IBM, Alibaba or Bank of America? Here’s Who Filed The Most Blockchain Patents

IBM, Alibaba or Bank of America? Here’s Who Filed The Most Blockchain Patents

DLT has become a cornerstone of a rivalry between prima tech and financial titans, IBM, Alibaba, and Bank of America. Two companies are fighting for the right to make it to the top of the blockchain-patent-filing list. 

As per the information, provided by iPR, the media which focuses on intellectual property, Alibaba is topping the ranking, whereas IBM is getting closer to it. 

Our top trading bots

Which Company is The Most Blockchain-Active Patent Applicant?

iPR reported on August 31 that it collected data regarding blockchain-related patents in China, the U.S., the EU, South Korea and Japan. 

This data has shown that China-headquartered Alibaba e-commerce giant has filed 90 DLT-related patent applications. In the meantime, IBM, the U.S.-based shipping company, has filed 89. 

Further on the list got placed MasterCard. As of writing it has made 80 applications for DLT-patents. Bank of America — that institution which barred users from buying cryptos with credit cards in early 2018 — filed 53. 

The latter is followed by People's Bank of China (PBoC), which can boast about 44 applications. All of them are related to its project of a cyber-coin emitted by a central bank.

So here’s how the list looks like:

  • Alibaba — 90 applications
  • IBM — 89 applications
  • MasterCard — 80 applications
  • Bank of America — 53 applications
  • People's Bank of China (PBoC) — 44 applications

China Is a Total Leader

Earlier WIPO showcased that China was the state which filed the most applications related to DLT developments in 2017. It had 255 applications for patents, while the U.S. had only 91 and Australia 13.

It is noteworthy that China’s struggles on the blockchain field are coming against the background of the hardline stance of China’s gov't. Last year September it banned ICOs and later shut down digital money trading venues. Recently, the pressure on cryptos in the country has intensified.

DJ David Guetta puts luxury Miami pad up for sale, will accept 38 Bitcoin for it
Renowned French DJ David Guetta has put his luxury apartment on Miami Beach up for sale and will accept payments in Bitcoin (BTC) and Ether (ETH). The three-bedroom...
Chinese search engines block results for top crypto exchanges
China’s stance toward decentralized cryptocurrency trading appears to be getting even tougher. Chinese journalist Colin Wu and crypto news site 8BTCNews...
Berkshire Hathaway invests $500M in Brazilian digital bank
Brazilian digital bank Nubank has raised $500 million from Berkshire Hathaway, a multinational holding company run by billionaire Warren Buffett.In an announcement...
GBTC premium stays negative, suggests Bitcoin price sentiment still low?
Bitcoin (BTC) is facing difficulty breaching the $40,000 mark again after briefly crossing it on May 26. The cryptocurrency is currently exchanging hands...
Miami mayor bought Bitcoin after Congress passed $1.9T stimulus bill
Francis Suarez, the crypto-friendly mayor of the city of Miami, may have further cemented his status as a cryptocurrency proponent.Appearing on the CNBC...
Analyst says reclaiming $37,500 is Bitcoin’s crucial ‘line in the sand’
Bitcoin (BTC) price continues to limp lower as traders in the U.S. hit the BBQ to enjoy the upcoming Memorial Day holiday on May 31 and regulated futures...
‘Unprecedented capital inflows into Bitcoin’ remove 12K BTC from Coinbase in an hour
Another day, another spike in Bitcoin (BTC) leaving major exchange Coinbase as funds pour into the largest cryptocurrency.Data from on-chain monitoring...
Ethereum breaks past $3,000 to quadruple in value in 2021
SINGAPORE (Reuters) -Cryptocurrency ether broke past $3,000 on Monday to set a new record high in a dazzling rally that has outshone the bigger bitcoin,...
Bitcoin on balance sheet attracts negative attention from anti-crypto banks
MicroStrategy’s continuous Bitcoin acquisition has drawn the ire of investment banking giant HSBC. Despite being one of the largest business intelligence...
Riot Blockchain stock plunges with Bitcoin as market correction deepens
Shares of Riot Blockchain (RIOT) and other cryptocurrency miners sold off sharply on Thursday, as Bitcoin’s (BTC) gravitational pull on the market continued...
Apple Taboos Crypto-Mining on its Users’ Devices
Apple doesn’t want its users to mine cryptos on their iPhones and iPads. The reason is that mining can negatively influence the device’s battery and lead...
Thomson Reuters Uses AI to Reveal People’s Fears Over BTC & Helps Investors
On March 12, the Canadian multinational information firm Thomson Reuters established what crypto investors have been dreaming of. And that’s a novel...
The Market Capitalization Of The Cryptocurrencies Has Again Fallen Below $400 Billion
The new week started for the market of cryptocurrencies on a negative trend - all without exception the assets of the first hundred of the Coinmarketcap...
Australian Brisbane Airport The First to Permit Crypto Payments
Very soon crypto enthusiasts will be able to spend their bitcoins and altcoins in the Australian Brisbane Airport, one of the primary air transportation...
Bitcoin’s Role on the DarkNet
The history of Bitcoin, despite the young age, is very rich in events and accidents – as well as any processes involving big money. This new technology,...