Proof Point
Prioritized blockchain patent applications grew 21% annually from 23 in 2007 to 136 in 2016, reaching peak of 191 in 2014
Prioritized Blockchain Patent Applications
2007 – 2016 (number)
Proof Point Findings
- Prioritized Blockchain Patent Applications – Applications with special status that undergo faster patent examination process and fewer requirements in exchange for fee
- Blockchain – Distributed digital ledgers that record, authenticate and prevent duplication of transactions using algorithms and specific set of rules, without need for central authority
- Total Patent Applications – Prioritized patent applications between 2007 and 2016 totaled 951, growing from 23 in 2007 to 136 in 2016, an increase of 21.8% annually
- Fluctuating Patent Applications – Number of prioritized blockchain patent applications fluctuated between 2007 and 2016, reaching low 41 in 2010, peaking to 191 in 2014, and dipping to 136 in 2016
- Key Growth Drivers – Include accelerating research and development of blockchain technologies, growing adoption of cryptocurrency transactions, rising blockchain adoption in various industries, and increasing demand for more secure and transparent systems
|
Accelerator |
|
|
Market Disruption |
|
|
Sector |
Information Technology
|
|
Source |
|
|
Date Last Updated |
January 11, 2018
|
