Patent information can provide insights regarding the state of the art of the Blockchain technology innovation. Patents regarding the Blockchain technology innovation that specifically describe the major Blockchain technologies are a good indicator of the Blockchain innovations in a specific innovation entity.
To find Blockchain technology innovation leadership for the US market, patents in the USPTO database are searched using relevant Blockchain keywords. Total of nearly 5,000 published patent applications regarding Blockchain technology innovation are identified as of 4Q 2019.
IBM is the leader in Blockchain patent application followed by Alibaba, Walmart, Bank Of America, Mastercard, American Express, Intel, Microsoft, Accenture, nChain Holdings, Coinplug, NEC, Apple, Fmr LLC, Pure Storage, JPMorgan Chase Bank, Cognitive Scale, SAP, Cisco, and PayPal.
It is interesting to find innovation leadership of Alibaba (E-commerce giant), Wal-Mart (a retail giant) and Intel (a semiconductor chip manufacturing leader) in Blockchain technology innovation.
Patent application activity chart shows a dramatic increase in technology innovation within four years.
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