Tencent, Alibaba, and Ruize Technology ranked among the top three in the 2019 Blockchain Patent Application Rankings

According to the incoPat global patent database, as of December 24, 2019, there were 12,355 Chinese blockchain-related patents, and the number of Chinese blockchain patent applications in 2019 was 4,295. Chen Chun, a professor at Zhejiang University and an academician of the Chinese Academy of Engineering, said in an interview that blockchain technology is still at the technical research stage, and there is still a long way to go for large-scale application. In order to avoid losing momentum in future competition, companies need to do a forward-looking patent layout. From the ranking of China's blockchain patent applications from January 1 to December 24, 2019, it can be seen that the top ten blockchain patent applicants are all enterprises, of which Tencent, Alibaba, and Ruize Technology are among the top three.