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China’s Dominance in the Crypto World: Alibaba Claims more than 10% of the Globe’s Blockchain Patents

China’s unending determination to control the evolving global blockchain industry has been pronounced by an update that the Alibaba Group Holding alone claimed over 10% of all blockchain patents globally in 2017. Champions of Intellectual Property Rights An investigation conducted by Thomson Reuters depicted that 56%...

The Industrial and Commercial Bank of China (ICBC)’s first blockchain patent intends to use blockchain systems to increase the effectiveness of certification (Blockchain News Today)

One of the country 's four largest state-owned banks , The Industrial and Commercial Bank of China (ICBC) is seeking to certify the authenticity of digital certificates and store them in an open-network. According to a patent application filed by the Chinese Intellectual Property Office (SIPO), the bank intends to...
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