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Trade Marks and Cryptocurrencies

Written by Michael Coyle on 08 November 2017

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Part 1 

1) Litecoin (LTC)

Litecoin, launched in the year 2011, was among the initial cryptocurrencies following bitcoin and was often referred to as ‘silver to Bitcoin’s gold.’ It was created by Charlie Lee, a MIT graduate and former Google engineer. Litecoin is based on an open source global payment network that is not controlled by any central authority and uses "scrypt" as a proof of work, which can be decoded with the help of CPUs of consumer grade. Although Litecoin is like Bitcoin in many ways, it has a faster block generation rate and hence offers a faster transaction confirmation. Other than developers, there are a growing number of merchants who accept Litecoin.

  • EU013626627

Similar Mark (1)

  • Lifecoin
  • UK00003033324
  • Registered March 2014
  • Class 36 - Financial services, namely, providing a virtual currency for use by members of an on-line community via a global computer network; On-line real-time currency trading; Currency exchange services; Currency trading.

Similar Mark (2)

  • LiteCon
  • WE00001116629
  • Class 9, 36

LiteCon is a high-tech composite company. A composite component consists of a collection of markup tags and other existing components. Any XHTML page that contains markup tags and other components can be converted into a composite component. Using the resources facility, the composite component can be stored in a library that is available to the application from the defined resources location.

Similar Companies House registered company

Litecoin Ltd

Company number 08814940

No indication of the services they provide (strangely)

Address - 93 Adams Drive, Willesborough, Ashford, England, TN24 0FX

2) Ethereum (ETH)

Launched in 2015, Ethereum is a decentralized software platform that enables Smart Contracts and Distributed Applications (ĐApps) to be built and run without any downtime, fraud, control or interference from a third party. During 2014, Ethereum had launched a pre-sale for ether which had received an overwhelming response. The applications on Ethereum are run on its platform-specific cryptographic token, ether. Ether is like a vehicle for moving around on the Ethereum platform, and is sought by mostly developers looking to develop and run applications inside Ethereum. According to Ethereum, it can be used to “codify, decentralize, secure and trade just about anything.” Following the attack on the DAO in 2016, Ethereum was split into Ethereum (ETH) and Ethereum Classic (ETC). Ethereum (ETH) has a market capitalization of $4.46 billion, second after Bitcoin among all cryptocurrencies. (Related reading: The First-Ever Ethereum IRA is a Game-Changer)

  • EU012569737
  • Classes 35, 38, 42

Other Mark

- Ethereum Classic

- UK00003226386

- Name and address - Stanley Arthur Bernard, 1/1 56 Dinmont Road, GLASGOW, G41 3UL, UK.

- Classes 35,36,38,42

There appears to be a tie between these two companies based on the blurb above, however they have different owners.

Companies House similarities

Two dormant companies registered in Lincolnshire UK, called Ethereum Assets Ltd and Ethereum World Ltd and no indication of services but both active.

Also

Ethereum Finance Ltd

Company number 11040203

Incorporated on 31st October 2017

Name and address – Malcolm Done - 111 Buckingham Palace Road, Westminster, London, London, England, SW1W 0SR.

3) Zcash (ZEC)

Zcash, a decentralized and open-source cryptocurrency launched in the latter part of 2016, looks promising. “If Bitcoin is like http for money, Zcash is https," is how Zcash defines itself. Zcash offers privacy and selective transparency of transactions. Thus, like https, Zcash claims to provide extra security or privacy where all transactions are recorded and published on a blockchain, but details such as the sender, recipient, and amount remain private. Zcash offers its users the choice of ‘shielded’ transactions, which allow for content to be encrypted using advanced cryptographic technique or zero-knowledge proof construction called a zk-SNARK developed by its team. (Related reading, see: What Is Zcash?)

  • EU015914203
  • Entered in register April 2017
  • Class 36 - Financial services, namely, providing a decentralized and open source crypto-currency on a global computer network utilizing a blockchain.
  • EU016014532
  • Entered in register March 2017
  • Class 9 - Computer software, namely open source software that provides users with the operating system necessary for the use of a crypto-currency on a global computer network; and other services related to use of a crypto-currency.

No similarities and no Companies House incorporation remotely similar.

 

 

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