THELOGICALINDIAN - The cardinal of blockchain patents that IBM owns has surged by as abundant as 300 in a little beneath than a year With added above corporations accepting actively complex in the industry this goes on to appearance that the absorption in the acreage is steadily increasing
IBM Dominates Blockchain Patent Ownership
Multinational advice technology aggregation International Business Machines (IBM), is arch the blockchain apparent buying beyond the US, data shows.
Apparently, the aggregation owns about 108 blockchain-related patents, which marks an access of added than 300% compared to aftermost year. Other apparent names accommodate Bank of America with 53 patents, MasterCard with 43 patents, Intel with 35 patents, and so forth.
The bunch accretion behemothic afresh added to its assemblage a new appliance on March 5th. According to the documents appear with the United States Patent and Trademark Office, IBM now aims to ambition arrangement aegis application blockchain-based technology.
Per the application:
IBM’s Foray Into Blockchain Technology
To say that IBM is dispatch into the acreage of blockchain-based technology is an understatement. The aggregation has been spending abundant assets for absolutely some time now.
Last August, Bitcoinist reported that the aggregation is spending an estimated $160M on blockchain projects every year. In 2018, IBM was called by the Government of Australia as a axial technology accomplice for the accessible 5 years. The accord was account $740 actor and it covers technology casework which accommodate IBM’s blockchain technologies and automation solutions.
In March this year, the aggregation announced the barrage of its Blockchain World Wire in a ample alternative of altered markets.
IBM Blockchain World Wire represents a real-time all-around payments arrangement appointed for adapted cyberbanking institutions. It launched in 72 countries and it includes 44 cyberbanking endpoints and 47 currencies.
It’s Not Just IBM
As categorical above, MasterCard is additionally aerial up the chase for accepting blockchain-oriented patents.
One of the added absorbing applications that it had filed is for accretion the acceleration of cryptocurrency affairs based on the growing appeal for them.
But it’s not aloof banking and technology companies that seek aegis over bookish acreage rights associated with the blockchain industry.
Earlier in April, Nike Inc., one of the world’s arch and best accepted shoe manufacturers filed a cast and account application which seeks aegis over the “Cryptokicks” brand. Given that the document’s base for filing avalanche aural area 1B, this agency that it’s based on the company’s bona fide ambition to use the cast with bartering applications.
What do you anticipate of the growing appeal for blockchain-oriented patents? Don’t alternate to let us apperceive in the comments below!
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