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Multinational companies apply for 212 blockchain-related patents in China

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2019 Worldwide Blockchain Convention Photograph: Courtesy of Chinese language Institute of Electronics

A complete of 35 international corporations together with Microsoft, Oracle, Mastercard, Sony, Intel and Walmart have utilized for 212 blockchain-related patents in China as of the top of March 2020, the International Instances have discovered.

New York-based Mastercard utilized for 46 blockchain-related patents, the very best quantity amongst all international corporations. Most of its patents are centered on fee strategies, fee software program and fee safety. The corporate started submitting functions in 2017.

Nokia has utilized for 13 patents, Intel 12 and Oracle 9, principally centered on underlying blockchain know-how. Some have stated the explanation behind the tech firm functions is for technological accumulation.

However nearly not one of the 35 international corporations have launched blockchain-related companies in China, the International Instances has discovered.

COPYRIGHT_BP: Published on https://bingepost.com/multinational-companies-apply-for-212-blockchain-related-patents-in-china/92522/ by Hilda Workman on 2020-04-10T15:06:33.000Z

US tech corporations together with IBM, Google, Fb and Amazon, regardless of their intensifying strikes within the abroad blockchain trade, haven’t utilized for blockchain patents in China.

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About The Authors

Hilda Workman

Hilda Workman - Hilda Workman is a licensed financial advisor with years of expertise in the industry. She has assisted a range of clients, from sole proprietors to large corporations, in reaching their financial objectives. She is informed about many different financial subjects, including tax preparation, investment planning and also in fashion. She believes that the best things are those that are imperfect.

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