For all the discussion about blockchain, the distributed ledger that is the foundation for fast, decentralized transactions, relatively few patents have been issued. Only about
The abundant promise of blockchain has yet to be realized. To many in IP, finance and tech, it is just beginning to come into sight.
More than half of U.S. blockchain patents are owned by blockchain-specific developers, while 20% are owned by financial institutions, led by Bank of America (see pie
1,240 blockchain patent applications were filed worldwide in 2017, up from 594 in 2016 and 258 in 2015. Among the leading filers were Bank of
While China is no fan of bitcoin mining – it has moved to close mining operations – it is actively pursuing block chain patents, and
Bank of America was granted last week a patent on a “cryptocurrency transformation system” that comprises a platform to manage exchange rates between various currencies, transfer requests,
An uptick in recent blockchain patent publications may be an indication that the technology is quietly picking up steam, with competing big banks and tech
Consulting giant Accenture has rattled the cage of the fintech community by filing a patent for an “editable” blockchain that would allow a central administrator
The race is on to gain control of a new technology that has the power to reinvent banking and make transactions and other agreements between parties
This week IPwe, the company headed by former patent litigation king Erich Spangenberg, acquired ClearAccess IP, a venture-backed, Palo Alto-based IP analytics company associated through
London IP Week (LIPW), described as a three-day interactive IP summit, will consist of a series of social events and two full-day conferences with discussions
FinTech, blockchain, cybercrime – intellectual property for the financial services industry today requires a balance of emerging technologies and rights, including patents and trade secrets.