General Motors patent uses blockchain to improve navigation maps, potentially for semi-autonomous driving systems. Major car manufacturer, General Motors, or GM, has filed a patent application for a continuously updating navigation map system. The system would use blockchain to integrate data from vehicle sensors and build a reliable map for autonomous vehicles. According to the…
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Microsoft files crypto-based patent which would enable individuals to mine crypto using body activity data. Tech giant, Microsoft, is looking to develop a cryptocurrency system which enables individuals to mine cryptocurrency using their body activity data, eliminating the need for specialized mining machines. Microsoft published a patent dubbed “Cryptocurrency system using body activity data” on…
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Tech giant IBM cemented its patent leadership in the U.S., with over 9,000 received patents, including in AI and blockchain, in 2019. 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. With the 9,626 patents secured, IBM became the…
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Cryptocurrency tycoons and Gemini exchange founders Tyler and Cameron Winklevoss obtained six stablecoin-related patents. Tyler and Cameron Winklevoss, the founders of the Gemini cryptocurrency exchange, have obtained six stablecoin-related patents, according to filings with the United States Patent and Trademark Office. Three of the patents — the first, second and the fifth on the list…
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Tech giant IBM has been awarded a patent for the development of a “self-aware token” designed to record events of an offline transaction. Tech giant IBM has been awarded a patent for the development of a “self-aware token” designed to record events of an offline transaction. A patent document filed with the United States Patent…
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China’s National Intellectual Property Administration is further streamlining the rules in regard to the guidelines of blockchain patent applications. The National Intellectual Property Administration (NIPA) in China continues to clarify the guidelines for blockchain patent applications, which are set to become effective as of Feb. 1. At the end of December 2019, the NIPA announced…
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Brian Amstrong, the CEO of Coinbase, has patented a system that allows users to transact Bitcoin directly using email. Brian Amstrong, the CEO of Coinbase, has patented a system that allows users to transact Bitcoin (BTC) directly using email. First filed in March 2015 and awarded by the United States Patent and Trademark Office (USPTO)…
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China is winning the US in the numbers of the blockchain-related patents filed between 2014 and 2019, but who are the top patent owners in each country? When Chinese President Xi Jinping announced strong support for blockchain technology last month, pundits suggested that China would soon overtake the United States in dominating blockchain innovations. Our…
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Major American cryptocurrency exchange Coinbase has been awarded a patent for a system that identifies and flags non-compliant accounts. Major American cryptocurrency exchange Coinbase has been awarded a patent for a system that identifies and flags non-compliant accounts. A filing with the United States Patent and Trademark Office on Nov. 19 details a system containing…
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Chinese companies submitted around 7,600 blockchain patent applications between 2009 and 2018, about three times as many as U.S.-based companies. Measured by patent applications in the sector, China is handily outpacing other countries including the United States in blockchain technology. On Nov. 20, Japan-based financial newspaper Nikkei reported that Chinese companies submitted around 7,600 applications between…
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