Cryptocurrency and Bitcoin Patents On The Rise
According to Patexia, approximately 500 patent application were published in 2017 that included the keywords “Bitcoin” and “Blockchain”. The growing number of filed applications reflects the interest surrounding the elusive crypotocurrency market especially when compared to the number of applications filed in 2012 which were only 6. The top assignees for Bitcoin were Game Play Network, Bank of America, International Business Machines, Elwha LLC (Intellectual Ventures), and the United Parcel Service of America (UPS). Surprisingly Google, Microsfot and large banks such as Credit Suisseand ING were not among the top 25 assignees.