International Business Machines had 81 patents in blockchain during Q4 2023. IBM filed patents in Q4 2023 for systems involving secure secret transfer in blockchain networks, managing view changes in a blockchain, capturing endorsement policy information, generating sequential data structures for simulations, and proving user attributes through anonymous credentials and multi-signature validation. GlobalData’s report on International Business Machines gives a 360-degreee view of the company including its patenting strategy. Buy the report here.
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International Business Machines grant share with blockchain as a theme is 56% in Q4 2023. Grant share is based on the ratio of number of grants to total number of patents.
Recent Patents
Application: Secret smart operations in blockchain (Patent ID: US20230412403A1)
The patent filed by IBM describes a system and method for securely transferring a secret using a blockchain network. The process involves dividing the secret into parts, encrypting them with group keys, and recording them on the blockchain. The system includes steps such as establishing groups of nodes, distributing group keys, receiving consensus from groups, and transferring encrypted secret parts to recipients. The method also includes reconstructing the secret from the encrypted parts using the recipient's private key.
Overall, the invention enables secure transfer of secrets by leveraging blockchain technology and encryption techniques. It ensures that the secret remains protected throughout the transfer process and allows for efficient reconstruction by the intended recipient. The system and method outlined in the patent offer a practical solution for securely sharing sensitive information in a decentralized and transparent manner within a blockchain network.
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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.
