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Jack Dorsey's Payment Company Square launched A Non-profit Organization COPA
Summary: Twitter founder & CEO Jack Dorsey's payment company Square announced on Thursday that it has launched the Cryptocurrency Open Patent Alliance (COPA), a non-profit organization that aims to empower the adoption and advancement of crypto Technologies. COPA operates on the principle that open access to patents covering foundational cryptocurrency technologies is necessary for the community ...
Twitter founder & CEO Jack Dorsey's payment company Square announced on Thursday that it has launched the Cryptocurrency Open Patent Alliance (COPA), a non-profit organization that aims to empower the adoption and advancement of crypto Technologies. COPA operates on the principle that open access to patents covering foundational cryptocurrency technologies is necessary for the community to grow, freely innovate, and build new and better products.
According to COPA website, COPA members pledge never to use their crypto patents against anyone, except for defensive reasons, effectively making these patents freely available for all to use. COPA also creates a shared patent library where members pool all of their crypto patents together to form a collective shield of patents, allowing members to use each others’ patents to deter and defend against patent aggressors.
By Mary Liu
Tags: Jack Dorsey,Square
Link: Jack Dorsey's Payment Company Square launched A Non-profit Organization COPA [Copy]
