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ARTICLE · 31 MARCH 2022

Patent Applications For Blockchain Technology : A Comparative Study Between India And U.S.A

Khurana & Khurana, Advocates and IP Attorneys
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A Comparative Study Between India And U.S.A Patent applications for blockchain technology have been fast increasing around the world.

IndiaIntellectual Property
Anuja Saraswat
Anuja Saraswat
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Introduction

A Comparative Study Between India And U.S.A Patent applications for blockchain technology have been fast increasing around the world. Blockchain patents are being filed worldwide in the financial industry, non-financial sector (real estate), and other generic areas, according to a comprehensive assessment and analysis of the blockchain patent landscape. Many people associate blockchain with cryptocurrency, but the technology is more akin to a secure and transparent digital record that serves as the foundation for patentable ideas. Currently, every significant tech business is looking at how they might apply blockchain technology to their particular industry, and corporations like IBM are obtaining hundreds of patents in order to position themselves as a blockchain standards leader. With the evolution of blockchain and the introduction of fresh blockchain-based technologies, it is projected that the number of patents in this area will rise, increasing the

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