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Alibaba Has Largest Amount of Blockchain-Related Patent Applications

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Mon, 3/09/2018 - 19:14
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Alibaba Has Largest Amount of Blockchain-Related Patent Applications
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Businesses around the globe are overwhelmingly recognizing the potential of Blockchain. According to a new study, Alibaba and IBM are in the lead in their number of Blockchain patents with 90 and 89 applications respectively.

Mastercard (80) and Bank of America (53) are also striving not to lag behind their competitors as Blockchain adoption grows despite the bearish market sentiment. Back in February, Bank of America was the leader among top ten patent filing companies.

People's Bank of China occupies the fifth place with 44 applications.  

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Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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