Amazonsky blockchain patent

Jan 29, 2016 · Bank of America is preparing to submit 20 blockchain-related patents any day now to the U.S. Patent and Trademark Office, CNBC reported this week, citing a company spokesperson. The bank has been intrigued by blockchain technology for a couple years, technology and operations chief Cathy Bessant said at a CNBC event in Davos last week, the

Why? Walmart Inc. (WMT) is making another blockchain push. The Arkansas-based retail behemoth, which has already reportedly filed blockchain-related pate Blockchain technology has the potential to dramatically change the way we do business by providing a transparent transaction ledger that’s secure from hacking. StefaNikolic/Getty Images Blockchain, the underpinning technology that maintains Financial transactions are the most obvious application, but there are other opportunities as well. Financial transactions are the most obvious application, but there are other opportunities as well.

18.12.2020

Here comes the patent cavalcade, with big guns like IBM and Mastercard both applying to patent over 100… Mar 27, 2019 · Bank of America has obtained more patents for 'blockchain technology' than any other finance institution, but the company's tech and operations chief, Cathy Bessant told CNBC she's underwhelmed by Jan 07, 2019 · A search of the U.S. Patent and Trademark Office patent database for terms like "blockchain," "bitcoin," "cryptocurrency" and "distributed ledger" results in a total of 361 patents issued in 2018 A blockchain patent, like any other patent, is a set of exclusive rights that an inventor receives in exchange for publicizing their invention to the public. Obtaining a blockchain patent is akin to getting a software patent based on the abstract ideology behind the technology’s functionality. And defensive patent holders may also come to the rescue. 5. Shared nature: Even if someone manages to register a blockchain patent which isn’t invalidated, it’s likely to be awkward to enforce. Patents are easier to enforce if there is a single infringer.

Jan 29, 2016

At present, startups and individual people own more cryptocurrency-related blockchain patents, according to Maulin Shah, an attorney for intellectual property firm, Envision IP. Overall, the vast majority of the world’s blockchain patents come from China. China filed approximately 600 blockchain patents in 2017.

Jun 16, 2019

The majority of blockchain patent holders (59 percent) are blockchain developers who are working on blockchain-specific projects. Twenty percent of patents are owned by financial institutions and 13 percent by traditional technology companies. The extensive full text search revealed 10,134 blockchain-related patent documents which are linked to 5,597 patent families (number of unique patents in the INPADOC database). Figure 1 illustrates the number of patent applications over yearly counts between 2008 and 2019. If you're looking to start investing in cryptocurrency, you've probably begun seeing many more references to something called blockchain technology while doing your initial research — and maybe found yourself thoroughly confused by the conc Walmart has filed for two more blockchain-related patents for its supply chain system. Why? Walmart Inc. (WMT) is making another blockchain push. The Arkansas-based retail behemoth, which has already reportedly filed blockchain-related pate Blockchain technology has the potential to dramatically change the way we do business by providing a transparent transaction ledger that’s secure from hacking.

Amazon’s solution envisages a different kind of blockchain proof of work. Amazon plans to use Merkle trees as part of their solution. Merkle trees are data structures, and they have an important role in the blockchain technology. Nov 14, 2018 · The rise in patenting blockchain and its related innovation is a type of approval for the crypto industry. But, the dash to patent broadly available and understood strategies and methods have drawn reactions also.

A patent for consumer protection and payment transactions based on blockchain technology was finalized on July 17. The patent includes a new technique for linking digital assets between fiat currency accounts and blockchain. The system will include a range of account profiles. Dec 20, 2018 May 29, 2017 Mar 27, 2019 The patent, issued in late August, The devices would then be able to transport objects securely using blockchain technology. Related.

May 23, 2018 · In the field of core blockchain technology, Accenture obtained U.S. Patent 9,959,065 relating to a hybrid blockchain that enables tamper-resistance block rewrites by trusted parties. Dell received U.S. Patents 9,967,333 and 9,967,334, which issued May 8, 2018, for blockchain-based messaging applications. The number of patents on blockchain games and collectibles is currently quite small but will surely increase. The number of published U.S. patent applications that mention blockchain and games (as of March 2019) is only 190. Many industry leaders (and others) are filing patents around blockchain games and collectibles.

