Joseph Page is accused of defrauding payments firm Rocketfuel Blockchain as well as misrepresenting the patent applications of the company.
The San Francisco-based firm was awarded a patent (for a design that can execute smart contracts based on data collected from the outside world.
A panel composed of legal and patent law experts explored topics related to blockchain patents on Day 3 of the CoinGeek Live conference.
Jack Dorsey's Square Crypto has launched the Crypto Open Patent Alliance (COPA), a shared patent library where members pool all of their crypto patents.
Lancium alleged that Layer1's "demand-response" model enables the firm to shut down mining operations and redirect power to the grid during high demand periods.
The technology, which also enables smart contracts, puts Bitcoin directly in competition with Ethereum and its ERC20 token standard.
Huawei has filed for multiple patents related to blockchain technology storage methods and devices, according to local media outlets.
Blockchain patent expert Cerian Jones dispel some of the myths about software patents as well as blockchain related patents.
The case claimed the two firms committed patent infringement, breach of contract, misappropriation of trade secrets, and more.
The ongoing war of words between Dr. Craig S. Wright and Ethereum co-founder Vitalik Buterin continued in April.