ibm fintech patents

Since 1920, IBM has received more than 140,000 U.S. patents. Full-text since. IBM has just under 24,000 FinTech patents in its roster. For example, high-risk locations, culturally sensitive locations, locations marked by property owners. In response to the increase in FinTech innovation, a FinTech Fast Track Initiative was launched in Singapore early last year by the Intellectual Property Office of Singapore, under which the examination of patent applications relating to FinTech can be accelerated. In 2017 alone IBM got 9043 patents – 3300 more than the company in the second place (Samsung).

Tech giant IBM cemented its patent leadership in the United States, with over 9,000 received patents, including in artificial intelligence (AI) and Blockchain in 2019. Global giants like IBM and Alibaba are fighting to reach the top spot and what’s the criteria that will decide who will go on top? Bank of America is seeking patents for blockchain technology that could be used for a digital currency or mobile wallet. In 2019, more than 8,500 IBM inventors, spanning 45 different U.S. states and 54 countries contributed to the patents awarded to IBM. For this $4 billion-dollar global Fintech organization, it highlights a larger industry-wide trend where the growing reliance on a cloud-first strategy — one where the cloud is primary, prioritized and […] While not all were fintech, IBM points out that it’s certainly been a busy soul in our sector.

Include non-patent literature (Google Scholar) Search and read the full text of patents from around the world . The top 200 patent holders constitute only 39% of the total. IBM has launched what it claims is the world’s first financial services-ready public cloud, with Bank of America on board as the first partner and collaborator. Hard to imagine the century old company whose losses exceeded $8 billion in 1993 & on the brink of diminishing would go on to become a leading blockchain applications provider in such a … Cryptocurrency patents are on the rise since 2014 Our data indicate that FinTech patent applications examined by business-method Art Units have only an approximately 40% chance of being allowed.

FinTech patents are distributed among a wide range of patent holders. number of patents and applications will grow significantly in the coming years. According to the patent filing, the browser will maintain a record of browser events in a blockchain using a peer-to-peer network.A user gets to specify the kind of information the browser can record, which is then stored on a blockchain platform permanently. American tech giant IBM has filed a new patent with the U.S. Patent and Trademark Office for a blockchain-based web browser.

The top 200 patent holders constitute only 39% of the total. FinTech patents are distributed among a wide range of patent holders. On the other hand, FinTech patent applications IBM, in particular, is leading the way with 23,864 FinTech related patents.

IBM inventors received a record 9,262 U.S. patents in 2019, achieving a milestone of most patents ever awarded to a U.S. company and marking the company’s 27th consecutive year of patent leadership. Who owns Blockchain: FinTech Blockchain-related patent ownership breakdown. IBM has reportedly filed a patent for a blockchain-based system to prevent augmented reality game players from intruding on undesirable locations.. You might be wondering which locations may be described as undesirable. Microsoft has more than 19,600 patent families, where optical character recognition holds some sway. IBM said nearly half of its 9,100 patents in 2018 were for artificial intelligence, cloud computing, cybersecurity, blockchain and quantum computing. Full-text since. No full-text available. CGI University This year alone, several industry giants such as Amazon, Walmart and Paypal have all applied for Blockchain patents. No full-text available. Facebook Twitter YouTube LinkedIn. The patent holders are from a range sectors, including pure-play FinTech or financial institutions, banks, telecoms companies, software companies, IP commercialisation entities and e-commerce firms. Tech giant IBM has tripled the number of blockchain patents secured in the United States since last year, currently boasting over 100 active patent families. BofA's patent application describes a security system for a peer-to-peer network with a digital wallet interface, providing that interface to a user's computing device and instructions for tiered password system. These totals include all patents and published applications in our index, but we cannot guarantee complete coverage. Get the latest from IBM in the areas of Banking, RegTech, Payments, Sales Performance Management, Risk, Compliances and more.

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