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The Situation Smart contracts are often mentioned in blockchain-themed patent applications and recited in claims. However, Examiners without a thorough understanding of this concept or unfamiliar with blockchain technology often equate smart contracts with legal or commercial contracts stored on blockchains. As a result, the Examiners may find claims directed to merely applying the blockchain technology to execute legal or commercial contracts, for example, as part of a commerce system, like he...
Mark Giancaspro Andreasm Antonopoulos Nick Szabo Gavin Wood Bank Intl Alice Corp
Source: mondaq.com

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