US The Country With Most Blockchain-Related Patents, Alibaba Is The Leading Company
It outlined that US-based companies have been awarded the most substantial number of patents for blockchain endeavors, but the Chinese multinational giant Alibaba is the single entity to receive the most. The report from the China Patent Protection Association (CPPA) examined data from 2014 to the middle of 2020 regarding the number of blockchain patents awarded worldwide.
Nevertheless, the most populated nation has demonstrated the most significant increase of such patents in the past year, since President Xi Jinping said that the country should invest more in blockchain. The other two companies that have triple-digit numbers of blockchain patents, according to the report, are the US multinational giant IBM and the Chinese DLT company Coinplug.
