What is the use of blockchain patents (blockchain patent authorization ranking)

What is the use of blockchain patents (blockchain patent authorization ranking)

What is the use of blockchain patents? Blockchain technology can solve many intellectual property application problems. For example, registering trademarks on the Internet through smart contracts or other programs to achieve authorization contracts, but without using smart contracts, there is no legal effect and credibility; Using blockchain technology for patent authentication is also an innovative approach, which allows for the public release of these patent files through open source code and alliance chains; There are also databases such as blockchain data recording systems (Baas) and distributed ledger technologies. (Tencent Cloud Computing)

Blockchain Patent Authorization Ranking

According to Coindesk, the top three blockchain patent authorization rankings are currently: the United States (87.5%), South Korea (62.5%), and China (74.5%). China is the company with the most blockchain patents in the world. The top 10 companies are from the United States, accounting for 35.6% of all enterprises; In Japan, it is 34.8%. In addition, according to CoinMarketCap data, over $200 million in digital currency has been mined in the United States alone. In 2017, more than 10000 countries or regions in China issued their invention patent applications based on blockchain technology, while less than 10% of projects in China are currently under development.

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