09.15.21

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Open Invention Network (OIN) Recognises a Risk Posed to Cryptocurrencies (Danger From Software Patents), But OIN Still Proposes the Wrong Solutions

Posted in Deception, Finance, IBM, Intellectual Monopoly, OIN, Patents at 9:41 am by Dr. Roy Schestowitz

Video download link | md5sum 93f0af36dc02563b8b0cf0931164c1b7

Summary: Square is joining OIN, but it’s another example of banking/financial institutions choosing to coexist with software patents instead of putting an end to them

THIS video concerns the latest high-profile OIN addition. We’ve assessed not press releases but promotional puff pieces from Microsoft-centric sites [1, 2] that favour corporate front groups such as LOT, OIN, and Linux Foundation. They make no effort to question the proposed approach; instead, it is akin to a press release in quasi-interview form.

“OIN itself isn’t evil, but it misleads people by offering the wrong solutions to the community while mostly serving the interests of companies looking to ‘bag’ the community’s work (or privatise it).”We don’t wish to start with all the basics and the history of OIN. We did several videos about it earlier this year, there’s lots more in the wiki, and 188 articles in the OIN category of this blog. OIN itself isn’t evil, but it misleads people by offering the wrong solutions to the community while mostly serving the interests of companies looking to ‘bag’ the community’s work (or privatise it).

Cryptocurrencies are a pollution-related problem, but they’re not inherently evil, either. Patents remain a potent threat to them and we’ve named some of the blockchain patent trolls (they sent nasty and threatening messages to us).

Cryptocurrency companies need to work to abolish software patents, not flock to join the likes of OIN. There’s not much OIN can do to protect them from patent trolls.

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