LG maybe set to launch own Blockchain smartphone according to Korean media outlet Chosun. According to the Chosun report, the consumer electronics giant may release the Blockchain smartphone in response to major competitor Samsung’s innovation initiative. The Chosun report read;…
Alibaba, the giant Chinese conglomerate has filed a blockchain patent application with the USPTO. Its proposed solution could help in managing blockchain domain names, which will help with blockchain adoption.
Trade audits are important, however, the process to conduct them is complex. tZERO, a blockchain start-up has won a blockchain patent that could ease the trade audit process significantly, thanks to the transparency and immutability offered by blockchain.
Trackers, ads, cookies, etc. regularly invade users’ privacy when they browse the Internet. A proposed privacy-focused browser as part of the IBM blockchain patents portfolio could provide welcome help.
A new Walmart cryptocurrency patent application could give a significant edge to the American multinational retail giant in a competitive landscape.
Proof Work algorithm, used in famous cryptocurrencies like Bitcoin and Ethereum could be made more efficient, as the high energy consumption shows. A new Amazon blockchain proof of work patent could change that.
Micropayment is a key blockchain use case, however, the scalability remains a challenge. A new StormX micropayment blockchain patent will likely help.
Bitcoin mining is a computation-intensive operation that also incurs a high electricity cost. A new Intel blockchain patent proposes to use hardware accelerator to reduce this energy cost.
Adaptive cybersecurity solutions need more and more data, and analytics. A new blockchain cybersecurity patent owned by Forcepoint can help in managing this high volume of data.
Identity management is complex and time-consuming, however, blockchain can change that. Thomson Reuters has recently won a blockchain identity management patent, which should simplify identity management.