Patent Trends In The Expanding World Of Blockchain

Law360 (June 27, 2019, 1:44 PM EDT) -- Blockchain technology adoption has increased rapidly in recent years. The proliferation of tools for big data analysis and artificial-intelligence-based processing pushes organizations to collect and make available large amounts of data. Blockchain provides a secure, distributed and efficient way for organizations to track, trade, organize and store data.

As such, implementations of blockchain can be found in almost every major industry. The adoption of blockchain technology for a variety of data organization and tracking applications suggests a paradigm shift in the way that organizations will track and share data moving forward.

There has been a large increase in patent filings on...

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