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Reuters: China has the highest number of blockchain patent applications in the world

Time : 06/10/2021 Author : fgwl21 Click : + -
        According to the news of it house on March 26, Reuters reported that last year, China was the most active country in blockchain patent application. After consulting the World Intellectual Property Organization (WIPO) database, the media learned that in 2017, more than half of the 406 blockchain related patent applications submitted were from China. China applied for 225 blockchain patents last year, followed by the United States (91) and Australia (13). Blockchain is a new application mode of computer technology such as distributed data storage, point-to-point transmission, consensus mechanism and encryption algorithm. The so-called consensus mechanism is a mathematical algorithm in the blockchain system to establish trust and obtain rights and interests between different nodes.
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