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After Rejecting Litepay, Mastercard Patents Its Own Blockchain Technology

Blockchain technology is gaining traction amongst mainstream financial service providers as the technology guarantees security, decentralization, cheaper transaction fees and faster ways of sending funds across the globe. Mastercard has also not been left behind in these developments. This is after it was rumored as being one of the payment card providers that refused to support Litecoin (LTC) and its Litepay project.

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Oppo patents underscreen fingerprint scanner

The first company with a fingerprint scanner under the display was vivo with the X20 Plus UD, swiftly followed by the Huawei Mate RS Porsche Design. Oppo is expected to be the next Chinese manufacturer to jump on the bandwagon after receiving a patent for the technology from the State Intellectual Property Office of China (SIPO).

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U.S. wants patent form recall

The United States Patent and Trademark Office (USPTO) has demanded the elimination of ‘Form 27’— a statutory requirement unique to India’s patent law that mandates patent holders to declare how a monopoly is being exercised in the country.

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Apple faces patent lawsuit over Watch’s heart rate sensor

Apple Watch's heart rate sensor is built on stolen tech -- that's what a lawsuit filed against the company is claiming, at least. A Michigan-based health startup called Omni MedSci is accusing Cupertino of using technology on the Watch that infringes on four of its patents, all of which reference the use of a light source on a wearable device to take blood measurements. In his lawsuit, Omni founder Dr. Mohammed N. Islam said he met with Apple's medical technology specialist, hardware designer and even VP of product marketing Greg Joswiak several times from 2014 to 2016 to discuss what were then merely patent applications.

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Microsoft vows to let partner companies keep their patents

Microsoft has launched a new policy that means its tech customers will keep hold of any patent rights that come out of its partnerships. In a blog post, Microsoft president Brad Smith explained that the Shared Innovation Initiative is designed to reassure customers that the company won't use the knowledge gleaned from joint ventures to "enter their customer's market and compete against them."

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