Sentences with phrase «blockchain patent applications»

Blockchain Patent Applications Almost Double in Q1 2017: USPTO Data — In 2012, the number of applications related to Blockchain and virtual currencies was only 71 rising to 469 in 2016.

(Bank of America has more than 30 blockchain patent applications!)

We expect this will be the first of many more patents to come, as our portfolio of blockchain patent applications is among the largest — if not the largest — in the world.

Not exact matches

The company has more than 70 patents that can incorporate applications of blockchain, and several dozen other patents for «digital wallets,» means of authentication and other processes needed to apply the technology in banking and commerce, according to David Pratt, managing director at Mcam - International.

TD Bank has submitted a patent application to use a public blockchain to digitally track assets.

Singapore's Intellectual Property Office announced an initiative to expedite the patent - granting process for fintech - related applications such as blockchain - based payments.

Mastercard has filed a patent for a Blockchain system to store and verify identity data, in an application published by the U.S Patent and Tradempatent for a Blockchain system to store and verify identity data, in an application published by the U.S Patent and TrademPatent and Trademark...

The Office also requires the blockchain patent applicants to file documents first in Singapore with less than 20 claims in one application in order to be eligible for the fast - track initiative, among other criteria.

The Intellectual Property Office of Singapore (IPOS) has announced a new initiative named «Fintech Fast Track» that aims to speed up the patent application - to - grant process for blockchain - based patents.

There are many more applications of blockchain currently being adopted by banks — Bank of America has filed numerous patents relating to using the technology for conducting and settling transactions; Deutsche Bank is trialling a corporate - bond platform that uses smart contracts to issue and redeem bonds; and DBS and Standard Chartered Banks are working on a trade - finance collaboration with Ripple to better track invoices and avoid invoice duplication.

JPM has filed numerous patent applications for the blockchain, reportedly at last count 175.

A newly released Bank of America patent application proposes securing health records on a permissioned blockchain.

Based on the description in the patent application, this blockchain system can authenticate data and provide access to the bank's service providers as well.

A pair of Walmart patent applications discuss encrypting payment information using a blockchain.

However, it is probably the first time a bitcoin or blockchain company includes a description of the two - factor authentication in a US patent application.

There are a number of EY blockchain platforms being built and designed to support industry process and operations platforms with patent - pending applications of this emerging technology, which already include:

Some people argue that, although blockchain - related patent applications are filed all the time (including attempts to patent the term «bitcoin»), the idea of patenting is not consistent with the free spirit of the cryptocurrency.

Bank of China has filed a patent application for a process it says is better able to scale blockchain systems.

Daniel Nazer, a lawyer with the Electronic Frontier Foundation, told Fortune that applications to patent the blockchain - which is a form of software - face a high hurdle due to a Supreme Court case called Alice.

A newly published patent application indicates that TD Bank may be considering the use of a public blockchain for certain kinds of transactions.

A patent application by the Royal Bank of Canada outlines ways of using a blockchain - based system to make the credit rating process more transparent.

The past 12 months have seen a range of patent applications focused on cryptocurrency or blockchain applications, including some from notable firms such as banking giant Bank of America and credit scoring giant FICO.

A recently released patent filing shows that IBM has dreamed up a blockchain - based system for distributed software application testing.

A new patent application from the CME outlines ways in which the rules underlying private blockchains can be rewritten.

A Cisco patent application describes how a blockchain could let people form groups on the fly to share files and other data while tracking membership.

Sony goes through how it would develop nodes for a blockchain in a recently - released patent application first filed in January.

In a recently released patent application, tech giant Huawei touts a blockchain system for protecting digital property rights.

The CME Group, the parent company to the Chicago Mercantile Exchange and Chicago Board of Trade, recently filed a patent application for its own spin on blockchain technology, and several commercial banks are working on doing the same.

Several companies have filed patents in the US for Blockchain technology recently, from Chinese company Lenovo's patent application in February for Blockchain document verification to PayPal's patent application earlier this month for a system to speed up crypto trading transaction times.

