Blockchain technology forecasting by patent analytics and text mining

Information technologies (ITs) have been playing an important role in improving our society, and the fast evolution of ITs creates a competitive environment not only for companies but also for regions. Hence, recognizing the future trend of technologies can be effective in decision-making with regar...

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Autores principales:	Seyed Mojtaba Hosseini Bamakan, Alireza Babaei Bondarti, Parinaz Babaei Bondarti, Qiang Qu
Formato:	article
Lenguaje:	EN
Publicado:	Elsevier 2021
Materias:	Technology forecasting Blockchain technology Patent analysis Text mining Technology life cycle Information technology T58.5-58.64
Acceso en línea:	https://doaj.org/article/d7b6025e41da4873b861cf3d60c81a8c
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spelling	oai:doaj.org-article:d7b6025e41da4873b861cf3d60c81a8c2021-11-26T04:27:44ZBlockchain technology forecasting by patent analytics and text mining2666-953610.1016/j.bcra.2021.100019https://doaj.org/article/d7b6025e41da4873b861cf3d60c81a8c2021-06-01T00:00:00Zhttp://www.sciencedirect.com/science/article/pii/S2096720921000142https://doaj.org/toc/2666-9536Information technologies (ITs) have been playing an important role in improving our society, and the fast evolution of ITs creates a competitive environment not only for companies but also for regions. Hence, recognizing the future trend of technologies can be effective in decision-making with regard to technology selection and investment. Blockchain technology with its vast and impressive applications has received considerable attention from researchers, investors, and public agencies. The purpose of this research is to investigate blockchain technology to explore its trends according to their classification by use of the World Intellectual Property Organization (WIPO) database. Furthermore, we particularly evaluate the registered patents in the world's most well-known patent databases such as the USA patent database. We drew the current technology trends in blockchain patents by applying the text mining and clustering approach. The results represent that the registered patents in the USA patent database have been achieved in the growth phase. That means, attention to the blockchain is rising nowadays and most patents focused the cryptocurrencies and their applications in finance. However, blockchain technology is in the emergence phase and is evolving by researchers and inventors.Seyed Mojtaba Hosseini BamakanAlireza Babaei BondartiParinaz Babaei BondartiQiang QuElsevierarticleTechnology forecastingBlockchain technologyPatent analysisText miningTechnology life cycleInformation technologyT58.5-58.64ENBlockchain: Research and Applications, Vol 2, Iss 2, Pp 100019- (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	Technology forecasting Blockchain technology Patent analysis Text mining Technology life cycle Information technology T58.5-58.64
spellingShingle	Technology forecasting Blockchain technology Patent analysis Text mining Technology life cycle Information technology T58.5-58.64 Seyed Mojtaba Hosseini Bamakan Alireza Babaei Bondarti Parinaz Babaei Bondarti Qiang Qu Blockchain technology forecasting by patent analytics and text mining
description	Information technologies (ITs) have been playing an important role in improving our society, and the fast evolution of ITs creates a competitive environment not only for companies but also for regions. Hence, recognizing the future trend of technologies can be effective in decision-making with regard to technology selection and investment. Blockchain technology with its vast and impressive applications has received considerable attention from researchers, investors, and public agencies. The purpose of this research is to investigate blockchain technology to explore its trends according to their classification by use of the World Intellectual Property Organization (WIPO) database. Furthermore, we particularly evaluate the registered patents in the world's most well-known patent databases such as the USA patent database. We drew the current technology trends in blockchain patents by applying the text mining and clustering approach. The results represent that the registered patents in the USA patent database have been achieved in the growth phase. That means, attention to the blockchain is rising nowadays and most patents focused the cryptocurrencies and their applications in finance. However, blockchain technology is in the emergence phase and is evolving by researchers and inventors.
format	article
author	Seyed Mojtaba Hosseini Bamakan Alireza Babaei Bondarti Parinaz Babaei Bondarti Qiang Qu
author_facet	Seyed Mojtaba Hosseini Bamakan Alireza Babaei Bondarti Parinaz Babaei Bondarti Qiang Qu
author_sort	Seyed Mojtaba Hosseini Bamakan
title	Blockchain technology forecasting by patent analytics and text mining
title_short	Blockchain technology forecasting by patent analytics and text mining
title_full	Blockchain technology forecasting by patent analytics and text mining
title_fullStr	Blockchain technology forecasting by patent analytics and text mining
title_full_unstemmed	Blockchain technology forecasting by patent analytics and text mining
title_sort	blockchain technology forecasting by patent analytics and text mining
publisher	Elsevier
publishDate	2021
url	https://doaj.org/article/d7b6025e41da4873b861cf3d60c81a8c
work_keys_str_mv	AT seyedmojtabahosseinibamakan blockchaintechnologyforecastingbypatentanalyticsandtextmining AT alirezababaeibondarti blockchaintechnologyforecastingbypatentanalyticsandtextmining AT parinazbabaeibondarti blockchaintechnologyforecastingbypatentanalyticsandtextmining AT qiangqu blockchaintechnologyforecastingbypatentanalyticsandtextmining
_version_	1718409932198379520

Blockchain technology forecasting by patent analytics and text mining

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