Bank of America Wins Patent for Private Key Storage

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On Tuesday, the U.S. Patent and Trademark Office awarded Bank of America its latest patent. It is for the secure, tamper-proof storage of private keys for large enterprises. The major institution has been collecting many such patents in preparation for the growth of cryptocurrency. Bank of America, the second largest bank in the U.S., holds … Continue reading “Bank of America Wins Patent for Private Key Storage”

IBM Disrupting Scientific Research on the Blockchain

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IBM was awarded a patent for blockchain-powered scientific research data. With it, they aim to make sharing such data more secure and efficient for the scientific community. This is yet another patent among many for the tech giant and global leader in blockchain development. The U.S. Patent and Trademarks Office (USPTO) published IBM’s patent titled … Continue reading “IBM Disrupting Scientific Research on the Blockchain”

Bank of America Leads in Blockchain Patents, But Not In Application

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Bank of America (BoA), the second largest bank in the United States, currently holds the most blockchain tech patents in the world.  However, they have yet to implement any, and many are skeptical of the bank’s motives.  On October 30, BoA was awarded their most recent patent for a private key storage solution bringing their … Continue reading “Bank of America Leads in Blockchain Patents, But Not In Application”