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Why Are Chinese Banks so Keen to Lodge Blockchain Patents?


Chinese banks are becoming increasingly keen on registering blockchain-related patents – and experts said they believe that financial institutions are developing core technology that will see them build new business models in the years ahead. Per media outlet Mars Finance, state-owned commercial...

Chinese State-owned Banks Issue Flurry of Blockchain Patents


Two of China’s biggest state-owned banks have registered a number of blockchain patents as both continue to expand the central People’s Bank of China (PBoC)’s fast-expanding, much-vaunted digital yuan pilot. Per media outlet NBD, the banks in question are the Industrial and Commercial Bank of China...

South Korean Blockchain Patents Applications ‘Surging’


Blockchain technology-related patent applications surged in South Korea last year, and appear to be rising further this year in wake of the coronavirus pandemic. Per the Korean Intellectual Property Office (KIPO), a total of 1,301 blockchain patents were registered in the country last year, a rise...

Tencent Registers Advertising, Fund Management Blockchain Patents


Chinese business giant Tencent has registered a series of new blockchain patents, according to a new report – a possible hint that the company is on the verge of launching a series of new blockchain-related operations. Per the Securities Times (via EGSEA), the Shenzen-based company, whose core...

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