Bank of America Awarded Blockchain-Based Storage Patent

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On Tuesday, Bank of America was awarded a patent for their blockchain-based storage device. The patent mentions blockchain and cryptocurrency several times. This leads some to wonder if a Bank of America crypto could be on the horizon. The new storage patent is based on the same private key cryptography that blockchain has brought to … Continue reading “Bank of America Awarded Blockchain-Based Storage Patent”

NASDAQ Exchange Granted Patent for Blockchain Newswire

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The NASDAQ just won a blockchain patent for sharing time-sensitive information. The US Patent and Trademark Office published the patent on October 23. It outlines the use of blockchain technology to store and release information while also providing an immutable record of changes made to that information before its release. At Issue — Audit Trail … Continue reading “NASDAQ Exchange Granted Patent for Blockchain Newswire”

Mastercard has Big Plans with Awarded Blockchain Patents

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Mastercard just acquired a patent to store multiple transactions on a single platform. It’s one of several patent applications from Mastercard. And it hints at big plans to compete in the blockchain-based payments marketplace. Patent: Method and System for Partitioned Blockchain Approved just this week, the patent details a method for the generation of blocks … Continue reading “Mastercard has Big Plans with Awarded Blockchain Patents”

Blockchain: Walmart Wants to Build a Robot Army

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Apparently, Walmart wants to build an army. All made up on autonomous robots controlled and authenticated through a blockchain network. In fact, documents filed by the US Patent & Trademark Office (USPTO) show that the retailer just applied to patent a system that oversees the “in-field authenticating of autonomous robots.” Like Something out of a … Continue reading “Blockchain: Walmart Wants to Build a Robot Army”

Square Awarded Patent for Cryptocurrency Payment Network

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Cryptocurrency may be one step closer to global acceptance thanks to Square Inc. (SQ). The company now has a patent that allows merchants to accept cryptocurrency payments.  Considering Square’s massive market penetration, coins have another reason to rally. According to the patent: “The disclosed technology addresses the need in the art for a payment service … Continue reading “Square Awarded Patent for Cryptocurrency Payment Network”