Some of the patents filed by IBM in 2019 include one that focuses on network security and another that seeks to streamline management of traditional databases.
A short description of the patent focusing on network security using blockchain technology notes that the security of a data log while employing monitor security protocols can be ensured using a “combination of hardware and software configurations.”
It is now emerging that IBM has been investigating new applications of blockchain technology in the last year. Consequently, the technology-focused company has increased the number of blockchain patents.
For clarity, a patent is considered to be an official document issued by a government to restrict other parties from using the invention, intellectual property, or idea without a prior written agreement.
According to Ginni Rometty, chairman, IBM:
“IBM is committed to leading the way on the technologies that change the way the world works – and solving problems many people have not even thought of yet. Our clients and their customers are the beneficiaries of these innovations, particularly our leadership in AI, cloud, blockchain, and security for business.”
On database management, the patent notes that:
“Database management systems (DBMSs) are typically configured to separate the process of storing data from accessing, manipulating, or using data stored in a database. DBMSs often require tremendous resources to handle the heavy workloads placed on such systems. As such, it may be useful to manage a DBMS using blockchain technology.”
As of June 2019, the top companies in the United States with the highest number of blockchain patents were led by IBM, Bank of America, MasterCard, and Intel with 108, 52, 43, and 53 patents respectively.