Global Blockchain Patent Status Research Report: A Closer Look

According to reports, according to the Global Blockchain Patent Status Research Report released by the On Chain Industry Blockchain Research Institute, from Jan

Global Blockchain Patent Status Research Report: A Closer Look

According to reports, according to the Global Blockchain Patent Status Research Report released by the On Chain Industry Blockchain Research Institute, from January 1, 2009 to December 31, 2022, there were 37595 patent authorizations in the global blockchain field, of which 22457 were granted in China, accounting for 59.7%; 8950 US patent authorizations, accounting for 23.8%; 1339 Japanese patent authorizations, accounting for 3.6%; 976 South Korean patent authorizations, accounting for 2.6%; 604 German patent authorizations, accounting for 1.6%; The number of patent authorizations in Australia is 453, accounting for 1.2%; Singapore has a patent authorization volume of 424, accounting for 1.1%, while other countries have a patent authorization volume of less than 1%.

Report: 37595 global blockchain patent authorizations, with China accounting for 59.7%

Introduction

Blockchain technology has revolutionized various fields, including finance, supply chain management, and healthcare, among others. As a result, the number of blockchain-related patent authorizations has been on the rise globally since its inception. According to the latest Global Blockchain Patent Status Research Report released by the On Chain Industry Blockchain Research Institute, from January 1, 2009, to December 31, 2022, there were 37595 patent authorizations in the global blockchain field.

Patent Authorizations by Country

Out of the total patent authorizations, China led the pack with 22457, accounting for 59.7% of the total. The US followed closely with 8950 patent authorizations, accounting for 23.8% of the total. Japan had 1339 patent authorizations, accounting for 3.6% of the total, while South Korea had 976, accounting for 2.6% of the total. Germany had 604 patent authorizations, accounting for 1.6% of the total. Australia followed suit, with a total of 453 patent authorizations, accounting for 1.2% of the total, while Singapore had 424 patent authorizations, accounting for 1.1% of the total. Other countries had patent authorizations of less than 1% of the total.

Blockchain Patent Landscape

With the increasing demand for blockchain technology globally, patent authorizations have become a source of competition among countries. In recent years, China has taken the lead in blockchain research and development, resulting in a significant increase in blockchain patent authorizations. The country’s government has actively supported blockchain technology, leading to significant research and development breakthroughs in the field.
The US, on the other hand, has a well-established patent system, and its institutions have been at the forefront of blockchain development for years. However, the speed of blockchain adoption has been slower in the US than China, giving the latter an advantage in terms of patent authorizations. Nevertheless, the US remains a significant player in blockchain technology, with many of its companies and institutions investing heavily in research and development.
Japan is also an emerging player in blockchain technology, with the government actively pursuing blockchain development. The country’s patent authorizations demonstrate its commitment to the technology and its pursuit of global leadership in the field.

Conclusion

The global blockchain patent landscape is undoubtedly on the rise, with China taking the lead in the number of patent authorizations. However, other countries such as the US, Japan, and South Korea are emerging players in the field and are not to be ignored. These countries’ governments have actively supported blockchain development, and this support has resulted in significant research and development breakthroughs.

FAQs

1. What is a blockchain patent?
A blockchain patent is a legal document that provides its owner exclusive rights to use, produce, and sell an invention related to blockchain technology.
2. Why are governments supporting blockchain development?
Governments support blockchain development to promote technological innovation, create new employment opportunities, and enhance their nations’ competitiveness in the international market.
3. What are the benefits of patent authorizations in the blockchain field?
Patent authorizations protect blockchain innovations, thereby encouraging further investment in blockchain technology. Moreover, patent authorizations enhance the reputation of blockchain companies and secure their market position.

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