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

Quick Take

  • 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.

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