Tencent has reportedly expanded its dominance in blockchain patents after filing for DLT-based fund management, advertising and media storage solutions.
The filing details a way for fiat currencies, like the U.S. dollar, to be turned into a central bank digital currency.
Oscar-winning director shares conspiracy theory which claims Microsoft’s recent crypto mining patent is satanic.
The e-commerce giant has patented a blockchain-based means of vetting the originality of songs.
Blockstack, the startup building a decentralized backbone for Web 3.0, is open-sourcing its two patents – kinda.
Chinese tech giants Tencent and Alibaba filed the most blockchain patents in 2019. Together, they accounted for over 20% of the total.
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Microsoft, Mastercard and Nokia are among 35 multinational companies that filed 212 blockchain patents in China as of the end of March 2020
- Over 5,800 blockchain patents were filed in 2019 according to data from Google Patents
- Leading the charge are Chinese-based firms
- Of these filings, only 3% of them were granted in the same year.
General Motors patents a blockchain to update navigation maps