TIV’s Dr. Mirjana Stankovic contributes to “FinTech: Law and Regulation,” by Elgar Financial Law and Practice

In 2019, Dr. Mirjana Stankovic, Vice President of Emerging Technologies and Intellectual Property at TIV, was invited by EBRD to write a chapter on the “Patentability of FinTech inventions” in the Elgar Financial Law and Practice Series’ new book “FinTech – Law and Regulation.” The chapter explored the growing questions and challenges surrounding the patentability of constituent technologies of the 4th Industrial Revolution such as: artificial intelligence (AI), data analytics, the Internet of Things (IoT) and distributed ledger technology. Accordingly, the chapter was guided by a major question, that of, “How to apply current law to these ever-changing concepts in a world of continual technological advancement?” In developing her response, Dr. Stankovic illustrated the current impacts of these burgeoning digital forces on the financial services sector and offered insight on potential approaches towards their associated legislation and regulation. The chapter closes with a case study on the patentability of blockchain, including analysis of current legislation and regulatory policies, in addition to addressing future concerns and challenges.