Home Patent Forecast® Sectors Log In   Contact  
How it works Patent Forecast® Sectors Insights
Menu
Enjoy your FREE PREVIEW which shows only 2022 data and 25 documents. Contact Patent Forecast for full access.        

Cryptocurrency: Security

Read More News and Insights

Alibaba's Barrage of Blockchain Patent Applications

Cryptocurrency: Security Patent Forecast®

June 4, 2020

Chinese tech company Alibaba filed 19 patent applications for blockchain-based technologies during the week of January 27, 2020 that are now published and available on Magic Number's Cryptocurrency patent radian. Most of the documents are directed towards data authorization, but there are also other technologies that would be useful for e-commerce including methods for verifying signatures and managing smart contracts.

Last year, Alibaba acquired Koala in order to implement blockchain in all facets of its e-commerce platform including backend logistics. The new filings suggest the company, which also manages the online payment platform Alipay, will continue to integrate these technologies despite cryptocurrency exchanges and trading platforms being banned in China.

Internet, Laptop, Computer, Notebook, Monitor, Screen

Relevant Patent Documents

Application US20200167503  


Read more like this in News This Week!   or   Share this link with your connections!



301