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Algorand has been cited in a ton of patents filed by technology and financial companies in the last few months, including Microsoft, Visa, HP, IBM, Softbank/ARM, and others.

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by COINS NEWS 81 Views

Algorand has been cited in a ton of patents filed by technology and financial companies in the last few months, including Microsoft, Visa, HP, IBM, Softbank/ARM, and others.

Look at this flood of recent US Patent grants, citing Algorand in their US Patent application. From tech, to banks, to lighting, to defense, to crypto, to insurance. Big names including: Microsoft, Visa, IBM, HP,

There is a ton, check for yourself here: https://ppubs.uspto.gov/pubwebapp/static/pages/ppubsbasic.html

https://preview.redd.it/b7s29g7n95oc1.png?1859&format=png&auto=webp&s=28086e8f9a7caf47a919facc59d7a9a9c23bf15c

  • Microsoft (US Patent No: 11915014 B2)

https://ppubs.uspto.gov/dirsearch-public/print/downloadPdf/11915014

https://preview.redd.it/02aeismj95oc1.jpg?514&format=pjpg&auto=webp&s=ebdc3e13f0e6fc1674dc8f863caa69f442ef8974

  • IBM - Silvio Micali's Patents for 'Distributed Transaction Propagation and Verification System' (which repeatedly references #ALGORAND) and 'Counterfeit Prevention' both cited in IBM's Patent for "Anonymous Database Rating Update".

https://preview.redd.it/oed6aircc5oc1.jpg?1412&format=pjpg&auto=webp&s=9ea5eda19e3264dbc1129d85e4334aea23967299

https://preview.redd.it/6j0qm3vfc5oc1.jpg?1334&format=pjpg&auto=webp&s=3281f57c5a442744b4e1bae4ffa6b1a004cb88f6

https://preview.redd.it/t7b54dthc5oc1.jpg?1272&format=pjpg&auto=webp&s=c5ed885f3dc6dfdf1f95ca49b62fa87975e1f559

https://preview.redd.it/swyd7jgkc5oc1.png?471&format=png&auto=webp&s=4080e6c6ebaf3957512aaf762bd6752b7ca6f67e

  • ARMβ€” "Blockchain for securing and/or managing IOT network-type infrastructure"

Arm is owned by Soft Bank, worth over 10 trillion.

https://ppubs.uspto.gov/dirsearch-public/print/downloadPdf/11924322 - pg 19/20

https://preview.redd.it/x59unzwz95oc1.jpg?680&format=pjpg&auto=webp&s=4c1f7e297277b6fba730a5ab25c51987ca4313c8

  • Visa - "Block chain sharding and adjustable quorums".

https://ppubs.uspto.gov/dirsearch-public/print/downloadPdf/11902456 - pg 33

https://preview.redd.it/atnggci0e5oc1.png?1600&format=png&auto=webp&s=7b05b3ec05c0a5df805dd3eca69027b12443d814

https://preview.redd.it/uv5fk0r1e5oc1.png?638&format=png&auto=webp&s=5214b8c2afc01cb52e18436992b3b220ff1a78ed

  • HP - "Systems and methods for monetizing data in decentralized model building for machine learning using blockchain"

https://ppubs.uspto.gov/dirsearch-public/print/downloadPdf/11887204

You get the point, it's worth looking through the public list for yourself. This doesn't mean much other than a lot of huge and innovative/powerful companies are aware and know about Algorand and believe it is good enough to research and cite in their own patents.

submitted by /u/gigabyteIO
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