Chinese holding firm Ping An overtakes Tencent in blockchain patents race

Extracto:Despite Chinese companies leading the world in the number of patents, IBM’s blockchain patents have the highest citation rate in the industry

Source: Intellectual Asset Management

Global tech giant IBM is the only American company mentioned in the report, ranked fourth with a total of 647 blockchain patents as of 2019. Despite Chinese companies leading the world in the number of patents, IBMs blockchain patents have the highest citation rate in the industry. The company also owns some of the earliest intellectual rights in the blockchain space, the report notes.

Source: Intellectual Asset Management

According to the report, the number of annual global blockchain patent applications has been steadily decreasing over the past three years, dropping from 12,300 in 2018 to 11,299 in 2019. In 2020, a total of 9,415 blockchain-related patent families were filed, the data says.

  • #Blockchain
  • #Patents
  • #China
  • #Banking
  • #Technology
  • #IBM
  • #Finance
  • #Alibaba
  • #Insurance
  • #Tencent

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