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Blockchain & Cryptocurrency

Alibaba is Responsible for 10% of the World’s Blockchain Patents

The Infinite Brief
Alibaba Group Holding alone filed more than 10 percent of all blockchain patents worldwide in 2017.

Research by Thomson Reuters shows that 56 percent of all 406 blockchain patents issued around the world in 2017 came from China, with the United States a distant second with 22 percent.

The Nikkei Asian Review reports that of the 406 blockchain patents issued in 2017, Alibaba alone filed 43, with other Chinese tech giants like Tencent and Baidu also dominating the list of blockchain patent owners.

Curated from CCN

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