Countries with Most Priority Blockchain Patent Filings by Applicant Origin

Countries with Most Priority Blockchain Patent Filings by Applicant Origin

Proof Point

U.S. leads priority blockchain patent applications between 2007 and 2016, but Asian countries dominate top five list

Countries with Most Priority Blockchain Patent Filings by Applicant Origin

2007 – 2016 (number)

Note: Patent applications include prioritized patent filings only. Prioritized patent applications have special status and undergo faster patent examination process with less requirements in exchange for fee

Proof Point Findings

  • Blockchain – Distributed digital ledgers that record, authenticate and prevent duplication of transactions using algorithms and specific set of rules, without need for central authority
  • U.S-Led Research – U.S. leads priority blockchain patent applications with 409 applications made between 2007 and 2016
  • Asian Countries – Asian nations China, South Korea, and Japan part of top five countries with most number of priority blockchain patent applications, with 412 cumulative patents
  • Key Growth Drivers – Include accelerating research and development of blockchain technologies, rising blockchain adoption in various industries, and increasing demand for more secure and transparent systems

Accelerator

Market Disruption

Sector

Cross-sector

Source

Date Last Updated

January 17, 2018

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