Hive, which is essentially a carbon copy of Steem and Steemit that recently launched, is being sued by the Canadian crypto mining company HIVE Blockchain Technologies for copyright infringement. Specifically, HIVE Blockchain Technologies has requested that Hive cease and desist from using their name.
As explained in a previous article on Crypto.IQ, there was a back and forth fight between the Steemit community and the Tron Foundation and Steemit Inc., after the Tron Foundation purchased Steemit Inc. Ultimately the Steemit community decided to hard fork and start their own blockchain called Hive in order to escape Steemit Inc. and the Tron Foundation.
Unfortunately, Hive didn’t do thorough research when selecting its name apparently, since HIVE Blockchain Technologies has been around for years, and they are a serious crypto mining firm.
Apparently the launch of Hive is confusing HIVE Blockchain Technologies stakeholders, and also obfuscating their brand, so the concerns of HIVE Blockchain Technologies regarding Hive seem quite legitimate.
Now Hive will have to change its name or face a serious lawsuit. In order for Hive to change its name its delegates will have to come to a consensus, so this is not a straightforward issue, and it remains to be seen what will happen.