IBM Makes Record with Highest Number of Blockchain and AI Patents in 2018

IBM Wins Highest Number of Patents in 2018, Majority Being Blockchain and AI Related

IBM has made a record by earning a maximum number of patents in the year 2018, in its move towards working on innovative technologies. With a total of 9,100 U.S. patents, the company has yet again topped the list for the 26th time in a row, as per IFI Claims, a global patent database.

The latest patents that fell into IBM’s bucket include a number of inventions related to blockchain, artificial intelligence (AI) and quantum computing, which are considered as breakthrough technologies of the century. Out of the total number of patents earned, 1,600 were AI-related patents, one is machine learning (ML) related. Till September 2018, more than 89 blockchain patents were already awarded to the technological giant, ranking it at second place after the Chinese tech firm Alibaba.

The company has been steadily striving to expand its involvement in blockchain by crafting and implementing DLT applications in diverse fields. It has signed several contracts with both private and public organizations across the globe. Aiming to lead the blockchain arena, the firm has also opened several blockchain data centers in the US, Canada, Australia, Japan, Germany, UK, and Sao Paulo in Brazil.