Global Blockchain Patent Status: Who Owns the Most Blockchain Patents?

According to reports, according to the Global Blockchain Patent Status Research Report released by the On Chain Industry Blockchain Research Institute, from January 1, 2009 to December 31, 2022, there were 37595 patent authorizations in the global blockchain field, of which 22457 were granted in China, accounting for 59.7%; 8950 US patent authorizations, accounting for 23.8%; 1339 Japanese patent authorizations, accounting for 3.6%; 976 South Korean patent authorizations, accounting for 2.6%; 604 German patent authorizations, accounting for 1.6%; The number of patent authorizations in Australia is 453, accounting for 1.2%; Singapore has a patent authorization volume of 424, accounting for 1.1%, while other countries have a patent authorization volume of less than 1%.

Report: 37595 global blockchain patent authorizations, with China accounting for 59.7%

As blockchain technology continues to gain popularity, businesses and innovators around the world have been filing for blockchain patents at an unprecedented rate. According to a new report by the On Chain Industry Blockchain Research Institute, the total number of blockchain patent authorizations around the world from January 1, 2009, to December 31, 2022, has reached a staggering 37,595.

The Global Distribution of Blockchain Patents

Of these, it turns out that most of the patents are being owned by Chinese entities, as 22,457 patent authorizations, representing 59.7% of the total, were granted to China. The US comes second with 8,950 patent authorizations or 23.8% of the total. Japan, South Korea, Germany, and Singapore are also a part of the list.

Top Countries with Blockchain Patents

– China: 22,457 (59.7%)
– United States: 8,950 (23.8%)
– Japan: 1,339 (3.6%)
– South Korea: 976 (2.6%)
– Germany: 604 (1.6%)
– Australia: 453 (1.2%)
– Singapore: 424 (1.1%)
It is important to note that there are other countries where the patent authorization volume is less than 1%.

What do these numbers tell us?

These numbers clearly show that China, by far, owns the most number of blockchain patents in the world. It is followed by the United States, which has a significantly lower number of authorizations than China. This is indicative of China’s strong blockchain ecosystem and its focus on blockchain technology. Japan, South Korea, and Germany have also been able to secure a considerable number of blockchain patents.
However, these numbers shouldn’t be taken as a measure of each country’s actual blockchain advancements. Having more patents granted doesn’t necessarily mean that the country is making the most significant strides in blockchain technology. Patents are a measure of innovation, but they don’t necessarily reflect the pace of development in the technology.

Conclusion

With China owning the majority of blockchain patents in the world and the US coming in second, it’s clear that these two countries are the frontrunners in the blockchain race. However, it’s important to keep in mind that these numbers don’t necessarily reflect a country’s actual advancements in the field. The true indicator of blockchain progress lies in the development of real-world use cases and applications of blockchain technology.

FAQs

1. What does it mean to have a blockchain patent?
A: Having a blockchain patent means that an individual or entity has an exclusive legal right to a certain blockchain technology or application for a specified period.
2. Should patent numbers be the only measure of innovation in blockchain?
A: No, having more patents granted doesn’t necessarily mean that a country is making the most significant strides in blockchain technology. Patents are a measure of innovation, but they don’t necessarily reflect the pace of development in the technology.
3. What impact do blockchain patents have on the industry?
A: Blockchain patents can either encourage or discourage innovation in the field. Depending on the way they are granted and enforced, they can help or hinder the growth and development of the technology.