Federal Circuit Affirms Invalidity of Blockchain Gemstone Tracking Patent Under Section 101
Briefly

The Federal Circuit affirmed the dismissal of a patent infringement lawsuit, holding that the asserted claims of Rady's US10469250 were ineligible under 35 U.S.C. § 101.
Rady's system records a gemstone's 'fingerprint' on a blockchain but does not improve blockchain functionality or describe how it improves blockchain.
BCG argued that the claims were directed to the abstract idea of collecting, processing, and storing data to track physical items without improving computer technology.
Read at Patently-O
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