Close Menu
What The FinanceWhat The Finance
    What's Hot

    Whistleblowers Unmask Schwab’s Toxic WEF Secrets

    April 25, 2025

    Capital One-Discover Merger Reshaping the Credit Card Industry

    April 24, 2025

    Michael Saylor’s Strategy New $286 Million Bitcoin Purchase

    April 15, 2025
    Facebook X (Twitter) Instagram
    X (Twitter) Facebook YouTube
    What The FinanceWhat The Finance
    Donate
    • NewsWire

      Capital One-Discover Merger Reshaping the Credit Card Industry

      April 24, 2025

      Michael Saylor’s Strategy New $286 Million Bitcoin Purchase

      April 15, 2025

      Breaking Down the U.S. Budget

      February 14, 2025

      The Financial Impact of Mizotakis Resigning in Greece

      February 1, 2025

      Incoming US President Shocks with $TRUMP Memecoin Launch

      January 18, 2025
    • Bitcoin

      The Rise of State-Level Strategic Bitcoin Reserves

      February 19, 2025

      How Oklahoma is Embracing Bitcoin with Legislation

      January 15, 2025

      Without Bitcoin: A Grim Vision of the Financial Future

      January 6, 2025

      Rumble Video Creators to Be Paid in Bitcoin

      December 24, 2024

      French Politician Advocates for EU Bitcoin Reserve

      December 17, 2024
    • Crypto

      The DAO Governance Battle Between Corporations & Blockchain Rebels

      October 25, 2024

      Altcoin Season Coming to an End? BTC Dominance & Institutions

      September 27, 2024

      Is Tether a $118 Billion Dollar Scandal Waiting to Happen?

      September 18, 2024

      Uncovering North Korean IT Workers in DeFi Scam

      August 16, 2024

      Navigating the Crypto Market: Avoiding Liquidation & Bull Traps

      July 24, 2024
    • Stocks

      NASDAQ 100 Welcomes Bitcoin Through MicroStrategy

      December 14, 2024

      Master the Time Value of Money Financial Concept

      December 9, 2024

      MicroStrategy Convertible Debt Expansion Sparks Stock Surge

      November 21, 2024

      Financial Ratios Guide to Measuring Business Performance

      November 18, 2024

      The Highest Paid CEOs of 2024

      October 1, 2024
    • Global Economy

      Whistleblowers Unmask Schwab’s Toxic WEF Secrets

      April 25, 2025

      Tariff Tensions Drive Market Volatility

      April 9, 2025

      Red in Name Only: Labour’s War on the UK Working Class

      March 18, 2025

      AI, Robotics & the Future of Cheap Production

      January 20, 2025

      Can Milei Inflation Gamble Hurt Argentina’s Future?

      January 13, 2025
    • TradFi
      • Investment Ideas
      • Forex
      • Commodities
      • Best Deals
    • Markets
      • Cryptocurrency Prices
      • Fear & Greed Index
      • World Market Indices
      • US Stock Market
      • Live Forex Rates
      • S&P 500
      • Gold
    What The FinanceWhat The Finance
    Home»Satoshi»The Reality Behind the Numbers of Craig Wright’s Patent Inventions
    Paytent
    Satoshi

    The Reality Behind the Numbers of Craig Wright’s Patent Inventions

    February 27, 2024No Comments5 Mins Read184 Views
    Share
    Twitter Facebook Reddit LinkedIn Telegram

    The claims made by Craig Wright (CSW), a questionable figure in the cryptocurrency world, regarding his patented inventions have sparked considerable debate and scrutiny. David Pearce, a UK-based patent attorney, has provided valuable insights into the veracity of these claims, especially in the context of the recent COPA vs Wright trial at the UK High Court. Let’s analyze the number of patented inventions Wright truly has, exploring the intricacies of patent ownership, invention authenticity, and the implications of Wright’s assertions.

    image 160

    Understanding “Patented Inventions”

    nChain EP Applications
    Source: @tuftythecat

    Definitions and Wright’s Alleged Portfolio

    To accurately assess Wright’s claims, it is crucial to define what constitutes a “patented invention.” A patented invention is defined in a patent application and has been granted by a patent office. Wright has claimed ownership of a staggering number, stating he has 4,000 and aims to reach 10,000. However, this requires a closer examination to avoid misconceptions, especially considering the potential for multiple grants in different countries.

