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Bank of America applied for new patents tied to blockchain. As CNBC states, Bank of America (BOA) applied to the United States Patent and Trademark Office (USTPO) for 3 types of patents regarding the blockchain technology. The first patent simply would allow BOA to authenticate user and transaction information through a blockchain system. The second patent utilizes a distributed ledger system that monitors and verifies user identities on a network. The last one is about the system that monitors changes in user history at a specific timeline and creates a “map” of the user and his history. This act shows that BOA is going to heavily invest in bitcoin and blockchain technology.
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Coinidol – https://coinidol.com/
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