A examine from the workforce at Kisspatent exhibits that Alibaba Group is the most important 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 expertise and cryptocurrency patents revealed than all of 2019.
It appears distributed ledger expertise and cryptocurrency answer patents have gotten a factor once more in 2020. A couple of years in the past numerous reviews mentioned that Bank of America (BoA) and the agency Nchain had been gobbling up all of the patents utilized to digital belongings and blockchain expertise.
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 newest examine 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 expertise 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 “3 times more blockchain patents published than in 2018.”
Behind IBM, is Mastercard, Nchain, and Walmart respectively by way of blockchain patents held. The Kisspatent analysis famous that the checklist of prime blockchain patent holders was not likely represented by distributed ledger-specific companies.
“Blockchain-only companies are not filing for patents, Fortune500 companies are,” Kisspatent researcher Dr. D’vorah Graeser notes. Curiously, the agency Nchain, the notorious firm that the self-proclaimed Bitcoin inventor Craig Wright works for, is a “the only pure blockchain company.”
Kisspatent highlights that Nchain’s claims are based mostly on numbers mentioned in a press launch, however “[the number] could include many that haven’t published yet, plus they may be counting international applications filed in multiple countries as separate patent application filings,” Graeser says.
Graeser’s checklist appears incomplete because it doesn’t embrace companies like Reechain, Webank, and Tencent. Chinadaily.com exhibits that these three Chinese language companies 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 complete. Chinadaily.com’s checklist 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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