COPA

COPA, the Cryptocurrency Open Patent Alliance, was established by Square, Inc. to encourage innovation and responsible patent practices within the cryptocurrency sector. By providing a platform for companies to share patents related to cryptocurrency and blockchain technology, COPA aims to foster collaboration and accelerate progress in the industry. While making patents freely accessible may promote collaboration and innovation, it also raises concerns about potential challenges and disputes over patent quality and validity, as well as diminishing incentives for companies to invest in research and development.