Chinese e-commerce giant JD.com has applied for over 200 blockchain patents, according to a report by Securities Daily News on May 20.
The report also notes that major e-commerce competitor Alibaba has applied for 262 blockchain patents, and Chinese internet titans Tencent and Baidu have applied for 80 and 50 such patents, respectively, as recorded by the Intellectual Property Center of China Information and Communication.
According to interpretation of the data provided by Intellectual Property Center of China Information and Communication, JD.com was in first place for “global blockchain patent strength,” with Alibaba, Tencent, and Baidu coming it at second, seventh, and fifteenth place, respectively.
The report also notes that China is the global forerunner in blockchain applications. From 2013 to 2018, China filed 4,435 blockchain patent applications, which is 48% of global blockchain patent filings, as per the “Blockchain Patent Situation White Paper (Version 1.0)” published by the official website for China Telecom.
The runner-up in patent numbers was the United States, which purportedly filed for 1,833 blockchain patents in total, occupying the global patent space by 21%.
Securities Daily said that, with a breakdown of patent filings by industry, companies accounted for 75% of applicants, vastly outnumbering the quantity filed by research institutions, individuals, and government agencies. Out of this 75%, the report noted that the majority of companies that filed were internet-related.
The Intellectual Property Center of China Information and Communication also notes that intellectual property infringements have been an issue in the past for Chinese blockchain patents, and reportedly advises:
“It is recommended that the government do a good job in industry supervision and supervision and patent quality improvement. Enterprises should raise awareness of intellectual property protection and risk prevention, avoid blind investment in the blockchain field, apply for low-value patents, and avoid future blockchains. There have been a large number of infringement lawsuits in the field.”
JD.com released a blockchain-as-a-service (BaaS) platform JD Blockchain Open Platform in 2018, which allows organizations to streamline blockchain creation and run smart contracts, as per the Cointelegraph report. JD.com has also helped create institutes for blockchain research, such as the Smart City Research Institute and a blockchain research lab.
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“Jingdong has applied for nearly 200 blockchain patents
The number of BAT blockchain patents ranks among the top 20 in the world
On the track of the blockchain patent application, many small and medium-sized companies show their enthusiasm far beyond their business volume.
■ Reporter Xing Meng
On May 20, at the National Science and Technology Week in 2019, Jingdong Digital Technology disclosed the patent application for blockchain for the first time. The data shows that there are nearly 200 patents in the blockchain that have been applied for, and the blockchain technology has been put on the scenes of quality traceability, digital deposit certificate, credit network and value innovation.
With the final disclosure of the blockchain patents in Jingdong District, the Internet giant’s competition in this field has become increasingly hot. According to the data of the Intellectual Property Center of China Information and Communication Research Institute, Alibaba, Tencent and Baidu were all selected for the 2018 global blockchain patent applicants TOP20 list. Among them, Alibaba has 262 patent applications, 80 Tencent and 50 Baidu. From this point of view, the number of blockchain patent applications in nearly 200 pieces of Jingdong has been at the world’s leading level.”
from: http://epaper.zqrb.cn/html/2019-05/21/content_459202.htm?div=-1
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