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When Convenience Isn’t Worth It

On March 27, 2015 By Zachary Altman

Technological innovation over the last decade can be summed up in one word: convenience. In a world where over half of American adults own smartphones it makes sense that companies have begun targeting these devices with their new innovations. Innovation, in today’s world, takes the form of solving problems by increasing efficiency through greater [...]

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Councilman Mark Levine (D-Manhattan) is introducing a bill that would allow New York City to accept the digital currency Bitcoin as payment for fines and fees, including parking tickets and court fees.

Levine expressed several justifications for the bill, citing its popularity among young, tech-savvy individuals. “Today you can buy almost anything [...]

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Alice Corp. Pty. Ltd. v. CLS Bank International

In 2005, the Australian company Alice Corp. Pty. Ltd. filed a patent application with the US Patent and Trademark Office for a method of reducing financial risk by ensuring, through “data processing systems” and third-party exchanges, that counterparties make good on their obligations. In 2010, [...]

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