I am Attorney Dawn Ross, an intellectual property and patent attorney at Sparks Law. The U.S. Patent and Trademark Office was sued by Stephen Thaler of the Artificial Inventor Project, as the office had denied his patent listing the AI named DABUS as the inventor. Recently a United States Federal Judge ruled that under current law, Artificial Intelligence cannot be listed as an inventor on any United States patent. The Patent Act states that an inventor is referenced as an “individual” and uses the verb “believes”, referring to the inventor being a natural person.
Here is my proof (https://www.facebook.com/SparksLawPractice/photos/a.1119279624821116/4400519830030396), a recent article from Gizmodo.com about the court ruling on how Artificial Intelligence cannot be listed as an inventor, and an overview of intellectual property and patents.
The purpose of this Ask Me Anything is to discuss intellectual property rights and patent law. My responses should not be taken as legal advice.
Dawn Ross will be available 12:00PM - 1:00PM EST today, October 20, 2021 to answer questions.
Check out the patent for yourself.
https://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=%2Fnetahtml%2FPTO%2Fsearch-bool.html&r=2&f=G&l=50&co1=AND&d=PTXT&s1=Loopring&OS=Loopring&RS=Loopring
Methods for preventing front running in digital asset transactions
Abstract:
"Provided is a method for matching orders of digital assets. The method comprises: receiving a plurality orders of digital asset from a plurality addresses on a distributed ledger, wherein each of the orders comprises a digital signature of the address, an authorizing public key, and an authorizing private key."
Sounds to me like they have already beat the market in the US. This means ANY company that wants to use a decentralized exchange for ANY product will have to go through loopring.
Of course, nobody can ban a specific chain entirely -- but loopring would be the goto for any corporation or business in America that wants to access a decentralized layer 2. They can't have competitors in the US.
Edit* This is open sourced and on Ethereum so no centralization!
Vitalik Buterin has said the future of Ethereum lies on layer 2 built with zkRollups.
Loopring is working on a zkEVM (Ethereum Virtual Machine)!
zkRollup allows for secure transactions with ZERO fees within L2.
Relevant loopring tweets:
https://twitter.com/loopringorg/status/1446584595017830408?t=QwSJUoA4VHecj3y6iPse7Q&s=19
https://twitter.com/loopringorg/status/1445096081595981836?t=k02lvpDneBlfNF4clAMV0Q&s=19
Loopring dot org
APPLICATION ACCEPTED
https://uspto.report/patent/grant/10,354,236
