A study from the team at Kisspatent shows that Alibaba Group is the largest blockchain patent holder in 2020 capturing 10x the number of patents held by IBM. The report notes that blockchain patents “are skyrocketing” this year and so far in 2020, there’s been more distributed ledger technology and cryptocurrency patents published than all of 2019.
It seems distributed ledger technology and cryptocurrency solution patents are becoming a thing again in 2020. A few years ago various reports said that Bank of America (BoA) and the firm Nchain were gobbling up all the patents applied to digital assets and blockchain technology.
Times have changed in 2020, and both companies have slid down the ranks as far as top blockchain holders are concerned this year.
Kisspatent’s latest studyshows that Alibaba Group was the top company this year with successful blockchain patent filing and IBM jumped significantly. Alibaba Group is the top blockchain …