KCN: CONFUSION BETWEEN HIVE BLOCKCHAIN TECHNOLOGIES LTD AND HIVE BLOCKCHAIN (STEEM FORK)

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Mining company HIVE Blockchain Technologies Ltd. is sending a request to stop using the Hive and Hive Blockchain names for its new hard fork of the Steem blockchain. According to CISION: “In response to multiple shareholder inquiries understandably confused by this Blockchain’s announcement, HIVE clarifies that it has no association with this Blockchain. HIVE believes this Blockchain’s use of “Hive” and “Hive Blockchain” is, intentionally or otherwise, confusing with the Company’s brand, which it has used globally over the Internet in relation to its connection with blockchain related goods and services including cryptocurrency. This Blockchain’s use of the same brand in connection with similar goods and services also passes off on the goodwill that HIVE has developed”. Stay with us!

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