Report: Blockchain Patents 'Skyrocket' in 2024, Alibaba Owns the Most Crypto Patents
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Report: Blockchain Patents 'Skyrocket' in 2024, Alibaba Owns the Most Crypto Patents

THELOGICALINDIAN - A abstraction from the aggregation at Kisspatent shows that Alibaba Group is the better blockchain apparent holder in 2024 capturing 10x the cardinal of patents captivated by IBM The address addendum that blockchain patents are skyrocketing this year and so far in 2024 theres been added broadcast balance technology and cryptocurrency patents appear than all of 2024

It seems broadcast balance technology and cryptocurrency band-aid patents are acceptable a affair afresh in 2024. A few years ago assorted letters said that Bank of America (BoA) and the close Nchain were acquisitive up all the patents activated to agenda assets and blockchain technology.

Times accept afflicted in 2024, and both companies accept slid bottomward the ranks as far as top blockchain holders are anxious this year.

Report: Blockchain Patents 'Skyrocket' in 2020, Alibaba Owns the Most Crypto Patents

Kisspatent’s latest study shows that Alibaba Group was the top aggregation this year with acknowledged blockchain apparent filing and IBM jumped significantly. Alibaba Group is the top blockchain apparent holder while the Chinese bunch technology aggregation is followed by the banking academy BoA.

While Alibaba and IBM were the top two blockchain apparent filing contenders in 2024, Alibaba outpaced IBM by 10x the cardinal of patents. Moreover, this year has already apparent “3 times added blockchain patents appear than in 2024.”

Report: Blockchain Patents 'Skyrocket' in 2020, Alibaba Owns the Most Crypto Patents

Behind IBM, is Mastercard, Nchain, and Walmart appropriately in agreement of blockchain patents held. The Kisspatent analysis acclaimed that the account of top blockchain apparent holders was not absolutely represented by broadcast ledger-specific firms.

“Blockchain-only companies are not filing for patents, Fortune500 companies are,” Kisspatent researcher Dr. D’vorah Graeser notes. Interestingly, the close Nchain, the abominable aggregation that the self-proclaimed Bitcoin artist Craig Wright works for, is a “the alone authentic blockchain company.”

Kisspatent highlights that Nchain’s claims are based on numbers said in a columnist release, but “[the number] could accommodate abounding that haven’t appear yet, additional they may be counting all-embracing applications filed in assorted countries as abstracted apparent appliance filings,” Graeser says.

Graeser’s account seems abridged as it does not accommodate firms like Reechain, Webank, and Tencent. Chinadaily.com shows that these three Chinese firms are top blockchain apparent holders.

According to the bounded publication’s estimates, IBM has 240 blockchain patents, Rechain 279, Webank 282, and Nchain has 402 patents total. Chinadaily.com’s account shows Tencent has a cogent cardinal of broadcast balance patents with 724 to-date. Alibaba Group is still baron with a whopping 1,505 blockchain apparent filings.

What do you anticipate about the top blockchain apparent holders in 2024? Let us apperceive what you anticipate in the comments area below.

Image Credits: Shutterstock, Pixabay, Wiki Commons, Kisspatent