Marc Kaufman, partner at Rimôn P.C., talks about how companies can start to minimize the risk of excessive patent litigation as the number of patents filed in the industry skyrockets.
In This Story: Blockchain
A blockchain is a distributed database that is shared among the nodes of a computer network. As a database, a blockchain stores information electronically in digital format. Blockchains are best known for their crucial role in cryptocurrency systems, such as Bitcoin, for maintaining a secure and decentralized record of transactions. The innovation with a blockchain is that it guarantees the accuracy and security of a record of data and generates trust without the need for a trusted third party.