Chinese language holding conglomerate Ping An Group filed the biggest variety of blockchain-related patents in 2020, in line with a brand new report.
Mental property-focused journal Mental Asset Administration has released a report on the rankings of the world’s foremost blockchain patentees. Based mostly on knowledge from the Derwent World Patents Index, the rankings present that Ping An filed 1,215 blockchain patent households final yr, greater than Tencent and Ant Group mixed.
Proudly owning a complete of 1,749 blockchain patent households, Ping An sharply elevated its variety of patent functions final yr, up from simply 291 in 2019. Based mostly in Shenzhen, Ping An operates a monetary and insurance coverage conglomerate, offering a variety of companies together with banking, asset administration and trusts. The corporate has been cementing its presence within the business, with Ping An Financial institution setting up a blockchain-focused boutique in 2018.
Ping An has overtaken Tencent by the whole variety of traditionally filed patent households, with Tencent having a complete 1,666 patent household functions. Ant Group, which filed 586 patents final yr, stays the largest blockchain patentee with a complete of two,298.
World tech large IBM is the one American firm talked about within the report, ranked fourth with a complete of 647 blockchain patents as of 2019. Regardless of Chinese language corporations main the world within the variety of patents, IBM’s blockchain patents have the very best quotation fee within the business. The corporate additionally owns a few of the earliest mental rights within the blockchain area, the report notes.
In response to the report, the variety of annual world blockchain patent functions has been steadily reducing over the previous three years, dropping from 12,300 in 2018 to 11,299 in 2019. In 2020, a complete of 9,415 blockchain-related patent households had been filed, the information says.