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.
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.
Accenture blockchain patent drive continues as the technology major proposes to address the blockchain networks interoperability challenges
Innovation is flourishing in India, as the recent India blockchain patent landscape push shows. The country is now ranked 6th globally in terms of number of blockchain patents.
Cloud computing can catalyse exponential growth in the Internet economy, however, security challenges need resolution. A new blockchain cloud security patent by NewVoiceMedia can address the security challenges.