March 14, 2019, 7:38AM EDT
• 2 min read
Blockchain patent filings indicate that IBM, Walmart and Alibaba are currently the most active in R&D
- Half of the pending patents have been filed by only seven companies – IBM, nChain, Walmart, Intel, Alibaba, Mastercard and Bank of America
- Out of more than 1,000 reviewed patent applications, only about 10% have been granted
- South-Korean blockchain service provider Coinplug is leading the way with 26 granted patents
- IBM has applied for more than 100 blockchain-related patents in the last six months. Walmart and Alibaba have also been active.