Did you know that patent filings for blockchain technology have grown 140-230 per cent per year since 2013? In the latest Patent Analytics report we reveal the key trends, innovators, filing hot spots and explosive growth of Blockchain Innovation.
The report, which was developed for the Australian Computer Society (ACS), was officially launched today by The Honourable Paul Fletcher, Minister for Families and Social Services. As part of the launch, our Chief Economist, Benjamin Mitra-Kahn, highlighted our shared vision with the ACS for Australia to be a world leader in innovation.
In line with this, our Patent Analytics Hub supports Australian innovators by providing key insights into technology trends. This report highlights a number of trends in blockchain technology, including:
- A high proportion of applicants were from recently established start-ups
- China is the largest market and the largest innovator
- Applicants are using blockchain technology to solve problems in document handling and management systems
- Australia is ranked sixth globally in blockchain patent filings.
Check out the full report or read more highlights on the Patent Analytics Hub website.
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