IBM is arguably one of the leaders for blockchain deployment in the world. According to a patent document published Thursday by the U.S. Patent and Trademarks Office (USPTO), the technology giant has applied for another patent titled “Blockchain for Open Scientific Research.” The patent is aimed at facilitating the process of conducting scientific research. The document reads in part:
“The blockchain system can form a blockchain representing a research project, wherein the blockchain comprises a first block of research data and a second block of analysis data representing a log of an analysis performed on the research data. Summary blocks and correction blocks can also be added to the blockchain representing the post analysis of the research results.”
The patent has nothing to do with money or digital tokens. It only intends to present a vision for active cooperation where researchers can trace their work across multiple institutional borders.
At the moment, there is a lack of sufficient platforms that allow researchers to share information regarding their scientific research. The application reads:
“Currently, there are limited platforms that allow for sharing information about scientific research and showing transparent data collection and analysis steps.”
IBM first filed the patent with the USPTO in 2017. Researchers at IBM Patrick Watson, Maria Chang, Ravindranath Kokku and Jae-Wook Ahn are credited as the brilliant masterminds behind the invention.
IBM ranks second when it comes to blockchain patents
It’s no big surprise to see IBM embracing something that has the potential to disrupt nearly every sector.
A recent report claims that IBM is the second largest company with the most blockchain related patents. Alibaba purportedly leads the pack with at least 90 blockchain patents applications. Other companies that are exploring the blockchain technology include Bank of America, MasterCard, Microsoft, and even Facebook.
The United States and China are leading the global drive to develop the blockchain applications. Recently, Alibaba unveiled a blockchain-based payment corridor for residents living in the Philippines and Hong Kong.