A decentralized finance (DeFi) advocacy frame has petitioned america Patent and Trademark Place of work (USPTO) to check a patent owned via an organization it has accused of being a a “patent troll” — a company that objectives to benefit from patent complaints.

In a 9/11 weblog submit, the DeFi Training Fund (DEF) mentioned on Sept. 7 that it filed an over 90-page petition to the Patent Trial and Attraction Board in a bid to cancel a patent owned via True Go back Techniques.

Granted in 2018, the patent lays declare to a procedure for “linking off-chain knowledge to a blockchain,” DEF prison leader Amanda Tuminelli mentioned in a 9/11 X (Twitter) submit.

Tuminelli claimed True Go back attempted to promote its patent as a nonfungible token (NFT). After no purchaser, it filed go well with in opposition to the DeFi protocols MakerDAO and Compound Finance in October.

4/ When that didn’t paintings, in October 2022, TRS sued MakerDAO and “Compound Protocol” in two separate federal courtroom court cases, alleging patent infringement.
Docket hyperlinks: https://t.co/w47v7fAAEthttps://t.co/ExTapxhKNq

— Amanda Tuminelli (@amandatums) 9-11, 2023

“Obviously [True Return’s] purpose was once to call defendants who may just now not resolution the criticism so [it] may just get a default judgement,” Tuminelli mentioned.

She claimed True Go back would attempt to put in force the courtroom’s ruling in opposition to token holders and repeat the method with different protocols “that both can’t problem them in courtroom or don’t have the assets to take action.”

DEF claimed True Go back’s tech within the patent isn’t new on the time it was once granted and claims to focus on identical current tech such because the InterPlanetary Report Gadget (IPFS) in conjunction with the decentralized garage platforms Sia, Storj and Swarm.

8/ In our petition, we make the purpose that the “invention” within the patent was once now not new in 2018. There are lots of examples of “prior artwork” the Patent Board can take a look at – examples – a NASDAQ patent that hyperlinks worth knowledge off-chain to on-chain transaction historical pasthttps://t.co/amz3jREab7 %.twitter.com/RJ3VVGFeEj

— Amanda Tuminelli (@amandatums) 9-11, 2023

True Go back Techniques stated Cointelegraph’s request for remark however didn’t instantly supply a remark.

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DEF mentioned it introduced the petition with USPTO to shield the facility to make use of and increase open supply tool, to prevent any doable plans via True Go back to sue crypto tasks and lend a hand MakerDAO and Compound’s prison defence.

True Go back has 3 months to optionally reply to the petition, after six months the USPTO will have to decide if it is going to transfer ahead with reviewing the patent the place it has three hundred and sixty five days to come to a decision if the patent must be cancelled.

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