China triples US in blockchain patent filings

Alibaba and compatriots push for domination in fast-growing field

20191113N China crypto

Chinese companies are aggressively applying for blockchain patents as the technology spreads from cryptocurrencies to logistics and financial services. © Reuters

TAKESHI HASHIMOTO and YUSHO CHO, Nikkei staff writers

TOKYO/SHANGHAI -- As businesses around the globe eye new uses for blockchain beyond cryptocurrencies, China is quickly outpacing the rest of the world in patent applications for related technology.

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