International Business Machines had 55 patents in blockchain during Q2 2024. IBM filed patents related to software system installation using non-fungible tokens (NFTs), product verification with unique identifiers and bio-tagging, converting software product stakes into feature development tokens, providing power to orbiting satellites, and managing operating vehicles through smart contracts based on priority scores from sensor feeds. GlobalData’s report on International Business Machines gives a 360-degree view of the company including its patenting strategy. Buy the report here.
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International Business Machines had no grants in blockchain as a theme in Q2 2024.
Recent Patents
Application: Support tracking via embedded nfts (Patent ID: US20240201969A1)
The patent filed by IBM describes a method and apparatus for installing a software system via a host platform using non-fungible tokens (NFTs) to embed software programs within the system. The NFTs are generated based on private keys, stored on a blockchain ledger along with provider data, and used to identify responsible providers in case of issues. The system can validate NFTs, generate tickets for issues, and route them to the relevant provider's computing system.
This technology allows for secure installation and tracking of software systems by utilizing NFTs to uniquely identify and embed software programs within the system. By storing provider data on a blockchain ledger, the method ensures accountability and facilitates the resolution of issues by identifying responsible providers based on the NFTs. The system can generate pairs of private and public keys, validate NFTs, and streamline the process of reporting and resolving software system issues efficiently.
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GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
