Block, formerly Square, has a total of 762 patents globally, out of which 429 have been granted. Of these 762 patents, more than 75% patents are active. The USA is where Block has filed the maximum number of patents, followed by Australia and European Countries, it has generated an annual revenue of $17.66 billion in the year 2021. Parallelly, the USA seems to be the main focused R&D centre of Block.
Block was founded in the year 2009 by Jack Dorsey and Jim McKelvey. The company is situated in San Francisco, California and provides financial services and digital payments. As of June 2022, Block has a market cap of $47.54 Billion.
Do read about some of the most popular patents of Block which have been covered by us in this article and also you can find Block patents information, the worldwide patent filing activity and its patent filing trend over the years, and many other stats over Block patent portfolio.
How many patents does the founder and the CEO of Block have?
The CEO & co-founder, Jack Dorsey, has 123 patents. The other co-founder, Jim McKelvey, has 38 patents.
How many patents does Block have?
Block has a total of 762 patents globally. These patents belong to 306 unique patent families. Out of 762 patents, 576 patents are active.
How Many Patents did Block File Every Year?
Are you wondering why there is a drop in patent filing for the last two years? It is because a patent application can take up to 18 months to get published. Certainly, it doesn’t suggest a decrease in the patent filing.
|Year of Patents Filing or Grant||Block Applications Filed||Block Patents Granted|
How many Block patents are Alive/Dead?
How Many Patents did Block File in Different Countries?
Countries in which Block Filed Patents
|United States Of America||490|
|Hong Kong (S.A.R.)||7|
Where are Research Centres of Block Patents Located?
10 Best Block Patents
US7003316B1 is the most popular patent in the Block portfolio. It has received 284 citations so far from companies like Leonard Forbes, Sony, and Siemens.
Below is the list of 10 most cited patents of Block:
|Publication Number||Citation Count|
Which Companies are using Block Patents to Advance their Research?
If patents or patents from a particular technology area of a company receive a lot of citations, it implies that the technology is being followed and incrementally innovated by the citing companies. It also indicates that citing companies are working on similar and closely related technologies.
The top citing companies in the Block patent portfolio are Mastercard, JP Morgan, and Paypal.
List of the top forward citing Companies –
|Company||Number of Patents|
Count of 102 and 103 Type Rejections based on Block Patents
Top Block Patents used in Rejecting Most Patent Applications
|Patent Number||Count of Rejected Applications|
EXCLUSIVE INSIGHTS COMING SOON!
What are Block’s key innovation segments?