Amazon Files Proof-Of-Work Patent Using Cryptography
Amazon this week filed a US patent for a Proof-of-Work system which uses cryptography to generate Merkle trees. The Bitcoin and Ethereum networks use such ‘hash trees’ to...
Square Secures Patent for Crypto Payment System
Payment processing company Square has received approval from the U.S. Patent and Trademark Office (USPTO) regarding a new payment network, permitting the use of cryptocurrencies. ...
UPS Files For a Patent for Blockchain-based Shipping System
Despite the fact that the overall cryptocurrency market has declined with around 70 percent since January 2018, interest in blockchain-based technology grows stronger. Yet another...
Coinbase Wins Patent to Protect a Secure Bitcoin Payments System
The largest US-based cryptocurrency exchange has made another move towards providing a secure environment for digital currency trading. Identifying the Present Issues In a filing...
MasterCard Wins Patent to Increase Cryptocurrency Payment Speed
The U.S. Patent and Trademark Office officially granted MasterCard a patent for a method of increasing the speed of cryptocurrency transactions. The Need for Speed Published July 17...
American Express Files Patent for Blockchain-Based Proof-of-Payment System
Multinational financial services corporation American Express has shown increased interest towards blockchain-based technology. Following in the footsteps of major competitors like...
MasterCard Files Patent for Faster Blockchain Node Verification
Furthering its interest in blockchain-based technology, MasterCard has filed a patent for a system designated to increase the speed with which blockchain nodes are being verified. ...
TD Bank Seeks Patent to Track Payments on Public Blockchains
North American financial giant TD Bank is planning on potentially using Bitcoin’s underlying technology to digitally track assets on the public ledger. Banking on the Blockchain...
When Bankers Attack: The Big Business of Patenting Blockchain Tech
The largest banking corporations and economic interests in the world are entering into a patent war for Bitcoin’s underlying blockchain technology. Stage Set for...
Verisign Patent Addresses Double Spending in Digital Currency
Patents are not something native to the Bitcoin world, but that isn’t keeping companies from trying to file them anyway. Bank of America has been trying to patent various...