Tag: patents

Bank of America Set To File 20 Additional Blockchain Patents

Whenever a major bank decides to file for patents regarding blockchain technology, people’s interests piqued immediately. The main goal of digital currencies such as Bitcoin is to create an ecosystem where everybody can be part of the system, by using blockchain technology in open source format accessible to everyone. Bank of America feels this is an opportune time to register another 20 blockchain patents, which can be seen as a …
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Bank of America files patents for blockchain system

While bankers do not believe that bitcoin will end up going mainstream, it is clear that they share a strong belief in the digital currency’s underlying system- the blockchain. In fact, recently, it seems like the US Patent office published a total of 10 blockchain patents which have been filed by the Bank of America in the summer of 2014. The patents have not been granted yet, but it’s worth …
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