THELOGICALINDIAN - Following three bootless attempts by assorted firms to annals the Bitcoin brand in Russia the Russian apparent bureau Rospatent has accepted the appeal forLLC Bitcoin toRussian Blockchaincommunity architect Alex Fork
Also read: Russia’s Central Bank Officially Announces Blockchain ‘Work Group’
‘Bitcoin’ Trademark Established in Russia
Request No. 552645 to brand the name “Bitcoin” has been accepted in Russia, reported Russian media aperture Plusworld. The new rights holder of LLC “Bitcoin” is Alex Fork, a Russian cryptocurrency enthusiast and the columnist of Russia’s aboriginal book on Bitcoin. He is additionally the head of the “Future Fintech” accelerator in Moscow and the architect of Blockchain.community, a “voluntary affiliation of enthusiasts, specialists, entrepreneurs, and casework absorbed in studying, developing and applying blockchain technologies,” according to their website.
Fork told the advertisement that the trademark’s allotment will be accurate until December 30, 2023. However, he does not seek to accumulation from the brand as he wants to “give it to the association so that businesses could use it with aplomb and after abhorrence of patent-trolls.”
In added words, Fork does not plan to use the LLC “Bitcoin” cast for bartering purposes, according to his statements to the Russian press. In fact, the absolute action of registering the cast was advisedly done to anticipate accessible monopolization of the Bitcoin cast by a distinct article who could then use it to accumulation at the amount of Russian cryptoccurency users.
Dima Starodubcev, architect of Cyber.Fund, a agenda investments platform, told Bitcoin.com that he “trusts” Alex Fork and believes this will be “good” for the Russian Bitcoin association affective forward.
Previous Failed Attempts
Previously, the allotment of the “Bitcoin” brand was attempted at atomic three times as aboriginal as 2013. Back in March 2016, the Russian apparent agency, frequently accepted as Rospatent, rejected a appeal on account of “M-Groupp” to annals the trademark.The aggregation filed the appeal in affiliation to the 36th and 38th classes of the International Classification of Goods and Casework (NICE) for banking casework and telecommunications, respectively.
Other antecedent requests were filed by LLC Intelprom, which was associated with above administrator of Master-Bank, Boris Bulochnik, and by LLC “Doka”, both of which were after abandoned by the applicants themselves.
Now, the fourth attack by Fork has accepted to be acknowledged as the LLC “Bitcoin” brand is now clearly registered in Russia beneath the 9th, 36th, 35th, and 41st classes of the International Classification of Goods and Casework (NICE), which includes banking services.
Do you anticipate this brand will addition Bitcoin startups in Russia? Let us apperceive in the comments sections below!
Images address of maxkeiser.com, advapay.eu
