Bitcoin 

South Korea Has the Highest Rate of Granted Blockchain Patents

South Korea has the highest blockchain patent grant rate, according to London-based law firm Withers & Rogers. Meanwhile, Japan comes at a distant second, Intellectual property business media platform IAM reports on July 23. Getting a blockchain patent in China takes a while Per the report, South Korea has the highest patent grant rate (54%), followed by Japan (17%), and the United States (16%), with China significantly lagging behind. The outlet suggests that a reason for this substantial disparity between China and the rest of the world is that a…

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Blockchain 

IBM Triples Number of Blockchain Patents in US Since Last Year

Tech giant IBM has tripled the number of blockchain patents secured in the United States since last year, currently boasting over 100 active patent families. That makes IBM’s growth in US patents the largest of last, according to a report by BeinCrypto on July 16. According to data gathered by Yuval Halevi, co-founder of crypto and blockchain PR company GuerillaBuzz, IBM’s number of active patent families dwarfs other notable corporations. This includes some primary tech companies, such as Intel, Microsoft, and Dell Technologies: “In just 1 year the number of…

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Ethereum 

South Korea’s Biggest Credit Card Patents Blockchain Payments System

South Korea’s leading credit card firm Shinhan Card has been granted a patent for a blockchain payments system, English-language local media The Korea Times reports on July 15. Per the report, with the newly patented technology the company has established a blockchain-powered credit transaction process allowing for setting spending limits, paying in monthly installments and carrying out payments. The outlet quotes an anonymous Shinhan Card official commenting on the development: “Services using those key functions of credit cards will be extended to the blockchain-based system, a notable advancement from the…

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Blockchain 

Chinese E-Commerce Giant JD.com Has Applied for Over 200 Blockchain Patents

Chinese e-commerce giant JD.com has applied for over 200 blockchain patents, according to a report by Securities Daily News on May 20. The report also notes that major e-commerce competitor Alibaba has applied for 262 blockchain patents, and Chinese internet titans Tencent and Baidu have applied for 80 and 50 such patents, respectively, as recorded by the Intellectual Property Center of China Information and Communication. According to interpretation of the data provided by Intellectual Property Center of China Information and Communication, JD.com was in first place for “global blockchain patent…

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Blockchain 

Global Consulting Company Accenture Patents Two Solutions for Blockchain Interoperability

Global consulting company Accenture has patented two solutions focused on blockchain interoperability, according to the data published by the United States Patent and Trademark Office (USPTO) on April 2. The first patent, filed August 2018, patents a method for cryptologic blockchain interoperability. As described in the technical section of the patent, participants can share the token data stored on a distributed ledger (DLT) network by using a digital signature within the solution. The document also mentions the ability to send a multi-signature certification message to a recipient who solicits information.…

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Blockchain 

IBM Patents Blockchain Implementation to Manage Data For Autonomous Vehicles

Multinational computing giant IBM is adding to its arsenal of blockchain patents with a new implementation to manage data and interactions for self-driving vehicles (SDVs). The patent was published by the United States Patent and Trademark Office on April 2. IBM — which has, according to the documents, previously filed extensive patents for various inventions related to autonomous cars — outlines that a blockchain system could effectively enhance SDV configurations by allowing for robust privacy and information validation. The context for prospective blockchain implementation would be a system wherein an…

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Blockchain 

Mainstream Media Corp. Thomson Reuters Patents Blockchain System for Identity Management

Mainstream media corporation Thomson Reuters was awarded a patent for a blockchain-based identity management system, documents from the U.S. Patent and Trademark Office released on April 2 reveal. The patent, originally filed on Dec. 22, 2015, describes a system providing identity services capable of receiving an identity from an identity provider system alongside validated identity data, and then storing it on a blockchain in an identity token. Moreover, the patent also describes variations of this procedure wherein the transaction uses a smart contract, the identity data is hashed, or the…

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Blockchain 

Craig Wright Filed 114 Blockchain-Related Patents Since 2017

Craig Wright, an Australian computer scientist who has sometimes claimed to be Bitcoin (BTC) creator Satoshi Nakamoto, has reportedly applied for a slew of blockchain-related patents since 2017. Tech news site The Next Web (TNW) published its research regarding Wright’s patent filings on March 18. TNW reports that, since August 2017, the World Intellectual Property Organization (WIPO) has published 155 patent applications filed by Wright. As with the United States Patent and Trademark Office, the WIPO publishes patent applications to notify the public that there is a potential new technology…

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Cryptocurrency 

Crypto News | OKEx Lists TRON and IBM Adds Two Blockchain Patents

In today’s edition of crypto news, we’ll cover OKEX’s latest addition to its customer-to-customer platform and IBM’s new blockchain patents. Crypto news has been a bit slow this week, in regards to big announcements but the two we’ll discuss today should give investors some confidence going into the weekend. OKEx Adds TRON (TRX) to C2C Platform OKEx, the world’s fourth-largest cryptocurrency exchange by 24-hour trade volume, announced the addition of TRON (TRX) to its Customer-to-Customer platform on Wednesday. Tron (TRX) is now available on our C2C market! Deposit/Trade in our C2C market…

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Blockchain 

IBM Reveals Two Further Blockchain Patents for Security And Database Management

Multinational computing giant IBM is adding to its stack of blockchain patents with two new applications, the United States Patent and Trademark Office confirmed, publishing documents on March 5. According to one patent document, IBM now seeks to target network security using blockchain technology. A second patent focuses on database management using the tech. “Securing a data log using monitor security protocols may be accomplished with different levels of security, ranging from low security to high security, and have various combinations of hardware and software configurations,” the description of the…

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