A patent is an exclusive right granted to an inventor in exchange for the disclosure of the invention, offered by a sovereign state or intergovernmental organization. A patent is a form of intellectual property and is granted only for some period of time. Patented technology is protected against it being duplicated for the commercial use of other entities other then its inventor. Being an important part of many businesses, technological and fintech patents are strongly protected. Still, there is room for further development. For example, blockchain patents can help with validating data about the invention and in proving the time of its establishment. Blockchain network for patents, alongside networks for storing other crucial data, such as health information or renting contracts, are an important field of study and are in the process of development.
But the company with the most patents isn’t even American.
The US is number one...in blockchain patents
Square is launching a consortium to pool patents and democratize access to innovative blockchain technologies.
Square launches cryptocurrency patent alliance to fight the trolls
Can blockchain help settle the mail-in voting debate?
US Rep. Darren Soto is excited about the recent USPS blockchain voting patent
Verisign, a publicly traded company providing domain name registry services, has been granted a blockchain-based patent.
Verisign Wins US Patent for Blockchain Powered Domain Names
Okamoto explains why his “electronic cash” patent may have presented obstacles to Hal Finney’s plans to make his own electronic currency.
Renowned Cryptographer Says His Patent Was an Obstacle for Hal Finney
Tencent has reportedly expanded its dominance in blockchain patents after filing for DLT-based fund management, advertising and media storage solutions.
Chinese Tech Giant Tencent Files New Slew of Blockchain Patents
Oscar-winning director shares conspiracy theory which claims Microsoft’s recent crypto mining patent is satanic.
Oscar-Winner’s Satanic Conspiracy Theory on COVID-19 and Crypto Goes Viral