A examine from the crew at Kisspatent exhibits that Alibaba Group is the biggest blockchain patent holder in 2020 capturing 10x the variety of patents held by IBM. The report notes that blockchain patents “are skyrocketing” this 12 months and to date in 2020, there’s been extra distributed ledger know-how and cryptocurrency patents revealed than all of 2019.
It appears distributed ledger know-how and cryptocurrency answer patents have gotten a factor once more in 2020. A number of years in the past varied experiences stated that Financial institution of America (BoA) and the agency Nchain had been gobbling up all of the patents utilized to digital belongings and blockchain know-how.
Instances have modified in 2020, and each corporations have slid down the ranks so far as prime blockchain holders are involved this 12 months.
Kisspatent’s latest study exhibits that Alibaba Group was the highest firm this 12 months with profitable blockchain patent submitting and IBM jumped considerably. Alibaba Group is the highest blockchain patent holder whereas the Chinese language multinational know-how firm is adopted by the monetary establishment BoA.
Whereas Alibaba and IBM had been the highest two blockchain patent submitting contenders in 2020, Alibaba outpaced IBM by 10x the variety of patents. Furthermore, this 12 months has already seen “three instances extra blockchain patents revealed than in 2018.”
Behind IBM, is Mastercard, Nchain, and Walmart respectively when it comes to blockchain patents held. The Kisspatent analysis famous that the record of prime blockchain patent holders was probably not represented by distributed ledger-specific corporations.
“Blockchain-only corporations usually are not submitting for patents, Fortune500 corporations are,” Kisspatent researcher Dr. D’vorah Graeser notes. Apparently, the agency Nchain, the notorious firm that the self-proclaimed Bitcoin inventor Craig Wright works for, is a “the one pure blockchain firm.”
Kisspatent highlights that Nchain’s claims are based mostly on numbers stated in a press launch, however “[the number] may embrace many who haven’t revealed but, plus they might be counting worldwide functions filed in a number of nations as separate patent utility filings,” Graeser says.
Graeser’s record appears incomplete because it doesn’t embrace corporations like Reechain, Webank, and Tencent. Chinadaily.com exhibits that these three Chinese language corporations are prime blockchain patent holders.
Based on the regional publication’s estimates, IBM has 240 blockchain patents, Rechain 279, Webank 282, and Nchain has 402 patents whole. Chinadaily.com’s record exhibits Tencent has a major variety of distributed ledger patents with 724 to-date. Alibaba Group continues to be king with a whopping 1,505 blockchain patent filings.
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Picture Credit: Shutterstock, Pixabay, Wiki Commons, Kisspatent
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