The automakers led the field in blockchain technology patent filings for Q2 2024.
Ford and Toyota continue to lead the way when it comes to the development of blockchain-based vehicle technology — at least, according to a slate of recent patent filings from both automotive firms.
Between the two of them, Ford and Toyota filed a total of at least 43 blockchain-related patents in the second quarter of 2024. Overall, the number of patents filed in the industry was fewer in Q2 than in the previous quarter.
According to data from GlobalData Patent Analytics and Just Auto, however, both Ford and Toyota bucked this trend. Ford increased its filings from just three in Q1 to 14 in Q2, while Toyota improved from 25 patents in Q1 to 29 in Q2.
