{"id":152887,"date":"2025-03-13T10:00:23","date_gmt":"2025-03-13T08:00:23","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=152887"},"modified":"2025-03-12T17:58:20","modified_gmt":"2025-03-12T15:58:20","slug":"company-sues-lvmh-over-alleged-nft-smartwatch-patent-infringement","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/company-sues-lvmh-over-alleged-nft-smartwatch-patent-infringement\/","title":{"rendered":"Company Sues LVMH Over Alleged NFT Smartwatch Patent Infringement"},"content":{"rendered":"<p>The legal action, filed on March 10 in a Texas federal court, claims that LVMH\u2019s use of NFT display technology in its products, particularly those from the TAG Heuer brand, violates multiple patents owned by Watch Skins.<\/p>\n<p>The company argues that it holds proprietary technology that allows verified NFT artworks to be displayed on smartwatches. It further alleges that LVMH has copied this technology without permission, infringing on three specific patents that cover methods of verifying NFT ownership and displaying these works on wearable devices.<\/p>\n<p>Watch Skins\u2019 technology ensures that only authentic NFTs, verified through a blockchain wallet, are shown on a smartwatch, adding a layer of security and authenticity for users.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/u-s-senator-warns-cbdcs-could-undermine-american-values-and-privacy\/\" title=\"U.S. Senator Warns CBDCs Could Undermine American Values and Privacy\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/cbdc-1-240x170.png\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">U.S. Senator Warns CBDCs Could Undermine American Values and Privacy<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>According to Watch Skins, the TAG Heuer smartwatches have been promoting this unauthorized feature, offering users instructions on how to display NFTs connected to their crypto wallets. The complaint stresses that this act not only infringes on their patents but also encourages customers to do so. In response, Watch Skins has requested compensation for lost profits and royalties, along with a court order to stop LVMH from using the disputed technology.<\/p>\n<p>The company, which unveiled its NFT-powered smartwatch face marketplace at CES 2020, has built a platform that allows consumers to purchase officially licensed, authentic watch faces from their favorite brands. Watch Skins\u2019 legal pursuit emphasizes the need to protect their innovations in the growing intersection of NFTs and wearable tech.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Watch Skins Corporation, a company that offers smartwatch faces as NFTs, has filed a lawsuit against LVMH, accusing the luxury conglomerate of patent infringement.<\/p>\n","protected":false},"author":3,"featured_media":152889,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22],"tags":[],"class_list":["post-152887","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Company Sues LVMH Over Alleged NFT Smartwatch Patent Infringement<\/title>\n<meta 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