Alibaba Has Largest Amount of Blockchain-Related Patent Applications

  • Alex Dovbnya
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    Alibaba and IBM are in the lead in their number of Blockchain patents with 90 and 89 apps. Mastercard (80) and Bank of America (53) are also striving not to lag behind


Alibaba Has Largest Amount of Blockchain-Related Patent Applications

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.  

Cover image via u.today
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About the author

Alex Dovbnya (aka AlexMorris) covers all things crypto — from major projects, which are fighting tooth and nail to gain the upper hand in the burgeoning industry, to the latest regulatory trends around the world. When he happens to take a break from crypto, Alex delves into cognitive linguistics (metaphors can be fun too!).

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