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China: Alibaba Files Patent For Blockchain System That Allows “Administrative Intervention”

Alibaba Files Patent For Blockchain System That Allows Administrative Intervention – Intellectual Property – China

Chinese e-commerce conglomerate Alibaba has filed a patent application with the U.S. Patent and Trademark Office (USPTO) for a blockchain based system that allows a third party administrator to intervene in a smart contract in case of illegal activities. The USPTO published the patent application on October. 4, 2018.







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