China Unlimited

[Rawlens]

China Focused on Blockchain Innovations as Patent Filings Surge – China is keen on exploring and exploiting blockchain technology innovations. The country leads the pack when it comes to patent fillings around the emerging technology. Most of the patent filings have come from some of the country’s big tech companies that are looking to enhance their products, service delivery, and efficiencies. Alibaba, for instance, has filed more than 10% of the patents, detailing new applications for enhancing its e-commerce and cloud businesses. Tencent and Baidu are other tech giants that are leading the onslaught around the emerging technology. That said, China now accounts for 56% of the total blockchain patents made. The U.S. comes a distant second at 22%. Read more: https://marketexclusive.com/china-focused-on-blockchain-innovations-as-patent-fillings-surge/2018/09/