open to the public.

But there is another force at work that could close off access to the technology.

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