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Sq., Inc. Joins The Open Invention Community Group

DURHAM, N.C., Sept. 14, 2021 (GLOBE NEWSWIRE) — Open Invention Community (OIN), the group shaped to safeguard open supply software program (OSS) and the biggest patent non-aggression neighborhood in historical past, introduced at the moment that Sq., Inc. has joined as a neighborhood member. Providing a full vary of economic instruments and providers to companies and people worldwide, Sq. leverages OSS to deploy best-in-class platforms, apps, and providers. By becoming a member of OIN, Sq. is demonstrating its dedication to patent non-aggression in OSS.

“As a world chief within the effort to democratize monetary providers, we’re happy that Sq. is dedicated to patent non-aggression in core Linux and adjoining open supply applied sciences,” mentioned Keith Bergelt, CEO of OIN.

“We acknowledge the worth in shared innovation, a elementary attribute of open supply communities. Along with becoming a member of OIN, Sq. is likely one of the founders of the Crypto Open Patent Alliance (COPA), a collaborative consortium by which members pledge to not use their crypto know-how patents, aside from defensive functions,” mentioned Max Sills, Counsel at Sq. and Basic Supervisor of COPA. “Our participation within the OIN neighborhood demonstrates our dedication to help collaborative know-how growth.”

OIN’s neighborhood practices patent non-aggression in core Linux and adjoining open supply applied sciences by cross-licensing Linux System patents to at least one one other on a royalty-free foundation. Patents owned by Open Invention Community are equally licensed royalty-free to any group that agrees to not assert its patents in opposition to the Linux System. The OIN license may be signed on-line at http://www.j-oin.net/.

About Sq., Inc.
Sq., Inc. (NYSE: SQ) builds instruments to empower companies and people to take part within the economic system. Sellers use Sq. to succeed in consumers on-line and in particular person, handle their enterprise, and entry financing. People use Money App to spend, ship, retailer, and make investments cash. And TIDAL is a world music and leisure platform that expands Sq.’s function of financial empowerment to artists. Sq., Inc. has places of work in the US, Canada, Japan, Australia, Eire, Spain, Norway, and the UK.

About Open Invention Community
Open Invention Community (OIN) is the biggest patent non-aggression neighborhood in historical past and helps freedom of motion in Linux as a key aspect of open supply software program (OSS). Patent non-aggression in core applied sciences is a cultural norm inside OSS, in order that the litmus check for genuine conduct within the OSS neighborhood consists of OIN membership. Funded by Google, IBM, NEC, Philips, Sony, SUSE, and Toyota, OIN has greater than 3,500 neighborhood members. The OIN patent license and member cross-licenses can be found royalty-free to any get together that joins the OIN neighborhood.

For extra info, go to http://www.openinventionnetwork.com.

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