The world’s largest provider of cryptocurrency payment services, Bitpay has announced the company is joining the Square-founded crypto patent effort the Crypto Open Patent Alliance (COPA). Bitpay has been working with blockchain products since 2011 and the firm will share open-source projects and use a shared patent library with the crypto patent organization.
Bitpay Joins Crypto Patent Effort COPA
The Atlanta-based cryptocurrency payment and blockchain company Bitpay is joining forces with COPA. The Crypto Open Patent Alliance was originally invoked by Square, Inc., and the organization bolsters open access to patents and protection from patent threats.
On January 1, 2020, the San Francisco-based company which was just listed on Nasdaq, Coinbase, joined COPA’s mission as well. The founder and CEO of Bitpay, Stephen Pair, believes partnering with COPA is a step forward toward innovation.
“Bitpay is partnering with and supporting COPA because we believe that the blockchain space
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