The Institute of Information and Communication issued the "Blockchain White Paper (2019)": China's blockchain patent applications rank first in the world

China Information and Communication Research Institute released the White Paper on Blockchain (2019) in Beijing today. According to statistics from the white paper, the number of applications for global blockchain patents is currently over 18,000, and China accounts for more than half of the total, ranking first in the world. According to the White Paper on Blockchain (2019), 38% of global blockchain companies are currently concentrated in the field of cryptocurrency, and 23% of companies focus on blockchain technology research and development. The Internet and finance industries are the two most used areas. The number of blockchain companies in the US, China and the UK is ranked in the top three.