Patents are easier to enforce if there is a single infringer. In the case of blockchain that will rarely be the case. This point is worth exploring. Patent pools 22 A blockchain-patent blockchain (BPB) 25 Example implementation of the BPB strategy 27 A computer-based method comprising: 27 Voluntary communal coordination 29 Smart-contract crowdfunding of essential patents 30 Supporting narrower blockchain innovation patents 33 Conclusions and recommendations 34 About the author 36 Appendix 36 The European Patent Office database includes only 21 such patents and published applications.

RUON AI (pronounced “Are-you-on”) today also announces major IEO plans and the filing of a 501-page intellectual property IP patent application covering social intelligence, spaced based © 2018 BLOCKCHAIN RESEARCH INSTITUTE A patent must meet three baseline criteria to be granted: the invention must be eligible, new or novel, and non-obvious. Idea in brief » A large amount of investment funding is flowing into the blockchain space for innovations in precision medicine, financial transactions, energy waste reduction, digital rights Exemplary Blockchain Patent Titles • 9,825,931 - System for tracking and validation of an entity in a process data network • 9,825,765 - Method for distributed trust authentication • 9,824,540 - Method and system for gaming revenue • 9,824,408 - Browser payment request API • 9,824,222 - Method of distributed discovery of vulnerabilities in It is important to consider what the fast-growing patent landscape means to blockchain innovators.

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Jan 30, 2019 · According to figures provided by the EPO at the conference, around 4,100 patent families relating to blockchain technology have been filed to date, 2,200 are in the first publication year and 286

Nokia, Qualcomm and Ericsson own roughly 56% of the patents in this space. Further, mobile device manufacturers paid about $14 billion Feb 25, 2019 May 09, 2018 In the last three years (2013-2016), there has been a rise in patent filing activities for BlockChain Technology. Year 2015 has witnessed maximum patent application filings. Bank of America (10 patent families) is the world leader among patent applicants, followed by Bubi (9 patent families).

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Of course, you can’t explore the idea of blockchain patents without touching on Satoshi Nakamoto, the pseudonymous creator of bitcoin. History suggests that Nakamoto must Jan 09, 2018 · Patenting blockchain technology is catching on. According to a search of the Patent Office’s database, there have been over 50 U.S. patents issued relating to blockchain technology, almost all Justin Hill, a patent attorney at the law firm Olswang, recently wrote that the emergence of clusters of blockchain patents could be similar to what occurred in the telecom industry, where Dec 20, 2017 · Bessen noted that based on his own review of the U.S Patent and Trademark Office’s search database, the office has granted 265 patents related to bitcoin and 53 patents related to the blockchain 10 Considerations For Blockchain Patent Applications By Paul Haughey, Brian Olion and Thomas Franklin (February 23, 2018, 12:00 PM EST) A blockchain is a distributed ledger verified and copied across thousands of computers. Patent Ingenuity has offices in Los Angeles, San Jose, and Newport Beach.

On the other hand, cryptocurrency related patents haven’t been able to attract a similar growth in the past years. Figure 3 shows the top 30 patent publication owners in the space and the number of blockchain patent families owned by each. It can be seen that the top owners include legacy technology companies (IBM, Intel, etc), large financial institutions (Bank of America, American Express, etc), fintech companies (Cognitive Scale, Coinplug, etc) and May 09, 2018 · One patent example is providing venue access control based on a Blockchain and/or bitcoin chain of title (U.S. Patent No. 9,792,742, issued to Live Nation Entertainment, Inc. in October 2017). Because of the virtual ledger and ability to track chain of title, Blockchain is quite applicable to supply chain management as well. Unlikely to be foundational blockchain patent: • A nine-page white paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System,” describing the concept of a blockchain, was published under the pseudonym Satoshi Nakamoto in 2008 to “The Cryptography Mailing List.” • Nakamoto did not apply for a patent on the concept of a blockchain Oct 03, 2018 · Walmart’s U.S. patent application involving blockchain technology is one of many blockchain-based patent applications that have been filed by large companies smitten with blockchain technology. Published May 17, 2018, but filed November 16, 2017, the application is based on a provisional patent filing in November 2016.