Understanding the Trademark Filing
On July 10, a curious event unfolded as Kim Nam-jin submitted an application for a trademark (TM5) for the name “Samsung Coin” to the Korean Intellectual Property Office (KIPO). This application seeks to secure the name in both Hangul and English. But who exactly is this Nam-jin, and what’s the story behind Samsung Coin?
Samsung’s Disavowal
Just nine days later, a Samsung representative took the mic and provided a reality check to all the curious cats following the story. According to a report on July 19, the spokesperson stated, “We don’t work this way,” making it pretty clear that Nam-jin is not part of the Samsung family. Just when you thought it was a classic case of tech giants innovating with coin offerings!
The Details of the Trademark Application
The trademark application isn’t just a playful jab at Samsung’s branding. It covers a range of categories, including:
- Downloadable electronic money computer program
- Electronic money card
- Electronic encryption device
- IC card with electronic money capabilities
Interestingly, despite all this fintech jargon, there’s no mention of blockchain or cryptocurrency. That’s like serving a gourmet pie but forgetting the apples!
Previous Attempts: Not a First for Nam-jin
This isn’t Kim Nam-jin’s first dance with potentially crypto-related trademarks. On the very same day he filed for Samsung Coin, he also made a move for “ThinQ Wallet.” However, LG Electronics had beaten him to the punch, applying for that trademark just days earlier on July 2. It begs the question—why is Nam-jin so keen on associating with these tech titans?
Samsung Blockchain Initiatives
While the trademark saga unfolds, Samsung is busy cementing its role in the blockchain realm. As noted by Cointelegraph, they recently launched their Blockchain DApp Software Development Kit (SDK) designed to facilitate account management, payments, and cold wallet support. Currently, this SDK serves as the ultimate toolkit, combining features from previous versions with new capabilities tailored for modern digital assets.
The Final Thoughts
In a world where trademarks and tech giants collide, it seems that Kim Nam-jin’s interest in the crypto space is fraught with hurdles. Whether this endeavor is a mischievous stunt or a real innovation will remain to be seen. One thing’s for sure—this isn’t the last we’ll hear about Samsung Coin. Stay tuned!
+ There are no comments
Add yours