Top Holders Of Blockchain Patents – Patent


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As we noted in our post last year on the state of blockchain
patent litigation, thousands of blockchain-related patent
applications are being filed in the U.S. Patent and Trademark
Office. Continuing our analysis of the evolving landscape, we now
look at who is filing these patent applications. A search for the
top applicants for U.S. patents from the start of 2021 to today
submitting applications on either “blockchain” or
“distributed ledger” technology yielded an interesting
view of the companies that were aggressively seeking patent
protection on blockchain technologies.

The top filing companies in the last year operate in a variety
of industries and geographic locations, most notably the financial
and technology sectors. Recently, IBM has taken the lead as the
single entity filing the most blockchain-related patent
applications in the last year.
























Applicant1

No. of Applications

Jurisdiction

1. IBM

345

U.S.

2. Beijing Baidu Netcom Sci & Tech Co. Ltd.

266

China

3. Advanced New Technologies Co. Ltd.

259

Cayman Islands

4. Alipay (Hangzhou) Inf. Tech. Co. Ltd.

168

China

5. Pure Storage, Inc.

161

U.S.

6. Toyota Motor North America, Inc.

123

U.S. subsidiary

7. Nchain Holdings Ltd.

97

Switzerland

8. Bank of America

78

U.S.

9. Capital One Services LLC

70

U.S.

10. State Farm Mutual Automobile Insurance Co.

68

U.S.

However, this lead is a bit deceiving because, of the top
individual entities filing applications in this period, Advanced
New Technologies and Alipay are both tied to China’s Ant Group
Co., Ltd., which itself is an affiliate of Alibaba Group Holding
Limited. Counting these together establishes the Alibaba Group as
being far and away the most active filer.

When instead looking at the top owners for issued patents, four
companies in the top 10 also tie back to Alibaba Group Holding Ltd.
In fact, the top three companies, all with ties to Alibaba, hold
more patents than the next largest holder, IBM, by a significant
margin. In issued patents, IBM comes in fourth, with several other
U.S. financial and technologies companies rounding out the top
10.
























Owner2

No. of Patents

Jurisdiction

1. Advanced New Technologies Co. Ltd.

856

Cayman Islands

2. Alibaba Group Holding Limited

776

China

3. Advantageous New Technologies Co., Ltd.

771

Cayman Islands

4. IBM

399

U.S.

5. Bank of America Corporation

96

U.S.

6. Pure Storage, Inc.

90

U.S.

7. Alipay (Hangzhou) Information Technology Co., Ltd.

90

China

8. Microsoft Technology Licensing LLC

76

U.S.

9. Wells Fargo Bank N.A.

71

U.S.

10. Strong Force Lot Portfolio 2016 LLC

66

U.S.

We can ascertain from this data that some in the financial and
technology sectors are investing large amounts to obtain patents on
blockchain-related technologies. Of these, the Alibaba Group and
its related entities appear to be the most prolific in the space.
This comes with the continued groundswell of investment in
blockchain technology to tackle a host of different problems. While
U.S. based companies have made large investments in filing for
patents, there has been more applications coming from international
entities, with the most originating from Chinese companies. The
substantial investment in U.S. blockchain patents by Alibaba and
other Chinese companies could mean an intent to move more
aggressively into blockchain businesses in the U.S., as U.S.
patents are only enforceable within the United States.

Footnotes

1. Information found at:
https://www.lens.org/lens/search/patent/analysis?q=blockchain%20OR%20%22distributed%20ledger%22&p=0&n=10&s=_score&d=%2B&f=false&e=false&l=en&authorField=author&

dateFilterField=publishedDate&orderBy=%2B_score&presentation=false&preview=true&stemmed=true&useAuthorId=false&types.

must=PATENT_APPLICATION&j.must=US&publishedDate.from=2021-01-01&publishedDate.to=2022-07-01

2. Information found at:
https://www.lens.org/lens/search/patent/analysis?q=blockchain%20OR%20%22distributed%20ledger%22&p=0&n=10&s=_score&d=%2B&f=false&e=false&l=en&authorField=author&

dateFilterField=publishedDate&orderBy=%2B_score&presentation=false&preview=true&stemmed=true&useAuthorId=false&types.

must=GRANTED_PATENT&j.must=US&publishedDate.from=2021-01-01&publishedDate.to=2022-07-01

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