NetEase Awarded Blockchain Data Processing Patent: Technological Prowess Recognized

NetEase Awarded Blockchain Data Processing Patent: Technological Prowess RecognizedOn February 14, 2025, the State Intellectual Property Office of China announced that NetEase (Hangzhou) Network Co., Ltd

NetEase Awarded Blockchain Data Processing Patent: Technological Prowess Recognized

On February 14, 2025, the State Intellectual Property Office of China announced that NetEase (Hangzhou) Network Co., Ltd. had been granted a patent for a "method, device, and server-side equipment for blockchain-based data processing" (patent authorization number: CN112182114B). The patent application was filed in October 2020, marking significant progress in NetEase's ongoing exploration and innovation in blockchain technology. This patent not only recognizes NetEase's technological strength but also provides strong support for its future development in data security and management.

NetEase (Hangzhou) Network Co., Ltd., established in 2006 and registered in Hangzhou, Zhejiang Province, is a company primarily engaged in internet and related services. With registered and paid-in capital both at $137.6 million USD, its strong financial foundation provides solid backing for its technological research and development and business expansion. Public information reveals NetEase's substantial strength in commercial investment, project bidding, and intellectual property accumulation.

According to Tianyancha (a Chinese business information platform), NetEase (Hangzhou) Network Co., Ltd. has invested in 26 companies, actively participating in market competition and expanding its business portfolio. The company has also participated in a considerable number of bidding projects, totaling 278, reflecting its influence and competitiveness within the industry. NetEase's intellectual property portfolio is particularly noteworthy. Tianyancha data shows that NetEase holds 5,000 trademark registrations and 5,000 patent registrations. This extensive intellectual property reserve demonstrates NetEase's investment in innovation and R&D, providing a crucial competitive advantage for its long-term development.

In addition to its extensive intellectual property holdings, NetEase possesses 27 administrative licenses, demonstrating its strong qualifications in compliant operations and business expansion. These licenses cover various aspects of the company's operations, ensuring the legality and compliance of its business and providing a stable external environment for its continued growth.

The newly awarded patent for "blockchain-based data processing method, device, and server-side equipment" represents another milestone achievement in NetEase's journey of technological innovation. Blockchain technology, with its revolutionary potential, offers significant advantages in data security, transparency, and traceability. NetEase's application of this technology to data processing will undoubtedly enhance its data management efficiency and security, providing users with more reliable data services.

This patented technology may be applicable across numerous NetEase businesses, including gaming, email, and e-commerce. Through blockchain technology, NetEase can better protect user data security, improve data processing efficiency, and build a more secure and reliable online environment. This also reflects NetEase's continuous investment in technological innovation and its commitment to user experience.

In conclusion, NetEase's acquisition of this blockchain patent is a remarkable achievement in technological innovation and intellectual property accumulation. This is not only a recognition of NetEase's technological strength but also provides new impetus for its future development. Through continuous technological innovation and intellectual property accumulation, NetEase will maintain a leading position in future competition, providing users with better services and experiences. This will further solidify NetEase's position in the internet industry and drive innovation in the internet sector. With continued investment in R&D and exploration of cutting-edge technologies, NetEase is poised to achieve even more remarkable achievements in the future. This patent authorization signifies NetEase's intention to further deepen its application of blockchain technology, bringing safer, more efficient, and reliable data services to its users. This is not only a significant advancement for NetEase's own development but will also have a positive impact on the development of the entire internet industry. By continuously enhancing its technological strength and innovative capabilities, NetEase will continue to lead industry development and create a better digital life for its users.