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Hey guys, TLDR: a new lawsuit or complaint for patent infringement has been filed against Ripple (the company). Cooperative Entertainment, Inc. (based out of Raleigh, NC) recently filed a lawsuit against Ripple Labs, Inc. on 9/25/2019. The patent in dispute (U.S. Patent No. 9,432,452) was filed in 2013 by Cooperative Entertainment - https://patents.google.com/patent/US9432452. As of today (10/30), Ripple (the company) has not responded to the complaint. Here is a more detailed analysis of the lawsuit or complaint: 1) Cooperative Entertainment, Inc. is a company based out of Raleigh, North Carolina (US). They are the plaintiff in this case. Ripple Labs, Inc. or Ripple (the company) is the defendant. 2) Cooperative Entertainment is registered for doing business in North Carolina (see photo below). 3) Cooperative Entertainment appears to have been founded in 2010 by Juan R. Benito - https://www.linkedin.com/in/juanbenito 4) According to the LinkedIn Profile, "Cooperative Entertainment is a boutique software development consultancy specializing in games for both consumer and corporate deployment. Clients include The World Bank, Fidelity Investments, BCBS, Capitol Broadcasting Company, Lockheed Martin, BLDG-25, StandardWorks, The E.W. Scripps Company, US Intelligence Community, and others. From console games to serious games, Cooperative's network of talented developers can advise, design, develop, and deploy games of all kinds and on all platforms." 5) This case was filed in federal court. 6) The plaintiff is alleging that the defendant's RippleNet is infringing on U.S. Patent No. 9,432,452. 7) Cooperative Entertainment "prayer for relief" includes for a fair and reasonable royalty, along with pre-judgment and post-judgment interest at the maximum rate allowed by law. 8) The complaint gets somewhat technical. Feel free to read the entire complaint here - https://pdfhost.io/v/a8JXXsiCr_show_temppdf.pdf. 9) And here is the docket - https://www.pacermonitor.com/public/case/30211232/Cooperative_Entertainment,_Inc_v_Ripple_Labs,_Inc The community will be updated as this case makes its way through the judicial process. Thanks, guys! @Pablo @Snoopy @zerpdigger @vlad_got_it @jcdenton @Mrsrippley @Sebastian @xrpisking
Blog URL: https://coil.com/p/Hodor/You-Are-Not-Mistaken/j65U-s5O0 XRP fans appreciate hard facts and real business progress! I describe why 𝗫𝗥𝗣 𝗶𝘀 𝘁𝗵𝗲𝗶𝗿 𝗽𝗿𝗲𝗳𝗲𝗿𝗿𝗲𝗱 𝗱𝗶𝗴𝗶𝘁𝗮𝗹 𝗮𝘀𝘀𝗲𝘁 and address important news impacting XRP in today's blog: 𝐆𝐞𝐧𝐞𝐫𝐚𝐥 𝐁𝐥𝐨𝐜𝐤𝐜𝐡𝐚𝐢𝐧 𝐍𝐞𝐰𝐬: Elliptic, a business specializing in AML compliance, receives a massive infusion of capital from SBI in exchange for services, equity & a board seat. 𝐑𝐢𝐩𝐩𝐥𝐞 𝐍𝐞𝐰𝐬: Ripple is sending three representatives to the OECD's two-day conference in mid-September; Kotak Mahindra shares its perspective on Ripple technology in a recent video; Henrique Teixeira, Ripple's Director of Strategic Relationships in the Americas, is scheduled to participate at Cl@b2019; Identitii files a U.S. patent that includes multiple references to Ripple and XRP; Four more banks sign onto Money Tap, SBI's domestic payments platform; Ripple hires Ron Hammond as their Manager of Government Relations; and Equilibrium publishes a new guide for configuring two Interledger Connectors; 𝐂𝐨𝐢𝐥 𝐍𝐞𝐰𝐬: The W3C's Ian Jacobs publishes an interview with Stefan Thomas; Stefan Thomas and Adrian Hope-Bailie will be attending TPAC2019, the W3C's annual meeting; and I highlight seven content creators on Coil; 𝐗𝐑𝐏 𝐍𝐞𝐰𝐬: The Japanese XRP Meetup organizers publish more information; King Blue's fundraising for St Jude using the XRP Tip Bot now exceeds 100,000 XRP; Jonny Lawrence publishes a new GIF, following the one that went viral days ago; and JannaOneTrick publishes a regulatory fan video; I hope you enjoy the read: Please feel free to share my blog with a friend or share it on any other platform - and thanks for doing so! My blog announcement links on other platforms: Twitter Reddit r/Ripple Reddit r/CryptoCurrency Reddit r/CryptoMarkets Reddit r/xrp Reddit r/RippleTalk Reddit r/alternativecoin Reddit r/CoilCommunity Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
Corda is going to be open sourced this Wednesday Nov 30th. So there will certainly be more R3 stories coming this week. Here are some links: https://gendal.me/2016/11/25/countdown-to-corda-open-source/ http://venturebeat.com/2016/1...on-in-blockchain-startup-r3/ https://twitter.com/petertoddbtc/status/802242400936755200 https://goldsilverbitcoin.com/r3-sends-cease-and-desist-to-peter-todd/ What is R3's Concord platform? What components does it use besides Corda?