Alibaba on Track to Be the Largest Blockchain Patent Holder by End of 2020: Study
Chinese conglomerate Alibaba is on track to become the largest blockchain patent holder, having filed ten times more than closest rival IBM.
The privacy technology, called fully homomorphic encryption, keeps data hidden even when being processed.
The patent was awarded to IBM last week and proposes using a blockchain consensus model to carry out and verify purchases made within multiplayer games.
The technology is aimed at tracing commodity flows in near-real time.
A new collaboration this week between R3 and IBM is raising eyebrows in the world of enterprise blockchain.
IBM Watson Health says the digital pass would help individuals safely return to shared physical spaces like work, school, flights or stadiums.