Open Text had four patents in blockchain during Q1 2024. Open Text Corp’s patents in Q1 2024 focus on securing distributed blockchain ledgers by validating nodes and scanning data for malware/anomalies before adding new blocks. They also involve validating and installing software applications from a blockchain ledger and authorizing cryptographic key use based on cryptocurrency payments. GlobalData’s report on Open Text gives a 360-degree view of the company including its patenting strategy. Buy the report here.

Open Text had no grants in blockchain as a theme in Q1 2024.

Recent Patents

Application: Private secure blockchain (Patent ID: US20240106631A1)

The patent by Open Text Corp describes a system for securing a distributed blockchain ledger where a first node validates all remaining nodes in the ledger using encrypted packages or split-key fragments to generate unique session keys or common keys. The system allows for the addition of new nodes by distributing split-key fragments and regenerating them if necessary, ensuring secure connections between nodes without a consensus protocol.

The method outlined in the patent involves validating all nodes in the distributed blockchain ledger by the first node using encrypted packages or split-key fragments to establish secure connections and add new blocks without a consensus protocol. The method also includes regenerating split-key fragments if insufficient, ensuring all nodes validate each other, and associating different authentication levels with exchanged encryption packages or split-key fragments. This approach offers a unique way to secure blockchain ledgers without relying on traditional consensus algorithms.

To know more about GlobalData’s detailed insights on Open Text, buy the report here.

Premium Insights


The gold standard of business intelligence.

Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.


GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

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.