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Kool Aid Man

07/23/24 4:09 PM

#88543 RE: mahatmapaul #88535

That appears to be the location of the registered agent for BLOX GLOBAL. Their LinkedIn page says they were "founded in Delaware in 2021." In that time they've attracted 118 followers (click "About> Show all details). https://www.linkedin.com/company/bloxglobal/

According to the USPTO their trademark has been "dead/ abandoned" as of 4/13/2023
https://tsdr.uspto.gov/#caseNumber=97207712&caseSearchType=US_APPLICATION&caseType=DEFAULT&searchType=statusSearch

Clicking the "Documents" tab > Abandonment Notice produced the following physical address in the Meadowlark Apartments:

BLOXCROSS, INC
116 N TWIN OAKS VALLEY ROAD, UNIT 103
SAN MARCOS CA 92069 UNITED STATES

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Kool Aid Man

07/23/24 4:25 PM

#88545 RE: mahatmapaul #88535

In an interview with CEO Baez Fireblocks.com describes Bloxcross as "a customer since 2023." In it they say--

Bloxcross initially leveraged a traditional custodian to build their payments infrastructure, but quickly learned that the provider was not able to handle the transaction volume and blockchain coverage that their business and merchants required. Diego Baez, Founder & CEO of Bloxcross, explains, “We found that the custodian we were using was slow to react to the marketplace, and their infrastructure was clumsy– which made it very difficult for us to support our merchants... Bloxcross selected Fireblocks because they wanted to partner with a company that not only had blockchain and security expertise, but also strong knowledge of global payments. “There really wasn’t any other provider that could support what we were trying to do,” Diego says.... ”

The Takeaway?

Blox apparently didn't/ doesn't have the capacity to create this themselves so they went shopping for someone that did. That tells me there's nothing really all that proprietary or potentially patent-able about their product because Fireblocks surely has many other "customers."

I'd be curious to know if Bloxcross was able to buy/ license the technology from Fireblocks or if there's an ongoing payment/ royalty obligation.

Regardless, it seems more like what's known as a technology "product hack" (i.e. shopping various providers in order to cobbling together a solution). The question is "how much did Bloxcross contribute other than going shopping at the Fintech Supermarket?




So no trademark...no patent...
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