    But how many of these did (patents) Craig Wright actually invent? Many do not have CSW as an inventor at all.

    David Pearce

    Patent Ownership vs. Inventorship

    An important distinction lies in understanding patent ownership versus inventorship. Wright does not personally own any patents; they are assigned to nChain, a company known for its blockchain and cryptocurrency research. Thus, a fair assessment would involve analyzing patents based on inventorship rather than ownership, providing a more accurate representation of Wright’s contributions.

    image 157
    Source: @tuftythecat

    Dissecting the Data from the European Patent Register

    To gain a comprehensive view, data from the European Patent Register was utilized, revealing 533 applications with nChain as the applicant. This data forms the basis for evaluating the authenticity of Wright’s claims.

    The European Patent Register is a comprehensive and publicly accessible database maintained by the European Patent Office (EPO). It serves as a crucial resource for anyone interested in the legal status of European patent applications and patents. The register provides detailed information on each application, including the application date, publication date, current status, and the identities of the applicant and inventor.

    Additionally, it offers insights into the procedural steps of patent applications, such as examination reports, oppositions, and patent grant data.

    image 161

    Status of Patent Applications

    The status of the patent applications associated with Craig Wright presents a diverse and complex picture. Out of the 533 applications filed, a majority, 394, are still pending, awaiting decisions from the patent office. This state of limbo suggests a significant portion of Wright’s alleged contributions to the field are yet to receive formal recognition or rejection. Meanwhile, 20 applications have been outright refused, indicating that they did not meet the necessary criteria for patentability. Another 20 have been allowed, signaling impending patent grants. Most notably, 99 applications have successfully navigated the rigorous examination process and have been granted, representing tangible, recognized inventions.

    Within this granted group, 3 face opposition, which could potentially alter their patent status. Assuming each of these granted patents corresponds to a unique invention, this would indicate 99 distinct contributions to the field. However, this number becomes more ambiguous when considering Wright’s direct role. While he is associated with these applications, the extent of his personal involvement and contribution as an inventor in each case remains less definitive, casting a shadow of uncertainty over the true measure of his inventive input. This discrepancy points to the need for a more nuanced understanding of patent attribution, especially in cases where the inventor’s claim to fame hinges significantly on the number of patents held.

    Wright’s Involvement in Inventions

    A deeper dive into these patents shows that many do not list Wright as an inventor, and in cases where he is a joint inventor, his specific contribution is uncertain. Further, in several patents, Wright was added as an inventor years after the initial filing, raising questions about his actual role in these inventions.

    image 158
    Source: @tuftythecat

    Evaluating Wright’s Genuine Patented Inventions

    Wright as the Sole Inventor

    In the analysis of Craig Wright’s role as an inventor, particular attention must be paid to patents where he is listed as the sole inventor. Upon reviewing the data, it becomes evident that Wright is the only inventor named in a mere 41 patent applications. Out of these, a surprisingly low number of only 6 have successfully been granted. This finding starkly contrasts with Wright’s earlier claims of owning thousands of patents. Such a discrepancy not only raises questions about the validity of Wright’s claims but also underscores a significant gap between his assertions and the reality as reflected in the patent records.

    This revelation is critical as it casts doubt on the extent of Wright’s contributions to these inventions and highlights the need for scrutiny when evaluating claims of prolific inventiveness, especially in the rapidly evolving and highly competitive field of technology.

