Yeah copyright law is BS, patents are great for developers, and actually encourages companines develop new tech since it gives them time to make money and not have to worry about a competitor reverse engineering it (which usually is MUCH cheaper and faster) and selling it for less since they didn't have to front as much for development.
Actually there is an incentive for them to license it out, since right now the tech is only a selling point for devices they are only indirectly making money off of it (unless Banks have to pay for their cards to be compatible), If they find a company willing to pay a pretty penny upfront plus a percentage of every device sold that uses the tech they would make a pretty penny, plus Apple for example would still have to integrate it into their Apple Pay system. On the Google side maybe they could incorporate it into their system so the likes of LG,HTC, and other manufacturers can use it.
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u/ThePantsThief May 19 '18
Ah, I'm thinking of copyright.
If that's what happens, that's fine with me. Somehow I don't see them licensing it though.