Ripple Labs has a total of 30 patents globally, out of which 11 have been granted. Of these 30 patents, more than 66% patents are active. United States of America is where Ripple Labs has filed the maximum number of patents, followed by Europe and it also seems reasonable as the biggest market for Ripple Labs is USA. Parallelly, USA seems to be the main focused R&D center and is also the origin country of Ripple Labs.
Ripple Labs was founded in 2012 by Chris Larsen and Jed McCaleb. Ripple is a global payments network powered by the power of the digital asset XRP. Banks and payment providers can process their customers’ payments anywhere in the world instantly, reliably and cost-effectively.
Do read about some of the most popular patents of Ripple Labs which have been covered by us in this article and also you can find Ripple Labs patents information, the worldwide patent filing activity and its patent filing trend over the years, and many other stats over Ripple Labs patent portfolio.
How many patents does Ripple Labs have?
Ripple Labs has a total of 30 patents globally. These patents belong to 14 unique patent families. Out of 30 patents, 20 patents are active.
How many Ripple Labs patents are Alive/Dead?
How Many Patents did Ripple Labs 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||Ripple Applications Filed||Ripple Patents Granted|
How Many Patents did Ripple Labs File in Different Countries?
Countries in which Ripple Labs Filed Patents
|United States Of America||25|
Where are Research Centers of Ripple Labs Patents Located?
5 Best Ripple Labs Patents
EP3054405A1 is the most popular patent in the Ripple Labs portfolio. It has received 32 citations so far from companies like IBM, Alibaba Group and Deutsche Telekom.
Below is the list of 5 most cited patents of Ripple Labs:
|Publication Number||Citation Count|
What Percentage of Ripple Labs US Patent Applications were Granted?
Ripple Labs (Excluding its subsidiaries) has filed 20 patent applications at USPTO so far (Excluding Design and PCT applications). Out of these 10 have been granted leading to a grant rate of 58.82%.
Below are the key stats of Ripple Labs patent prosecution at the USPTO.
Which Law Firms Filed Most US Patents for Ripple Labs?
|Law Firm||Total Applications||Success Rate|
|Mahamedi Ip Law Llp||2||100.00%|
List of Ripple Labs Patents
|US11195155B2||Network computing system executing failover state upon detection of a downed exchange|
|US10902416B1||Network computing system implementing on-demand liquidity for cross-medium transaction services|
|US10902389B1||Network computing system executing programmatic adapters to implement asynchronous communications|
|US10853064B2||System and method for ensuring correct execution of software|
|US10789068B2||System and method for verifying sequence of instructions of software|
|US10721180B2||Resource path monitoring|
|US10511520B1||Multi-hop path finding|
|US10419359B2||Resource path monitoring|
|US10021040B2||Resource path monitoring|
|US9904544B2||System and method for determining that results produced from executions of software have not been altered or falsified|
|US20210209565A1||Network computing system executing programmatic adapters to implement asynchronous communications|
|US20210192501A1||Network computing system implementing on-demand liquidity to facilitate direct cross-medium transactions|
|US20210089300A1||System and method for identifying particular computer platform associated with potential altered or falsified execution of copy of software|
|US20200351217A1||Resource path monitoring|
|US20200204338A1||Securing public key cryptographic algorithms|
|US20200202344A1||Private asset transactions|
|US20200202349A1||Multiple asset transactions|
|US20200120014A1||Multi-hop path finding|
|US20200104228A1||Asynchronous self-proving transactions|
|US20200014632A1||Resource path monitoring|
|US20190251007A1||Byzantine agreement in open networks|
|US20190253242A1||Random oracles in open networks|
|US20190158418A1||Exchange hosting server|
|EP3054405A1||Temporary consensus subnetwork in a distributed network for payment processing|
|WO2021126787A1||Network computing system implementing on-demand liquidity for cross-medium transaction services|
|WO2019231812A1||Multi-hop path finding|
|WO2019157475A1||Byzantine agreement in open networks|
|WO2019023372A1||Electronic payment network security|
RippleX offers open-source code and developer tools to help speed the development of efficient and interoperable blockchain technology, which will help to drive innovation in global payments and beyond.
- Unleashing the Blockchain’s Potential: The current global payment infrastructure is inadequate to fulfil the needs of today’s businesses and consumers. Financial institutions can substantially enhance the speed, cost, and reliability of how consumers transact throughout the world by harnessing the power of blockchain and digital asset technologies.
- Developing a Financial System: The infrastructure that underpins global payments is unified by our solutions. It doesn’t end there, though. Institutions, enterprises, and the people they serve all have access to an open and inclusive system because to the power of decentralised financial technology, regardless of where they are in the world.
- Increasing the Speed of the Internet of Value: The Internet of Value (IoV) is a world where money moves as information today, ushering in a new era in global finance. The IoV will serve as an explosive catalyst for value exchange, similar to the internet’s impact on information sharing and communication. It will usher in a new chapter in globalisation, altering entire industries and creating new ones.
Ripple’s global payment solutions are transforming the way vulnerable people, remitters, and small businesses send and receive money across borders throughout the world.
EXCLUSIVE INSIGHTS COMING SOON!
What are Ripple’s key innovation segments?
What Technologies are Covered by Ripple?
The chart below distributes patents filed by Ripple in different countries on the basis of the technology protected in patents. It also represents the markets where Ripple thinks it’s important to protect particular technology inventions.
R&D Focus: How Ripple search focus changed over the years?
EXCLUSIVE INSIGHTS COMING SOON!
Interested in knowing about the areas of innovation that are being protected by Ripple?