    Caveats and Further Considerations

    1. Unpublished Applications: There are additional applications yet to be published, but these are not granted by definition.
    2. International Patents: Wright may have other granted patents in various countries as the sole inventor. However, this would only marginally increase the total, possibly to double figures.
    3. Potential Double Counting: While efforts were made to avoid double counting by country, there’s still a risk of duplication due to similar-scope patents stemming from one application.
    4. Authenticity of Inventions: A fundamental assumption is that these patents represent true inventions, i.e., they are new and inventive. This may not always hold true.
    image 159
    Source: @tuftythecat

    Reassessing Wright’s Inventive Claims

    The analysis conducted by David Pearce provides a more grounded perspective on Craig Wright’s claims about his patented inventions. Contrary to Wright’s assertions, the evidence suggests a significantly smaller number of patented inventions can be attributed to him directly. This revelation invites a broader discussion on the authenticity and validity of claims made within the tech and cryptocurrency sectors, emphasizing the need for meticulous scrutiny and factual verification.

    Wright’s case serves as a cautionary tale, underscoring the importance of distinguishing between hyperbolic claims and substantiated achievements in the rapidly evolving world of technology and intellectual property.

    Author Profile

    Lucy Walker
    Lucy Walker
    Lucy Walker covers finance, health and beauty since 2014. She has been writing for various online publications.
    Latest entries
    • April 25, 2025Global EconomicsWhistleblowers Unmask Schwab’s Toxic WEF Secrets
    • April 9, 2025Global EconomicsTariff Tensions Drive Market Volatility
    • March 18, 2025Global EconomicsRed in Name Only: Labour’s War on the UK Working Class
    • March 7, 2025SatoshiCraig Wright Banned from UK Courts with Civil Restraint Order
    1
    Share. Twitter LinkedIn Telegram Reddit Facebook
    Previous ArticleDavid Chaum’s xx Network: Quantum-Resistant Blockchain Tech
    Next Article Bitcoin Surges to $57K as a Sign of ETF Market Optimism

    Related Posts

    Craig Wright Banned from UK Courts with Civil Restraint Order

    March 7, 2025150 Views

    Trillion $ Bitcoin Lawsuit Dismissed as Court Issues Written Verdict

    December 20, 2024Updated:December 20, 2024

    Craig Wright Convicted to 1 Year in Prison for Contempt

    December 19, 2024Updated:December 19, 2024
    Add A Comment
    Leave A Reply

    Stock Ticker
    • Loading stock data...

    Whistleblowers Unmask Schwab’s Toxic WEF Secrets

    April 25, 2025

    Capital One-Discover Merger Reshaping the Credit Card Industry

    April 24, 2025

    Michael Saylor’s Strategy New $286 Million Bitcoin Purchase

    April 15, 2025

    Tariff Tensions Drive Market Volatility

    April 9, 2025
    Categories
    • Best Deals
    • Bitcoin
    • Commodities
    • Crypto
    • Forex
    • Global Economics
    • Investment Ideas
    • NewsWire
    • Satoshi
    • Stock Market
    Recent Comments
    • Bitcoin Grandad on The Aftermath: Craig Wright, BSV & nChain in Crisis
    • Peter Williamson on SUI: A Rising Force in the Blockchain World
    • Peter Williamson on Robotics Revolution 2024: A Guide to 16 Industry Leaders
    Also Check Out

    Craig Wright Banned from UK Courts with Civil Restraint Order

    March 7, 2025

    The Rise of State-Level Strategic Bitcoin Reserves

    February 19, 2025

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    Your source for financial news. This is not financial advice. Our opinions are independent of any financial organizations.

    2007 - 2023 | What The Finance Magazine

    We're social. Connect with us:

    Facebook X (Twitter) Instagram YouTube LinkedIn TikTok
    Top Insights

    Whistleblowers Unmask Schwab’s Toxic WEF Secrets

    April 25, 2025

    Tariff Tensions Drive Market Volatility

    April 9, 2025

    Red in Name Only: Labour’s War on the UK Working Class

    March 18, 2025
    Categories
    • Best Deals
    • Bitcoin
    • Commodities
    • Crypto
    • Forex
    • Global Economics
    • Investment Ideas
    • NewsWire
    • Satoshi
    • Stock Market
    Pages
    • About
    • Advertise
    • Get In Touch
    • Markets
    • Privacy Policy
    • Donate
    • Trending Articles

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok