Despite Alibaba filing more patents, the United States still takes the lead as the country with the most blockchain copyrights, a Sept. 17 report from intellectual property consultancy KISSPatent.
The U.S. has 2,112 patents, followed by the Cayman Islands with 350 filings and Canada with 118. The rest of the top six are Japan with 108, South Korea with 87 and China with 77 patents.
The Cayman Islands is second, as most of Alibaba’s blockchain applications are located on the island.
Although Chinese companies are often represented in various “top 10” blockchain patent lists, they aren’t pure blockchain companies. The report says these companies focused on blockchain applications as part of their technology portfolio. The reason for China to fill so many patents was to avoid some trading sanctions overseas. It explained that:
“They’ve learned from the example of Xiaomi,…