Ant Group prospectus: Continue to invest in research and development of core blockchain technology, and the number of patents is number one in the industry.
According to data from the Hong Kong Stock Exchange, Ant Group noted in its report that Ant Group continues to invest in research and development of core blockchain technology to build confidence. Focus on the future of digital marketing. Based on the use of blockchain technology, it connects business ecosystems, recognizes trusted assets across all connectivity, and drives business development through the value-added services platform. The report also highlights that as of July 31, 2020, Ant Group had 583 patent applications, 303 approved patent applications and 5,317 pending international patent applications related to blockchain technology. Based on IPR Daily and the IncoPat patent database, the company is a market leader in blockchain-related patent applications in 2017, 2018 and 2019, with a six-month deadline from June 30. 2020. In 2016, 2017, 2018 and 2019, Ant Group was also ranked first in the industry in terms of the number of blockchain-related patents granted according to the 2020 Industry Research of the China Patent Protection Association.
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