Patent
From Zero Mentions to a Dedicated Section in CINIC Report: How Fast is Blockchain Growing in the Chinese Internet Industry
The China Internet Network Information Centre (CINIC) recently published “The 45th China Statistical Report on Internet Development”. Compared to the previous issue, it is worth noting that the CINIC covered blockchain development as a dedicated section in the latest report. The report highlighted the rapid blockchain development of China in three aspects: regulation, technical development and applications.
Microsoft Patents Cutting Edge Human-Powered Crypto Mining System
Microsoft has filed for a patent for a cryptocurrency mining system that will leverage the data collected from people as they interact with advertising or exercise.
Ant Unicorn: The Latest Blockchain-Powered System Filed by Alibaba in Brazil
Alibaba has continued its long term investment in blockchain technology by filing patents for real estate and insurance system. According to Industrial Property Magazine, the Chinese tech giant, Alibaba, has applied for the patent in Brazil. And with this investment, Alibaba has diversified its investment portfolio into real estate, insurance, and financial services.
Coinbase Landed Patent for a New Compliance System to Root Out Non-Compliant Accounts
US cryptocurrency exchange Coinbase has been awarded a new patent from the US Patent and Trademark Office for an automated system to flag and remove non-compliant user accounts.
Tried and Failed: Maker Foundation's Attempt to Patent "DeFi"
Set out to rid the decentralized finance space, free from scammers, DeFi creators tried to patent the term ‘DeFi’. However, this was short-lived as the United States Patent and Trademark Office rejected the registered application last January.
Walmart Files Patent Application for Blockchain-Based Drone Communications
The American commerce giant Walmart filed for a patent application for a drone communication system entitled “Cloning Drones Using Blockchain” in January 2019. The United States Patent and Trademark Office published the patent on August 1.