Nine more blockchain - related patent applications filed by Bank of America have been made public, a number that brings the bank's total to at least 30.

Several top - tier public universities in China are stepping up their efforts to patent some of the blockchain applications they have been developing.

In a newly released patent application, Intel describes how it could run genetic sequencing operations on a blockchain.

Japanese technology major Sony has filed a patent application for a Blockchain - based multi-factor authentication system (MFA).

Craig Wright, an Australian entrepreneur that earlier claimed to be Satoshi Nakamoto, has been sending dozens of blockchain related patent applications to the British Office of Intellectual Property.

Walmart's patent application on a Blockchain - based delivery device was released by the US Patent and Trademark Office (Upatent application on a Blockchain - based delivery device was released by the US Patent and Trademark Office (UPatent and Trademark Office (USPTO).

News headlines — Bitcoin adoption depends largely on education; The government of the United Arab Emirates is sponsoring a virtual hackathon dedicated to blockchain, with $ 140,000 in prizes up for grabs; Regulation for the Internet of Things; India dreams of a cashless society; Bitcoin, Blockchain and the Unbanked in Africa with Lorien Gamaroff; Europe's largest shipping port tests blockchain logistics and the US Patent and Trademark Office (USPTO) has published four applications filed by MasterCard related to its work with blockchain and distributed leblockchain, with $ 140,000 in prizes up for grabs; Regulation for the Internet of Things; India dreams of a cashless society; Bitcoin, Blockchain and the Unbanked in Africa with Lorien Gamaroff; Europe's largest shipping port tests blockchain logistics and the US Patent and Trademark Office (USPTO) has published four applications filed by MasterCard related to its work with blockchain and distributed leBlockchain and the Unbanked in Africa with Lorien Gamaroff; Europe's largest shipping port tests blockchain logistics and the US Patent and Trademark Office (USPTO) has published four applications filed by MasterCard related to its work with blockchain and distributed leblockchain logistics and the US Patent and Trademark Office (USPTO) has published four applications filed by MasterCard related to its work with blockchain and distributed leblockchain and distributed ledger tech.

In a patent application released Tuesday by the U.S. Patent and Trademark Office (USPTO), the company describes a «blockchpatent application released Tuesday by the U.S. Patent and Trademark Office (USPTO), the company describes a «blockchPatent and Trademark Office (USPTO), the company describes a «blockchain...

Several top - tier public universities in China are stepping up efforts to patent blockchain applications developed on campus.

Accenture filed its patent application for the permissioned Blockchain technology in 2016.

The bank - backed R3 CEV blockchain consortium has filed its first patent application, shedding light on Corda, the software that will be central to its shared ledger project, which could begin rolling out within months.

This is a particularly opportune time for Finzat's approach as financial institutions are now filing patents for blockchain applications for processing, file transfer and tracking in blockchain.

TD Bank's patent application is particularly complimentary in regards to blockchain technology, writing, among other things:

China currently leads the world in blockchain - related patent applications, with over 200 in 2017.

A Blockchain - based patent application filed by the telecom and networking giant Huawei was published by China's State Intellectual Property Office on Tuesday, March 6.

Bank of America Files for 3 New Blockchain Patents — Three new patent applications have been filed by Bank of America has been working on using distributed ledger technology (DLT) to validate information — A number of patents have been filed yet none, according to public data, have been apPatents — Three new patent applications have been filed by Bank of America has been working on using distributed ledger technology (DLT) to validate information — A number of patents have been filed yet none, according to public data, have been appatents have been filed yet none, according to public data, have been approved.

Last year saw a sharp rise in global blockchain - related patent applications, according to the South Korean Intellectual Property Office (KIPO).

According to a report by Financial Times published March 25, China made the most patent applications involving blockchain technology to the World Intellectual Property Organization (WIPO) in 2017.

Google may be looking to secure audit information using blockchain tech, a patent application published on Thursday suggests.

A patent application released last October, but initially filed in April, discussed using a blockchain as part of a customer rewards program.