Coinbase exchange has filed an application with the U.S. Patent and Trademark Office (USPTO) a trademark for ‘BUIDL’ for the software-as-a-service software. The application also detailed on the usage of the term in the ‘temporary use of non-downloadable computer software.’ Reportedly, the application would be assigned to an examining attorney three months after filing.
A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.
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