Trademarks in blockchain

Montagu Law’s Alex Montagu and TomWalsh examine two cases concerning trademark disputes in the blockchainspace

Alex Montaguand Tom Walsh, Montagu Law

Cryptocurrencies and other products based on blockchaintechnology continue to expand at a rate that proves it isn’t merely a passingfad. But as companies rush in to conduct business in theseblockchain-related offerings, there will undoubtedly be a concomitant increasein related legal disputes. In such a rush, one area that may be particularlyfraught with possible disputes is in the naming of trademarks. It is importantto clear and secure trademark rights before adopting and using a new mark.Otherwise, they may find themselves embroiled in prolonged and undoubtedlycostly litigation. Two recent disputes highlight important lessons and providean opportunity to adopt and safeguard trademarks in the blockchain space.