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Ask HN: Amex Files Patent for "Transferring Value via a Social Network"

1 pointsby generalsevenover 11 years ago
It sounds like Amex is trying to file a patent for our service (and many others). What should we do?<p>US Patent 20140006297 filed on July 2, 2013:<p>An integrated, end-to-end, automated system that enables a first social networking user to seamlessly transfer value to a second social networking user, even if the second user is not registered with the money transfer service from which the first user initiates the transfer...<p>Our service:<p>PikaPay.com https:&#x2F;&#x2F;www.PikaPay.com&#x2F;<p>Send Bitcoins to anyone on Twitter, as easy as a Tweet!<p>PikaPay is a Bitcoin wallet integrated with the Twitter API and is one of the fastest and easiest ways to use Bitcoin. Just like in the Amex patent, with PikaPay the recipient doesn&#x27;t need to have a PikaPay account to receive bitcoins.<p>We were the first to start sending bitcoins on Twitter back in 2011. But we&#x27;re sure that scores of other companies have been doing &quot;value transfer via social networks&quot; even earlier.<p>Do we have to take that Amex patent application seriously in any way, and is there anything specific we should do?<p>We Tweeted AmEx about it recently: https:&#x2F;&#x2F;twitter.com&#x2F;PikaPay&#x2F;status&#x2F;420231417117683713

1 comment

generalsevenover 11 years ago
It sounds like Amex is trying to file a patent for our service (and many others). What does HN think we should do?<p>US Patent 20140006297 filed on July 2, 2013 (from link above):<p>An integrated, end-to-end, automated system that enables a first social networking user to seamlessly transfer value to a second social networking user, even if the second user is not registered with the money transfer service from which the first user initiates the transfer...<p>Our service:<p>PikaPay.com : <a href="https://www.PikaPay.com/" rel="nofollow">https:&#x2F;&#x2F;www.PikaPay.com&#x2F;</a><p>Send Bitcoins to anyone on Twitter, as easy as a Tweet!<p>PikaPay is a Bitcoin wallet integrated with the Twitter API and is one of the fastest and easiest ways to use Bitcoin. Just like in the Amex patent, with PikaPay the recipient doesn&#x27;t need to have a PikaPay account to receive bitcoins.<p>We were the first to start sending bitcoins on Twitter back in 2011. But we&#x27;re sure that scores of other companies have been doing &quot;value transfer via social networks&quot; even earlier.<p>Do we have to take the Amex patent application seriously in any way, and is there anything specific we should do?<p>We Tweeted AmEx about it recently:<p><a href="https://twitter.com/PikaPay/status/420231417117683713" rel="nofollow">https:&#x2F;&#x2F;twitter.com&#x2F;PikaPay&#x2F;status&#x2F;420231417117683713</a><p>We&#x27;re curious about what others here think about the patent and how they would approach this issue.