Law360 (September 22, 2020, 5:56 PM EDT) — The number of patent applications involving blockchain filed in the first half of 2020 almost equals the total from all of 2019, with IBM and Chinese e-commerce giant Alibaba obtaining the most patents in this area, according to a new report from KISSPatent.
In a report released Thursday, the Netherlands-based startup consulting company said “blockchain patents are skyrocketing,” and that large companies are mainly behind the increase. New York-based IBM currently has the most patents involving the digital ledger system, but Alibaba is set to overtake it by the end of the year, the report said.
“Blockchain is here to stay…
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