US: IBM Leads Top Patent Assignees With Patents in AI and Blockchain

Tech giant IBM cemented its patent leadership in the United States, with over 9,000 received patents, including in artificial intelligence (AI) and blockchain, in 2019.

With the 9,626 patents secured, IBM became the company that received the most patents in the U.S.ever and the leader on the list for the 27th consecutive year,

Continue Reading …

China Continues to Streamline Its Blockchain Patent Application Process

The National Intellectual Property Administration (NIPA) in China continues to clarify the guidelines for blockchain patent applications, which are set to become effective as of Feb. 1.

At the end of December 2019, the NIPA announced the revised guidelines to patent applications for new emerging technologies such as blockchain, artificial intelligence, big data,

Continue Reading …

Factom Files Patent for Validating Documents on the Blockchain


Factom (FCT) has filed a new patent today with the U.S. Patent & Trademark Office that allows verification of documents on a blockchain with multiple digital signatures

The patent comes during a frenzy of blockchain patent applications from other incumbents, including IBM, Mastercard, and Walmart.

Auditing Digital Documents with Multi-Signatures

The patent claims the concept:

“Authentication of electronic document is based on multiple digital signatures incorporated into a blockchain.

Continue Reading …

Is Blockchain About to Become a Patent War Battleground?

Last week, news of at least three major players applying for blockchain-related patents emerged: Bank of America sought to legally protect its blockchain-based system allowing the external validation of data, Barclays filed two patent applications relating to the transfer of digital currency and blockchain data storage, while MasterCard’s application mentioned a form of a public blockchain-based method for linking assets between blockchain and fiat accounts.

Continue Reading …

Patent for GabroTech Blockchain Technology on Loyalty Rewards Solution


This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company,

Continue Reading …

Financial Exchange Patent Explores Tamper-Proof Blockchain Bidding

A state-backed financial asset exchange in China’s Chongqing city is turning to blockchain to make online auctions tamper-proof and transparent.

According to a patent application filed in December and revealed on Friday by the China State Intellectual Property Office, the Chongqing Financial Asset Exchange (CQFAE) is exploring how to create a system that allows multiple parties to bid for a financial asset over a distributed network.

Continue Reading …

Wells Fargo Files Patent for Tokenization System to Protect Sensitive Data

San-Francisco-based bank Wells Fargo has outlined a patent for a tokenization system that would protect data, according to a filing published by the U.S. Patent and Trademark Office (USPTO) July 17.

The newly published application details a system in which any type of data element — whether a document, graphic, or database value — could be located,

Continue Reading …