Bitcoin Patent News

- The Premium Provider of Patent News for Bitcoin and Blockchain Technology

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Three brand new patent reports

The Bitcoin Patent Report offers three brand new patent reports

– The Worldwide Patent Report on Bitcoin and Blockchain Technology
– FULL PREMIUM PACK – A Unique Opportunity to obtain the Full Patent Database with almost 2000 Patents and Patent Applications.
– The Comprehensive US Patent Report

For full list of content, please visit our reports page or click the “read more” link for full news post.

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The Truth about the Patent Portfolio of Dr. Craig Wright of NChain

Satoshi or not, Dr. Craig S. Wright has made an impression with all in the cryptocurrency and Blockchain domain, and it appears that he is now indeed the largest filer of patent applications related to the Blockchain technology.

Dr. Craig S. Wright is the main representative of an unprecedented effort and investment to build a huge patent portfolio in the domain of Blockchain tech, through a web of different companies such as EITC Holdings, NChain Holdings, NCIP Holdings, and NTrust, which when counted all together takes the top spot without a doubt.

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Brooklyn, NY.
Brooklyn, NY.

Prepare for Patent War on the Blockchain Technology

Prepare for patent war says Anton Corbin, Editor-in-chief at The Bitcoin Patent Report. The surge in price of Bitcoin, has brought a lot of attention to the underlying Blockchain and Distributed Ledger technology. With more than 2000 patents and patent applications regarding Bitcoin and Blockchain Technology, a patent war is coming, likely to be led by some of the major banks and other corporations, as well as patent trolls that see a great opportunity to make a play for Blockchain Intellectual Property (IP).

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The top 10 patent list

The top 10 list of companies with patent filings reveals some interesting names, such as BANK OF AMERICA as the top player, as well as COINPLUG, ALIBABA, IBM and MASTERCARD and other players.

TOP 10 LIST

1 BANK OF AMERICA 45
2 EITC HOLDINGS 42
3 COINPLUG 39
4 ALIBABA 36
5 IBM 34
6 NCHAIN HOLDINGS 33
7 BUBI TECHNOLOGY 30
8 MASTERCARD INTERNATIONAL 21
9 HANGZHOU FUZAMEI TECHNOLOGY 19
10 HANGZHOU YUNPHANT NETWORK TECHNOLOGY 18

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Negative Space
Negative Space

IBM is granted US Patent 9,824,031

IBM is granted US Patent 9,824,031 on November 21, 2017 for Efficient clearinghouse transactions with trusted and un-trusted entities

Interestingly, this invention by IBM was made with government support under a contract awarded by the Army Research Office (ARO), and it is declared that the government has certain rights to this invention.

In short, the patent relates to the reduction of the number of transactions required for settlement between a group of trusted and un-trusted parties and, in some aspects the number of transactions that require the use of a clearinghouse.

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