Tag: Patent Application

Goldman Sachs Submits Patent Application for SETLcoin

On November 19, Goldman Sachs submitted a patent application that details the inner workings of “SETLcoin”. A system of digital currency tokens that will facilitate instant securities settlement using distributed ledger technology. The SETLcoin tokens essentially function just like colored coins, where tokens can be assigned specific attributes and values. In the case of SETLcoin, a token can be used to represent a particular stock/company. The application goes into more …
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