Software giant Oracle sues blockchain startup over similar name

Software giant Oracle sues blockchain startup over similar name

2019-8-16 14:53

Software giant Oracle is suing a blockchain venture capital startup for trademark infringement and “cybersquatting,” reports Computer Reseller News. Oracle, based in Redwood City, California, has alleged CryptoOracle LLC and its owner Louis Kerner purposefully sought to leverage Oracle‘s reputation as an “innovator and leader within the technology industry” when it selected its brand name.

Kerner, who lists himself as a former Goldman Sachs exec on LinkedIn, founded CryptoOracle in 2017. It’s an advisory firm that seeks to assist businesses and entrepreneurs in the blockchain space, and sells tickets to meet-ups and other educational events it apparently organizes. Oracle, one…

This story continues at The Next Web

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Источник: thenextweb.com

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