Alibaba tops the blockchain patents list
Posted On July 3, 2020
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To answer the call from President Xi Jinping regarding the development of blockchain technology, China’s tech companies are in full swing submitting associated patent filings. Alibaba leads the other competitors on a global scale with 212 out of 3,024 blockchain-related patents in hand, while Tencent ranks ninth with 136. Though numbers are pleasing, China lags significantly behind the US whose advancement in ledger technologies leads the world.