Decentralized Finance News | Blockchain.News

DECENTRALIZED FINANCE

Tried and Failed: Maker Foundation's Attempt to Patent "DeFi"
Decentralized Finance

Tried and Failed: Maker Foundation's Attempt to Patent "DeFi"

Set out to rid the decentralized finance space, free from scammers, DeFi creators tried to patent the term ‘DeFi’. However, this was short-lived as the United States Patent and Trademark Office rejected the registered application last January.