What will a blockchain patent war look like

1. Recently, the hottest investment is bitcoin. From financial tycoons to ordinary people, they are talking about the surge of bitcoin. Bitcoin is a kind of blockchain. I believe there are still many people who don't know much about blockchain, so today we will explain in detail what blockchain is? How to search blockchain technology patents? What is blockchain? More than 10000 years ago, human beings began to learn to use shells as an intermediary for exchanging materials, and later developed into currency. With the development of network, the circulation of digital currency has graally replaced the traditional currency, and now people's payment methods have undergone unprecedented changes. The emergence of encrypted electronic currencies such as bitcoin, Ethereum and litecoin has further prompted the whole financial system to face up to and start thinking about transformation. However, there is an important technical support behind the development of encrypted e-money which is not affected by the traditional financial system;; Block chain. Blockchain is a new application mode of distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other computer technologies. The so-called consensus mechanism is a mathematical algorithm to establish trust and obtain interests between different nodes in the blockchain system. How to search blockchain technology patents Blockchain Revolution & sup1; A book has mentioned that blockchain is a public database, which records all transaction information and can effectively prevent tampering; It is a distributed system, which does not store on a specific server or node, but scattered in countless nodes on the network, each node only retains part of the information; It is a kind of consensus agreement, which follows a mechanism together. As the underlying technology behind cryptocurrency, including identity authentication, medical record preservation, market forecasting, asset trading, etc., blockchain is graally applied. To observe the patent applications related to global blockchain technology, the author suggests that you should refer to the definitions of block chain, distributed ledger and smart contract to expand your search conditions, rather than only limited to the patents using the word block chain. What is blockchain? How to search blockchain technology patents? If you have more questions about patent inquiry, you can continue to pay attention to Bajie intellectual property or contact us by telephone.

2. A mining machine with the lowest price of 3000 yuan, according to the bitcoin mining speed, can be returned in more than 30 days. The machine with a mining speed of 10G / s can dig about 0.03 bitcoins 24 hours a day, while the machine with a mining speed of 13g / s can dig about 0.035 bitcoins 24 hours a day according to the computing power and difficulty of the whole network in 2013
the price of a mining machine ranges from two or three hundred yuan to 200000 yuan

3. With more and more blockchain technologies, more and more people apply for blockchain patents. However, in the process of applying for blockchain patent, there are more or less legal and practical obstacles. For example, to determine whether they are qualified for patent, to distinguish which are abstract concepts and can not apply for patent, and so on
however, blockchain technology is still in an open state, just like the Internet in the 1990s, which is open source. Anyone can use it, but they can apply for relevant patents instead of blockchain patents. European crowdfunding has created a new crowdfunding model combining blockchain, digital currency and real assets, which should enable us to apply for a patent.

4. All countries are seizing the patent of blockchain. There are still many blockchain applications in China, such as Alibaba, Tencent and Bank of China. Blockchain applications are very popular now. There is a SMIC blockchain service platform project initiated by Changsha high tech Zone, which is blockchain + public service mode, and enterprises are being recruited to join the chain.

5. According to the white paper on bluestone blockchain technology released yesterday, the blockchain technology has been graally extended from the field of financial technology, involving supply chain finance, credit reference, traceability and other fields. But at the technical level, it still faces the pain points of scalability, consensus mechanism, data storage and so on. As for the development trend of the future blockchain instry, the white paper believes that the instry will accelerate the application of blockchain technology, present diversified optimization solutions to solve performance problems, consider security issues from the overall perspective, and the patent competition of blockchain will become an important competitive field. It is a consensus to accelerate the improvement of the regulatory and standard system and build a credible blockchain ecosystem. So vocean can take the lead

6. Insight chain has applied for more than 300 core invention patents related to blockchain technology to provide defensive protection for the technology and ecology of inb public chain. The patents cover technical innovation, business data link, Internet instry, research, data sharing and data transaction of inb public chain. At the same time, insight chain plans to establish a blockchain patent alliance to make all enterprises in the patent licensing alliance free of charge, and encourage more members to join in, inheriting the spirit of openness and sharing of blockchain, so as to promote the development of blockchain technology and ecology. This one is very good

7. Specifically, a large number of distributed points are used to record transactions instead of central records. In this way, the data can not be changed and trust is generated. Further, mediation is used. Logic comes step by step. Now, there are a lot of online blockchain training, which are the most basic contents. No one raised or answered the problems of distributed storage. Through research, I think the most important point for blockchain to be implemented is whether distributed storage can be realized? This problem is actually a problem, at least for now. Is the capacity of the storage point sufficient? Many training institutions often use Taobao to do the case. Buyers and sellers have data on Taobao. Alipay makes intermediary guarantees to ensure that both parties can trade normally. Blockchain technology allows each distribution point to keep accounts, so the storage capacity of each distribution point is estimated to be less than 1 / 100 million of Taobao. How can it be stored? It is impossible to make every point prepare the same storage as Taobao. From the scale, capital are not allowed, even if it can, it can not, because this rendancy is too large, you can imagine, millions of Taobao storage scale, how a waste of resources. The storage space of home computers is not enough for blockchain data storage. So, how to solve this problem? First of all, we should reach a consensus on the scale of bookkeeping. For example, 10000 is the upper limit. In this way, bookkeeping can not be unlimited. Secondly, storage and sharing. Nowadays, computers in many families are hardly used, and the rich space can be shared. Thirdly, the storage technology has made great progress, and the storage capacity is growing exponentially.

8. At present, 78% of the applications come from the United States and China, while South Korea accounts for only 8% and Japan for 3%. Many patent applications mainly focus on the logistics, hub and public services of blockchain. At present, this figure shows a doubling trend in the number of patent application documents in recent years, with 27 applications in 2013 and 258 applications in 2015, and 594 applications in 2016. Although patent applications in this field are mainly distributed in start-ups, in the past year, many newly established enterprises have begun to invest and develop patents in blockchain procts. Of course, enterprises in other fields have shown no weakness. MasterCard submitted a patent document for payment system based on blockchain technology in November 2017. Bank of America has submitted several applications for blockchain procts in the past few years, and Wal Mart, IBM, Goldman Sachs and Morgan are also on the list of patent applications. At present, the trend of accelerating the number of applications is an obvious effect of the development of the times. Nick spanos, CEO and creator of blockchain technology company, said that the patent war is just like the war after the outbreak of software technology in the late 1990's. A report published by Alix partners in September 2016 was also titled "patent race of blockchain", which wrote that this race will eventually sweep the future in the next round of competition between technology standards and those who own such technology procts. Andy Cadel of J.P. Morgan said that if he invests in some areas and applies for patents, it means that other people can't apply for patents on the same content. In December 2017, CNBC, the US financial broadcasting media, also reported that the patent competition for blockchain will soon begin, and both enterprises and indivials are seeking development for future interests. Nick Spangenberg, a prominent patent entrepreneur, says his company ipwe is trying to find resources to make money from the Innovative Patent world. Spangenburg said that this is a road to explore with curiosity. Nerds can't stand on this side. It will also be a road with breakthrough and innovation, and bring wealth at the same time. After all, it seems that everyone wants to get a piece of it here. Of course, it remains to be seen.